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PropHero

Identifies top properties for Australian investors

Investment Associate

Full-TimeUpdated on 10/16/2026
No salary listed
Senior
Bachelor's, Master's
Madrid, Spain+1 moreMore locations: Valencia, Spain
In Person
Real EstateReal Estate Development

About the job

Requirements
  • At least 5 years of experience in real estate acquisitions, property sourcing, investment, or brokerage, including at least 2 years leading a team or managing an acquisitions pipeline; experience in a proptech, real estate investment, or fast-scaling startup environment is ideal.
  • A bachelor's degree in Business, Economics, Real Estate, Engineering, or a related field is required.
  • Proven leadership and people-management skills.
  • Strong cross-functional coordination and project ownership, with the ability to manage multiple priorities, identify blockers proactively, and drive projects to completion.
  • Analytical skills to assess pricing, yields, and renovation budgets.
  • Deep knowledge of the Spanish residential market.
  • Native-level Spanish proficiency.
  • Advanced Excel and Google Sheets skills.
  • Advanced English proficiency for internal communications across globally distributed teams.
Responsibilities
  • Define and execute the property supply strategy, ensuring a consistent pipeline of investment-grade properties that matches investor demand across target markets.
  • Drive cross-functional execution across Supply and key stakeholders, ensuring projects progress through commercialization and operational readiness while identifying and resolving blockers.
  • Build and scale strategic sourcing channels with real estate agencies, developers, portfolio owners, banks, servicers, and off-market partners; negotiate collaboration agreements where relevant.
  • Own the supply funnel end to end, including sourcing, visits, analysis, offers, and reservations; track and report KPIs such as volume, conversion rates, time-to-offer, and yield quality to leadership.
  • Set and refine investment criteria and underwriting standards for pricing, renovation estimates, and rental yield with Sales, Renovation, Legal, and Finance, ensuring properties meet quality standards.
  • Improve supply processes and tooling, including CRM, market data, and automation, and identify opportunities to scale sourcing into new cities and regions.
Desired Qualifications
  • A master's degree in Real Estate or Finance.
  • Experience in a proptech, real estate investment, or fast-scaling startup environment.
  • Experience with real estate portals and market-data platforms such as Idealista and Fotocasa.
  • Experience with business intelligence tools such as Looker Studio.

About the company

PropHero provides a platform that automates the property investment process in Australia by using big data and human experts to find high-return, low-risk real estate. The service works by identifying top-tier properties, negotiating deals, and managing the rental process through a mobile app that tracks portfolio performance. Unlike traditional real estate agencies, PropHero offers an end-to-end digital experience that saves investors hundreds of hours by connecting them with vetted mortgage, legal, and management partners. The company's goal is to simplify wealth creation by making high-performing property investment accessible and data-driven for every client.

Company Size

201-500

Company Stage

Debt Financing

Total Funding

$25.3M

Headquarters

Madrid, Spain

Founded

2021

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Simplify's Take

What believers are saying

  • PropHero reported 2025 revenue above €35 million and positive EBITDA in February 2026.
  • Management projected 2026 revenue above €50 million and more than 3,000 homes activated.
  • July 2026 Valencia event signaled demand-building for 1,000 investors and larger deal flow.

What critics are saying

  • Spain generated over half of revenue in December 2025, creating concentration risk.
  • April 2025 Australian layoffs showed management is retreating from one core home market.
  • Trustpilot complaints about delayed rent and missing documentation threaten referrals and renewals.

What makes PropHero unique

  • PropHero runs acquisition, renovation, leasing, and management inside one workflow.
  • Its AI pairs with licensed property experts across Spain, Ireland, Bali, and Australia.
  • It targets investors seeking screened assets, not marketplace browsing or DIY sourcing.

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Benefits

  • Health Insurance
  • 401(k) Retirement Plan
  • Remote Work Options
  • Unlimited Paid Time Off
  • Flexible Work Hours
  • Paid Vacation
  • Hybrid Work Options
  • Wellness Program
  • Mental Health Support
  • Conference Attendance Budget
  • Professional Development Budget
  • Stock Options

Growth & Insights and Company News

Headcount

6 month growth

7%

1 year growth

3%

2 year growth

8%
RealtyNXT
Oct 11th, 2025
PropHero Raises €2.5M for AI Expansion

PropHero, a Spain-based AI-driven PropTech startup, has raised €2.5M to expand across Europe. Founded in 2021 in Australia, PropHero uses AI to simplify property investments by analyzing data to identify high-yield opportunities. With over 10,000 users and 1,800 successful transactions, the platform aims to democratize real estate investing. The funding, supported by BBVA Spark and the EU's InvestEU programme, will enhance its AI capabilities and support its ambitious growth plans.

RealtyNXT
Aug 6th, 2025
AI PropTech PropHero Secures €2.5M For Spain Expansion Backed By EU & EIF

Madrid-based PropHero raises €2.5M to expand AI property platform in Spain, enhancing liquidity and accelerating growth with EU-backed funding support.

EjePrime
Aug 4th, 2025
PropHero secures €2.5M funding with BBVA

PropHero, a digital real estate investment platform, has secured €2.5 million in funding from BBVA Spark, a unit focused on entrepreneurs and venture capital investors. This funding, supported by the EU's InvestEU program, will enhance PropHero's operational liquidity and support its expansion in Spain, its main market. The company, founded in Australia, aims to double its activity and increase revenue from €25 million in 2024 to €50 million in 2025.

Aurum PropTech
May 22nd, 2025
PropHero Raises $25.1M for AI Real Estate

PropHero, an Australian proptech startup, has raised a record $25 million in its Series A funding round, led by Bailador Technology Investments. The funds will enhance its AI-driven real estate platform, aiming for global expansion and doubling revenue to $50 million this year. Co-founders Mickael Roger and Pablo Gil Brusola emphasize transparency and innovation, with David Kirk joining the board. PropHero seeks to revolutionize property investment with its GenAI Real Estate Wealth Advisory platform.

EIN News
Apr 3rd, 2025
Bailador Invests $12.5M in PropHero

Bailador Technology Investments has invested $12.5 million in PropHero, an AI-driven property investment platform, as part of a $25 million Series A capital raise. This marks Bailador's fourth new investment in the past year. PropHero, co-founded by Mickael Roger and Pablo Gil Brusola, operates in a large global market and has shown rapid growth since its 2021 launch. The funds will support product development, marketplace expansion, and international growth.