eVoost AI, the Abu Dhabi-based PropTech startup, has raised €2m ($2.2m) in a funding round. The round was led by First Drop VC, as the company accelerates the development of its artificial intelligence (AI) powered residential sales platform and expands further into international markets.
The round also included participation from a syndicated investment vehicle linked to Hub71 and backed by Mubadala Investment Company, alongside strategic investors and angel backers with exposure to markets including Romania and the UAE.
The company was founded by Cristian Pastrana and Koh Onozawa, former Co-CEO of crypto platform Bit2Me, eVoost AI is building a data-driven platform designed to modernise residential property sales through AI, predictive analytics and automation.
The company said it currently manages over $3.5bn in real estate assets under commercial agreements across Europe, the UAE and the United States.
Their platform helps developers identify buyer demand before construction is completed, allowing them to optimise pricing, positioning, and sales strategies using AI-generated insights and behavioural data.
“This round allows us to accelerate the construction of an intelligent operating system for residential commercialisation. Our goal is to transform a traditionally fragmented and analogue sector into one governed by data, AI, and automation.”
Cristian Pastrana, Co-Founder and CEO, eVoost AI
The company added the fresh capital will support product and technology development, international expansion and team growth.
eVoost AI currently operates from Abu Dhabi, with additional teams in Madrid and Gijón, and plans to strengthen its presence across Spain, Portugal, the UAE, and the United States while expanding into new markets.
According to Manu Nieto, Co-Founder of First Drop VC, the investment reflects growing interest in solving inefficiencies within the housing market through technology-driven solutions.
“At First Drop, we believe access to housing is one of the major global challenges. Many developers still build without truly understanding their end customer. eVoost’s technology identifies demand and optimises sales even before construction begins.”
Manuel Nieto, Co-Founder, First Drop VC
The transaction reflects growing investor appetite for AI-powered PropTech infrastructure, particularly in the Gulf, where developers are increasingly adopting automation, predictive analytics, and digital-first sales systems.
