$3.3B was raised, but $2B concentrated in the top 10 deals
Proptech capital is increasingly moving into real estate's financial backbone
The group never broached what they look for in terms of product types or category, but they all agreed, new ventures wanting money need leaders with the courage to bleed for their company
In total, real estate technology entrepreneurs landed $15.1B in funds for their ideas on how to improve the industry, according to CRETI’s 2024 Proptech Venture Capital Analysis
Fractional was reviewed by Inman in 2023 and earned high marks for its ability to broach the most challenging aspects of putting money into real estate: where to start
Lux Capital, its Series A round leader, also led this round and was joined by REColorado MLS, Starwood Capital Group, Flex Capital, Stellar MLS and Venture MLS
Backflip was reviewed by Inman in July 2023, earning high marks for its marriage of acute market analysis and strategic direction with its onboard mechanism for accessible financing
AI, green building, and property and transaction management solutions are still seen as good investments by VC firms, new reports show, despite an overall decline in investments in proptech
The company said it has $230M in assets under management and has invested in industry-leading companies such as Compass, commercial property data company Crexi, and CASAFARI, a property search portal in Europe
RealReports entered the market as Blockchain Home Registry to provide a method for securing ownership of a home on the global digital ledger, and claiming an NFT
Kenya Burrell-VanWormer of NEO and Plunk's Katherine Winston team up to provide mentorship, fractional executives and fundraising preparation for entrepreneurs from diverse demographics
As billions flow into proptech, indie brokerages can thrive by seeking out solutions that keep agents focused on their clients