Founded in 2022 by Antoine Azer, Byit began in Egypt, expanded to the UAE, and is now using its new capital to target Saudi Arabia and wider Gulf markets.
UAE-headquartered proptech Byit Capital has raised $1.1 million in strategic funding from A15, Beltone Holding, and a group of angel investors to expand into Saudi Arabia and deepen its operations in the United Arab Emirates.
Founded in 2022 by Antoine Azer, the startup began in Egypt before expanding to the UAE with an agent-first brokerage model that offers freelance brokers up to 90% of developers’ commission and access to verified developer inventory.
Byit reports a network of more than 40,000 freelance brokers, over 450 partners, and more than 1,000 mapped projects. The company said the funding will accelerate its regional plan, including strengthening UAE operations, fast-tracking entry into Saudi Arabia, and expanding its developer ecosystem across the Middle East.
“Our goal has always been bigger than building a platform; it’s about setting a new standard for how the industry operates,” said Antoine Azer, Founder & CEO of Byit Capital. “This investment confirms that the market is ready for a fundamentally different kind of brokerage model, one that prioritises transparency, accountability, and real value for both agents and developers.”
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