Properati is a real estate marketplace in Latin America that is presenting at NXTPLabs Demo Day in September 2013. It has developed a more optimized user experience for online real estate compared to traditional sites that simply ported offline models online. Properati also uses a performance-based business model where realtors pay for potential customers (leads) generated, rather than a cost-per-million model, to better align incentives. The Properati team is led by CEO and co-founder Gabriel Gruber and has operations in 30 countries with 12 million monthly visits.