Founded in June 2019, Seso has created a Customer Relationship Management (CRM) that uses a secure database to streamlines the process of managing properties and transactions for developers, agents, and governments.
The CEO of Seso, Daniel Bloch, told Disrupt Africa, “Once verified the properties are listed onto the Seso marketplace where clients can browse properties and interact with further service providers such as banks for mortgage and law firms for title registration to complete the sale”.
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Seso has grown quite rapidly indeed. The startup deployed its first pilot in South Africa in November 2019, rolling out a government-focused registry platform with funding from Mastercard and the Oppenheimer Foundation, and launched in Ghana in May of this year in collaboration with the British High Commission. Bloch said, It has 65 property developers on the network, with over 6,000 total property units across its three markets.
“We average 10,000 website visits per month, and are approaching US$1 million in property transactions on the platform for the past year. Our government-facing registry portal in South Africa has onboarded 1,000 properties for title registration, and we have received scale-up funding to onboard 5,000 more over next six months,” he said.
In 2017, Seso received its first round of funding from family offices in Ghana and South Africa, and another from a family office in Nigeria in 2019, as well as from Jamie Broderick, an angel investor from the UK. Its most recent cash infusion was from Kepple Africa Ventures and previous investors back in March. Further expansion is being planned.
“We are seeking franchise partners to take the platform to further markets. We are currently exploring expansion to the DRC, Kenya and Morocco,” said Bloch.
