Jad Antoun (Huspy)
Overview
Jad Antoun is a prominent entrepreneur and the co-founder and CEO of Huspy, a leading proptech startup based in the United Arab Emirates (UAE). Founded in 2020 alongside Khalid Ashmawy, Huspy has rapidly emerged as a transformative force in the real estate sector, particularly in the Middle East and Europe. Renowned for innovating the home-buying and mortgage processing experience, Huspy has facilitated over $7 billion in real estate transactions from its operations in the UAE and Spain. Antoun's visionary leadership and commitment to leveraging technology in real estate have positioned Huspy as a significant player in the proptech industry.
Recent Developments
Recent developments regarding Jad Antoun and Huspy highlight both strategic accomplishments and substantial advancements:
- July 2025: Huspy secured $59 million in a Series B funding round led by Balderton Capital. The funding will accelerate its expansion into six additional Spanish cities and the launch in Saudi Arabia by the end of 2025. Huspy plans to amplify its European and Middle East footprint, further supporting its robust real estate and mortgage operations (Entrepreneur Middle East).
- April 2025: During Dubai AI Week, Huspy unveiled Huspy.Ai, the GCC's first AI-powered mortgage chatbot, designed to revolutionize the mortgage process, emphasizing Huspy's commitment to integrating cutting-edge technology (PR Newswire).
- December 2024: Huspy expanded its operations significantly in Spain, achieving a reported 20x growth year-on-year, which underlines the company's rapid scalability and market penetration strategy (Finance Yahoo).
- Mid-2024: The company focused on enhancing its technology platforms and strategic hiring to bolster its global teams, attracting industry talent to support its proptech initiatives (TechEconomy).
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Jad Antoun |
| Born | Not publicly available |
| Nationality | Lebanese |
| Occupation | Entrepreneur, CEO & Co-founder of Huspy |
| Known For | Co-founding Huspy, Transforming Real Estate Proptech |
| Net Worth | Not publicly available |
| Education | University of San Francisco (Economics) |
Early Life and Education
Jad Antoun's journey into entrepreneurship began with a strong foundation in economics and finance, having graduated from the University of San Francisco. Before embarking on his entrepreneurial endeavors, Antoun gained significant experience in the field of investment and venture capital. His time at Beco Capital in the UAE provided him with invaluable insights into the startup ecosystem and set the stage for his future ventures. Antoun's entry into real estate technology was driven by his experiences with market inefficiencies and the cumbersome nature of traditional mortgage processes. These challenges inspired him to innovate and create solutions that would simplify and modernize the real estate buying process in the UAE and beyond.
Career and Notable Achievements
- 2020: Co-founded Huspy, a pioneering proptech company, which quickly became a leading platform for real estate transactions and mortgage processing in the UAE and Spain.
- 2022: Raised $37 million in a successful Series A funding round, positioning Huspy as one of the most valuable startups in the region (Wamda).
- 2022-2024: Expanded Huspy's operations into Spain, achieving top market positions through innovative technology solutions and strategic partnerships.
- Current: Under Antoun's leadership, Huspy recently raised a Series B round to fund further expansions into the Middle East and Europe, including new markets like Saudi Arabia.
Current Work and Impact
As the CEO and co-founder of Huspy, Jad Antoun continues to significantly influence the proptech industry by enhancing the real estate transaction experience through technology-driven solutions. Huspy's platform empowers real estate agents and mortgage brokers by streamlining processes, offering high commissions, and providing industry-leading tools. The company's AI initiatives and technology innovations are expected to elevate service delivery in real estate further. Antoun's work with Huspy has established the company as a cornerstone in the UAE’s mortgage market, with its influence spreading rapidly across Europe. It signals a shift towards digital transformation in regions less developed in tech-enabled real estate solutions, paving the way for greater accessibility and efficiency in property transactions.
Huspy Founders
Launched by Jad Antoun and Khalid Ashmawy, Huspy represents a collaborative effort in utilizing technology to transform the home-buying market. Together, they have crafted a robust business model that combines tech innovation with strategic market expansion, setting new standards for real estate transactions in multiple regions.
Jad Antoun Lime
Before establishing Huspy, Jad Antoun's professional repertoire included roles that equipped him with unique insights into various markets, influencing his approach to proptech. His affinity for solving complex challenges has been a significant asset in crafting Huspy's solutions, illustrating how diverse experiences can fuel entrepreneurial success.
Conclusion
Jad Antoun has carved a distinct niche in the proptech landscape through relentless innovation and strategic foresight. His commitment to transforming the real estate sector with Huspy reflects a deep understanding of technology's potential to reshape traditional industries. As Huspy continues to expand, the legacy of Antoun's leadership in real estate technology is poised to inspire future advancements in the sector.