Lhoopa, bolstered by an $80 million investment, is revolutionizing affordable housing in the Philippines through technology and decentralized operations, addressing a critical gap in the market.
- Investors: The $80M investment includes contributions from the World Bank’s IFC, Wavemaker Partners, Pavilion Capital, and other strategic partners.
- Founders’ Vision: Marc-Olivier Caillot and Sabrina Tan founded Lhoopa in 2018 to address the lack of platforms for affordable housing in the Philippines.
- Market Demand: Around 6.5 million units for low-income earners in the Philippines remain unfilled, driving Lhoopa’s mission.
- Technology Integration: Lhoopa uses AI and machine learning to analyze market trends across 9,000 areas, identifying undervalued properties for development.
- Expansion Plans: With $80M funding, Lhoopa aims to scale operations across Southeast Asia, targeting underserved communities and gig workers.
Lhoopa’s innovative approach, supported by significant investment from global financial institutions and strategic partners, not only addresses the critical housing shortage but also promotes inclusive development in emerging markets like the Philippines.
