Proptech firm Square Yards has raised $35 million in a fresh equity round

Proptech firm Square Yards has raised $35 million in a fresh equity round. The round was led by Smile Gate Group, with further participation from existing investors.

Sources close to the deal say Square Yards had a pre-money valuation of $900 million, with the firm planning to float at a valuation of at least $1.5 billion in 2026.

Square Yards is a diversified PropTech platform and real estate marketplace. For consumers, it offers a comprehensive suite of services spanning new home listings and existing property sales (Square Yards), property management (azuro), home renovation and interiors (Interior Company), and real estate–focused financial services (Urban Money).