Business

Sweden's proptech Tmpl to launch a joint venture in Brazil with Webrock Ventures

Tpml said it chose Brazil because it is one of the largest and fastest-growing digital economies in the world, and has a huge real estate market

Photo: Webrock Ventures/Courtesy
  • Tmpl provides service solutions to real estate companies;
  • According to the companies, the new venture will combine Tmpl’s property technology with Webrock Ventures’ local expertise, network access, and financing.

Sweden-based Tmpl, a communication platform for properties in Scandinavia, is landing in Brazil through a joint venture with Webrock Ventures. According to the companies, the new venture will combine Tmpl’s property technology with Webrock Ventures’ local expertise, network access, and financing in Brazil.

Founded in Uppsala, Sweden, in 2015, Tmpl provides service solutions to real estate companies. The startup provides an app where users can manage different questions regarding their living and work to the real estate firm.

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Tpml said it chose Brazil because it is one of the largest and fastest-growing digital economies in the world, and has a huge real estate market, with 50.000 new properties built in Sao Paulo City alone in 2019.

Benjamin Tayar is the new CEO of Tmpl in Brazil. “Brazil has more than 210 million people and will have more than 180 million internet users by 2022, resulting in an obvious and attractive proptech market opportunity,” he said, in a press statement.

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Joakim Pops, founding partner at Webrock Ventures, added that the property technology sector remains in an early development stage in Brazil, with little domestic competition, which provides Tmpl with a unique opportunity to address a large market.

“Combining the respective playbooks of Webrock Ventures and Tmpl, time to market is short and timely as Brazilian consumers are becoming more acquainted with online platforms.”

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