$3.3B was raised, but $2B concentrated in the top 10 deals
Proptech capital is increasingly moving into real estate's financial backbone
Big funding rounds continue to shape the proptech investment landscape
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
Zillow stayed the course as it continued to develop its super app while real estate brokerages raced to adapt artificial intelligence and property managers benefitted from new rental software
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
As billions flow into proptech, indie brokerages can thrive by seeking out solutions that keep agents focused on their clients