Huspy

CEO and co-founder Jad Antoun sets the firm’s strategic and capital-allocation direction. Antoun has not disclosed a separate CIO or investment committee for the treasury function. The leadership team includes a 50-plus-person tech unit in Dubai and a regional head of operations in Spain, but operational authority—rather than institutional investment authority—is what the firm publicly describes.

Huspy earns brokerage fees on mortgages it originates, placement fees from property listings and developer bookings, and transaction fees from ancillary services like photography, fit-out, and property management. The firm markets its ability to route borrowers to partner banks through an expedited ‘fast-pass’ pipeline, which suggests a volume- or spread-based commission structure.

Huspy operates as a licensed mortgage broker and property-services firm in the UAE and Spain. It is not a bank, does not hold a balance sheet, and does not underwrite loans—it connects borrowers to regulated lenders. The company’s proprietary software and pre-approval engine make the experience resemble a digital storefront, but the regulatory posture is that of a traditional brokerage.

Huspy does not disclose any fund-of-funds, LP, or direct-investing activity outside its operating business. The $96 million in venture funding it has raised is capital for the corporate entity, not an allocator pool it manages on behalf of outside investors.

Sequoia Capital India, Founders Fund, Fifth Wall, and Balderton Capital are minority equity investors in Huspy. The Series A and Series B rounds represent standard venture-capital holdings; no special-purpose vehicles, co-investor clubs, or exclusive deal-flow relationships have been publicly disclosed.

Huspy is a venture-funded operating company, not a family office, and does not manage private wealth on behalf of a single family. Its capital comes from institutional venture investors, and no single family-origin pool of wealth has been publicly identified.

Huspy’s stated mission is to become the largest home-buying company in Europe and the Middle East. After establishing its market lead in the UAE, the firm opened offices in Madrid and Valencia in 2023. Early feedback suggests the Spanish entry mirrors the UAE playbook of bundling mortgage brokerage with property search.