DD360

About DD360

DD360 operates as a financial and property technology platform in Mexico, providing a comprehensive digital ecosystem for the residential real estate market. Founded in 2017 by Jorge Combe and Martin Werner, the company was established to address inefficiencies in the traditional financing processes within the real estate sector. Both founders brought extensive financial expertise to the venture, having previously served as co-heads of Goldman Sachs Mexico. Combe's background also includes an MBA from the Wharton School and an economics degree from ITAM, complementing his experience in investment banking.

The firm's business model encompasses both business-to-business (B2B) and business-to-consumer (B2C) segments. For real estate developers, DD360 offers a suite of financing solutions, including mezzanine and construction loans, accessible through a platform designed to manage projects from inception to the sale of individual units. This B2B focus was the initial entry point, tackling issues like slow credit approval and a lack of technological adoption by traditional banks. On the B2C side, the company provides mortgage loans to homebuyers, including those who might be excluded from conventional financial systems, through its digital mortgage origination platform, Compa. Revenue is primarily generated through its fintech lending activities, which in turn allows the company to offer many of its proptech services, such as market insights and data, at no cost to the end-users.

DD360's integrated platform provides tools for all stakeholders in the residential real estate lifecycle. For developers, it offers real-time monitoring of project areas, unifying data on sales progress, construction, and financing structures. The company also developed Monopolio, an AI-driven marketplace and appraisals platform that aggregates listings and provides transparent data to consumers and brokers. A significant milestone was achieved in August 2022, when DD360 secured a $91 million investment round led by Creation Investments Capital Management to accelerate loan growth and expand its technology offerings. The company has been profitable since its inception, bootstrapping its way to growth before this significant funding round. To date, it has financed over 120 real estate projects across Mexico.