Proptech startup Todd announced on the 10th that it had been selected for TIPS, a technology startup support program of the Ministry of SMEs and Startups.
TIPS is a public-private partnership program that discovers and fosters companies with technological prowess and global competitiveness. Todd was selected upon recommendation from accelerator Bluepoint Partners. As a result, Todd will receive up to 700 million won in funding over the next two years.
Todd is developing a map search engine that helps individuals navigate personalized real estate searches. With this TIPS selection, Todd plans to hire additional talented individuals and strengthen its technological capabilities. Through this map search engine, Todd plans to increase the efficiency of real estate searches and provide innovative, user-centric real estate search solutions.
Cha Woo-jin, Bluepoint's chief inspector, said, "We expect a significant ripple effect by developing a map search engine that will efficiently improve the real estate search process for real estate seekers."
Meanwhile, Todd attracted investment from Bluepoint Partners just one year after its establishment, and also received funding from the Korea Technology Finance Corporation and the Korea SMEs and Startups Agency.
CEO Gil Seong-ho expressed his expectations, saying, “Through this TIPS project, we will be able to get one step closer to the world that Todd pursues: ‘a world where the journey to find a new home is filled with excitement rather than worry and anxiety.’”
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