Hemnet

IPO

Sweden's #1 property portal

Stockholm, Sweden · Founded 1998 · $232.0M raised

Headquarters
Stockholm
Employees
51–200
Founded
1998
Business Model
B2C
Website
hemnet.se
Total Funding
$232.0M
Last Round
$232.0M Growth EquityNov 2016
Rounds
1

About

Hemnet is Sweden's leading online property portal, founded in 1998 as an industry initiative that has since become the dominant marketplace connecting home buyers, sellers, and real estate agents across the country. The platform receives over 40 million visits per month and lists approximately 9 out of 10 properties sold in Sweden annually, making it the fourth largest Swedish commercial website by reach with 1.8 million unique visitors per week. Headquartered in Stockholm, Hemnet operates on powerful network effects — buyers, sellers, and agents are all drawn to the platform as the most efficient place to connect, creating a virtuous cycle that cements its role as the natural hub of the Swedish housing market.

Summary

Hemnet is a Real Estate company based in Stockholm, Sweden, founded in 1998. It has raised $232.0M in total across 1 round, most recently a $232.0M Growth Equity round in Nov 2016. Investors include General Atlantic and Sprints.

Tech & App Stack

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Funding History

IPOApr 2021
$280.0M

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Investors

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