The Ohmyhome team
Ohmyhome has become the first Singaporean firm to list on the Nasdaq in 2023.
The proptech company raised about US$11.2 million from the issue of 3.6 million ordinary shares (priced at US$4 per share).
Its shares started trading at midnight Singapore time on Wednesday under the ticker “OMH”.
Per the MarketWatch data, the trading is closed for the day at US$4.07 per share.
Started in September 2016 by sisters Rhonda and Race Wong, Ohmyhome is a one-stop-shop platform providing end-to-end property solutions and services to customers.
Ohmyhome connects buyers and sellers directly at no cost. The platform boasts features such as ‘ShoutOut’ and ‘Open House’ to enhance the overall user experience.
It operates on a hybrid model — a do-it-yourself (DIY) platform and fully-fledged agency services.
The company has operations in the Philippines, Singapore, and Malaysia.
In August 2021, Ohmyhome secured US$5 million in financing from Singaporean investor Swettenham Blue. Two years earlier, the startup bagged US$2.9 million in a Series A round led by Golden Equator Capital.
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