Flat, a Mexican property tech startup, raises $4.6M pre-seed led by ALLVP

INSUBCONTINENT EXCLUSIVE:
The round was led by ALLVP, an active early-stage fund in Mexico
California-based Liquid 2 Ventures (for which Hall of Fame quarterback Joe Montana is a GP), NextBillion and a few angels supported the
property exists for consumers in other growing markets around the world
estimate the total value of the 40 million homes in Mexico to be a $1.6 trillion total addressable market
They equate the value of homes sold per year to $25 billion
solving a few problems in the local home-buying market in Mexico
Firstly, anyone interested in selling their property lacks information about how much their home is actually worth
sell quickly
Flat visits your home, takes measurements, documents how many bathrooms and bedrooms exist in the property and determines how much your home
is worth
From there, they manage renovations and transfer ownership of the property
has its own regulatory barriers
to only serve a Mexican market, rather than expand to other Spanish-language countries in the LatAm region