Investment firm Beco Capital secures its second billion-dollar departure from the business world, owing to the sale of its share in Property Finder.
Published on August 11, 2025
Dubai-based investment firm Beco Capital has scored a second billion-dollar exit, following the sale of its entire stake in Dubai-headquartered proptech company, Property Finder. The news comes after the company was able to fund the purchase of Beco Capital's shares with $90 million in debt financing from Francisco Partners.
Beco Capital first invested in Property Finder in 2013, and subsequently followed on with additional investments. The exact amount and returns are not clear, but the co-founder and Managing Partner of Beco Capital, Dany Farha, described the exit as yielding "true venture returns" for their investors.
Property Finder was last secured external financing in 2018, raising $120 million. The company's success has been significant, particularly benefiting from the market bounceback after the COVID-19 pandemic, with a 6x growth between 2021-2025. As a result, Property Finder has achieved a 'unicorn' valuation and is already profitable. However, the current search results do not provide specific information about the valuation of Property Finder after Beco Capital's exit and the subsequent shares buyback.
VNV Global, another early investor in Property Finder, exited its entire 9.5 percent stake in July 2022, implying a valuation of $411 million. The first billion-dollar exit for Beco Capital was Careem, which was acquired by Uber for $3.1 billion in 2019.
Beco Capital's other investments include Qlub, which raised $30 million in Series B funding to scale its restaurant payments platform globally, and Alaan, a Dubai-based fintech that recently raised $48 million in Series A funding. The firm is also an early investor in Kitopi, which became a unicorn in 2021.
However, not all investments have been successful. Swvl, another Beco Capital investment, went public on NASDAQ after a $1.5 billion merger with a SPAC but has since struggled, with its market cap currently hovering around $70 million.
Beco Capital's executive stated that they had to exit their stake to return capital to their limited partners and sunset the fund. Another recent investment by Beco Capital is Journify, a Dubai-based company that recently raised funds and doubled its valuation to grow first-party data marketing across the region.
Property Finder is one of the leading real estate portals in the region, with presence in UAE, Saudi Arabia, Egypt, Bahrain, and Qatar. The company is also a large shareholder in Zingat, a leading property website in Turkey.
[1] For detailed valuation information, direct insight from financial reports or statements from Property Finder would be necessary.
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