UAE-based proptech Holo has raised $22 million in a Series A round led by Saudi Arabia’s Impact46, with participation from Mubadala Investment Company, Rua Growth Fund, anb seed, and MoreThan Capital. Returning investors Salica Oryx Fund and Dubai Future District Fund also joined the round.
Founded in 2020 by Michael Hunter and Arran Summerhill, Holo provides digital mortgage services, enabling buyers and homeowners to explore financing and refinancing options through its platform. The new funding will accelerate Holo’s entry into Saudi Arabia, scale its product and engineering teams, and strengthen regional partnerships as demand for digital homeownership solutions grows.
The raise comes as Saudi Arabia prioritises housing reform and mortgage digitisation under Vision 2030, with the Kingdom’s residential property market projected to expand from $203 billion in 2025 to $310 billion by 2030.
“At Holo, we’ve always believed that buying a home shouldn’t be complicated,” said Michael Hunter and Arran Summerhill, co-founders of Holo. “With this raise, we’re not only scaling across borders but also scaling trust, simplicity, and access to homeownership. Our profitability in the UAE has given us the strength and confidence to invest ambitiously in high-growth markets like Saudi Arabia.”
Basmah AlSinaidi, Managing Partner at Impact46, said: “Holo is bringing much-needed clarity to a process that’s long been opaque. By streamlining access to lenders and giving users full control of their home financing journey, they’re reshaping how people buy homes across the region. Their expansion into Saudi reflects a bigger shift in consumer expectations — and the rising demand for seamless, tech-driven ownership experiences.”
Ali Al Mheiri, Executive Director of UAE Diversified Assets at Mubadala, added that the deal reflects the fund’s confidence in “the growing role of fintech in shaping the future of property ownership across the region.”
Holo previously raised an undisclosed pre-Series A in 2024 led by Dubai Future District Fund and Oryx Fund.
