AirCity
Aircity is a technology-based real estate management service.
PropTech
Startup Description
AirCity emerges from a data-driven understanding of the Ho Chi Minh City housing market. Research reveals that over 1 million residents, a significant portion of whom are students, young professionals, and low-income individuals, reside in unsafe or outdated living environments. These often-rural migrants seek affordable and modern housing solutions within the urban landscape. AirCity recognizes that these inadequate living conditions can hinder the long-term well-being and development of a generation of young people.
Driven by this insight, AirCity is dedicated to providing safe and technologically advanced building management solutions specifically tailored to the boarding house, serviced apartment, and dormitory segments. Their mission is to improve the quality of life for residents while simultaneously empowering property owners and long-term accommodation businesses. AirCity leverages cutting-edge, proprietary technology to streamline building operations, optimize management efficiency, and reduce operational costs. This translates to a significant reduction in personnel required for building management – from a traditional team of 10 people overseeing 1,000 rooms to a mere 3 people with the support of AirCity's innovative technology platform.
AirCity aspires to establish a comprehensive building operation management platform. This platform will serve a dual purpose: enhancing the living experience for residents and maximizing revenue streams for property owners. By prioritizing both resident well-being and operational efficiency, AirCity positions itself as a revolutionary force in Ho Chi Minh City's housing market.
In October 2023, AirCity received seed funding from South Korean fund Sopoong. Antler and several angel investors also participated in this funding round.
Startup Details
Venture Round
Seed
Website
Address
343 Pham Ngu Lao, District 1 Ho Chi Minh City
Investors

Antler backs the world’s most driven founders, from day zero to greatness. As the world’s most active early-stage investor, Antler backs people from the beginning with co-founder matching, deep business validation, and funding.

Zone Startups offer startup accelerator programs, with a seed-stage investment fund to embrace innovation technologies.