KiRE

KiRE is a Mexican proptech platform that enables fractional real estate investment in residential properties. Founded in 2023 by Rodrigo Murillo and José Luis Garay, the company operates from Mexico City and aims to democratize access to real estate investment by allowing users to purchase fractions of properties digitally without requiring full capital or mortgage financing. The platform targets individuals who want to invest in the real estate sector but lack the complete capital needed for traditional property ownership. Through KiRE's digital platform, investors can acquire fractions of residential properties and benefit from rental income and property appreciation over an estimated four-year investment period. The company retains administration of the properties and places them for rent to third-party tenants, with investors receiving proportional rental income and eventual returns including capital gains. KiRE is a member of the Mexico PropTech Association and has participated in industry events including Proptech Latam Summit Week. The founders bring extensive expertise, with Rodrigo Murillo having experience as a finance director in Mexico's oil and gas sector with over USD 300 million in loan structuring experience, while José Luis Garay has commercial strategy and logistics leadership experience. The startup participated in the Founder Institute accelerator program and operates in Mexico City, Querétaro, and Mérida. As of 2023, KiRE was in pre-seed stage seeking to raise a seed round and planned to expand its property portfolio. The platform positions itself at the intersection of proptech and fintech, leveraging technology to provide transparency by giving investors access to legal documentation for properties in which they invest.