Brazilian proptech Loomy secured approximately $9.4 million in fresh capital to speed up deployment of ongoing projects and support nationwide growth. The round was led by EXT Capital, an investment manager focused on technology and innovation, using a mix of equity and debt to fund operations while limiting founder dilution. Loomy expects to scale revenue to roughly $17 million by 2026 as it broadens its footprint in smart residential infrastructure.
Investment Details
EXT Capital structured the financing to match Loomy’s rapid demand without overextending the balance sheet or significantly diluting ownership. The firm’s partners highlighted Loomy’s strong gross margins, growth-linked capex profile, and low performance risk as drivers of conviction. EXT Capital has backed several Brazilian technology companies and views connected residential infrastructure as a durable category with clear operating economics.
Market Opportunity
Loomy is targeting Brazil’s vast condominium market, where annual homeowners association and building fees total an estimated $27 billion to $36 billion. The segment has historically lagged on digitization, creating room for integrated providers that combine connectivity, automation, and software into one stack. Loomy’s model is built to capture recurring revenue over multi-year contracts, aligning incentives with property managers and residents.
Technology and Offering
Founded in 2022 by Marcelo Szeer as a spin-off from internet operator Vianet, Loomy integrates fiber connectivity, artificial intelligence, and IoT across entire properties. Its platform spans intelligent access control, perimeter security, AI-enabled cameras, and water, energy, and gas metering, all tied into an app for condominium management. Residents can authorize visitors remotely with facial recognition, while property teams manage assets through more than 30 software modules.
Infrastructure-First Model
Loomy self-finances and installs project-level fiber backbones that can exceed 40 kilometers, giving it control over uptime, service quality, and system interoperability. This infrastructure-first approach turns buildings into addressable digital networks, enabling the company to layer new applications as needs evolve. Management argues that full-stack ownership lowers integration friction and total cost of ownership compared with fragmented point solutions.
Traction and Expansion Plans
The company reports contracted revenue of roughly $22 million across properties at various stages of rollout, with projects spanning more than 30 cities in 12 Brazilian states. Contracts average five years, and about 70 condominiums are already live, with the remainder moving through installation and integration. With the new capital, Loomy plans to accelerate national expansion, deepen partnerships with developers, and advance product development, including delivery robotics for food and medicine inside buildings.
Use of Proceeds and Partnerships
Management expects to allocate more than 90 percent of the funding to fulfill signed contracts and scale operations, with the balance directed to research and development. Loomy has been building relationships with construction and real estate partners to embed its stack in greenfield projects from 100 to 120 units and up. The company is also evaluating adjacent verticals such as shopping centers, hotels, and office properties once residential penetration reaches critical mass.
Financial Outlook
Loomy aims to close 2025 with approximately $3.6 million in recognized revenue and sees a path to about $16 million in 2026 based on current demand and backlog. The company believes contracted pipeline growth will continue as more condominiums standardize on unified connectivity and automation. Management views the combination of locked-in multi-year agreements and infrastructure ownership as a foundation for durable cash flows.
Leadership Perspective
Founder and partner Marcelo Szeer said the financing arrives at a pivotal time after the solution demonstrated clear product-market fit across multiple regions. He emphasized that capital constraints had previously limited the pace of rollout despite strong inbound interest from property managers. With the new backing, the team intends to consolidate partnerships and deliver a uniform experience at scale.
Loomy is positioning itself as a full-stack operator for smart residential infrastructure, pairing network ownership with a growing software portfolio. The investment from EXT Capital gives the company resources to execute on existing commitments and accelerate a national buildout. If it sustains unit economics and delivery, Loomy could emerge as a reference platform for Brazil’s modern condominium market.
Source: NeoFeed