نورهان فؤاد
- UAE-based proptech startup eVoost AI raised €2 million ($2.2 million) in a funding round led by Spain’s First Drop VC.
- The company is building an AI-powered residential sales platform that helps developers analyze buyer demand, optimize pricing, and improve sales strategies before construction is completed.
- The new capital will support product development, international expansion, and team growth across the UAE, Europe, and the United States.
Abu Dhabi-based proptech startup eVoost AI has raised €2 million ($2.2 million) in a funding round led by Spanish venture capital firm First Drop VC, as the company accelerates the development of its AI-powered residential sales platform and expands across international markets.
The round also included participation from a syndicated investment vehicle linked to Abu Dhabi’s Hub71 ecosystem and backed by Mubadala, alongside strategic investors and angel backers with exposure to markets including Romania and the UAE.
Founded by Cristian Pastrana and Koh Onozawa, former co-CEO of crypto platform Bit2Me, eVoost AI is building a data-driven platform designed to modernize how residential properties are marketed and sold using artificial intelligence, predictive analytics, and automation.
Turning Real Estate Sales Into a Data-Driven Industry
According to the company, eVoost AI currently manages more than $3.5 billion in real estate assets under commercial agreements, with operations across Europe, the UAE, and the United States.
Its platform helps real estate developers identify actual buyer demand before projects are completed, allowing them to optimize pricing, product positioning, and sales strategies through AI-generated market insights and behavioral data.
Cristian Pastrana, co-founder and CEO of eVoost AI, said the new funding will help the company accelerate the development of an intelligent operating system for residential commercialization.
“This round allows us to accelerate the construction of an intelligent operating system for residential commercialization,” Pastrana said. “Our goal is to transform a traditionally analog and fragmented sector into one governed by data, AI, and automation.”
The company said the fresh capital will be directed toward three key areas: product and technology development, international expansion, and team growth.
Expansion Across Europe, the UAE, and the United States
eVoost AI currently operates from Abu Dhabi, with additional teams based in Madrid and Gijón. The company plans to strengthen its footprint across Spain, Portugal, the UAE, and the United States, while preparing to enter additional markets in the near future.
Its technology integrates AI across the residential sales cycle, from market analysis and buyer behavior insights to pricing optimization and sales strategy.
According to Manu Nieto, co-founder of First Drop, the investment thesis is closely tied to solving inefficiencies in housing markets.
“At First Drop, we believe access to housing is one of the major global challenges,” Nieto said. “Many developers still build without truly understanding their end customer. eVoost’s technology identifies demand and optimizes sales even before construction begins.”
The deal highlights growing investor interest in AI-powered proptech infrastructure, particularly in Gulf markets where real estate developers are increasingly adopting automation, predictive analytics, and digital-first sales systems.
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