Russia-based proptech startup Puzzle raises $563K in funding

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Russia-based proptech startup Puzzle PropTech Llc has raised RUB60 million ($563,000 U.S.) in funding, Alexey Gorulev, its founder and CEO, told Forbes Russia.Founded in 2022, Puzzle is developing a virtual assistant that helps users to plan self-build property development designing a project, calculating the budget, finding contractors, arranging a mortgage etc.The company works with banks Rosbank, VTB, Pochta Bank and Gazprombank, as well as home insurance provider VSK.The round was led by the Voskhod fund, which invested RUB50 million, with existing investor Malina contributing RUB10 million. Puzzle previously raised RUB42 million in a seed round in 2023.Freedom Finance Global values Puzzle at between RUB210 million and RUB230 million. Gorulev retains a 61% stake in the company.

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