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Proptech Bubble Deflates As Startups Swallow Lower Valuations

... record funding pushing valuations skyward. Private investment into the proptech sector totaled $32B last year, according to the Center ... bubble over the last year with overinflated valuations, and proptech wasn’t immune. Residential-focused firms have been ...

Jun 22, 2022
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Proptech Is The Driving Force That Real Estate Needs To Tackle Today’s Challenges
News

Proptech Is The Driving Force That Real Estate Needs To Tackle Today’s Challenges

... , associate vice president of technology and innovation at global proptech firm Retransform. “There has always been a gap between ... , occupancy levels, air quality and more.  The second growing proptech sector, he said, will be where people work physically.  ...

Apr 07, 2022
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Proptech SPAC The Latest Play To Advance Investment In Booming SFR Market
News

Proptech SPAC The Latest Play To Advance Investment In Booming SFR Market

... to a news release.  Tom Hennessy, chairman and CEO of PropTech Investment, said in a statement that single-family rental technology ... annual increase in more than 16 years. The Appreciate-PropTech Investment merger is set to finalize in the second half ...

May 17, 2022
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Proptech Startup Veev On Edge Of Closure After Failing To Raise Funding
News

Proptech Startup Veev On Edge Of Closure After Failing To Raise Funding

... momentum slowed as investors pulled back on proptech amid economic headwinds. The U.S. proptech market received about $1.2B in growth ...

Nov 28, 2023
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Proptech Tools Are Great, But Only If You Have The Systems To Manage Them
News

Proptech Tools Are Great, But Only If You Have The Systems To Manage Them

... CRE owners with a host of impressive proptech tools and smart home technology to offer ... review.”  Miller added that with so many proptech solutions coming on the market, owners ... location. Miller said that the right proptech tools can allow them to have this ...

Aug 17, 2022
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Outrider Proptech
News

Proptech Investment Has Nose-Dived — Unless You've Tapped Into The Zeitgeist

... data shows.  The decline follows a big year for proptech and coincides with continued consolidation happening in the maturing ... now to accelerate our growth in digitization.” Though proptech companies reliant on floundering sectors like brick-and-mortar ...

May 07, 2020
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Proptech Firm EliseAI Reaches Unicorn Status With $75M Series D
News

Proptech Firm EliseAI Reaches Unicorn Status With $75M Series D

The New York-based company — which provides artificial intelligence-powered chat and administrative duties for rental and healthcare properties — raised $75M in a Series D round, it announced Tuesday.  The Series D round was led by Sapphire Ventures with ...

Aug 14, 2024
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One of Wynd's portable air quality monitoring products in the center of a restaurant table.
News

Proptech Firm Wynd Raises $10M To Expand Air Quality Tools To Commercial Buildings

... environments."   DBL Partners founder Nancy Pfund and Greensoil Proptech Ventures Managing Partner Dave Harris Kolada are joining Wynd's ...  a $100M fund aimed at investing in sustainability-focused proptech, part of a growing wave of venture capital firms ...

Aug 16, 2021
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Proptech Startup Shuts Down One Year After Raising $100M, Citing Market Conditions
News

Proptech Startup Shuts Down One Year After Raising $100M, Citing Market Conditions

... It has been a pleasure to serve our communities." Proptech companies across the country have struggled to raise money this ... The VC funding market woes came after proptech stocks fell dramatically, with public proptech companies from January to June losing an ...

Aug 26, 2022
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Turntide motors on a warehouse floor prepping for shipment
News

Proptech Backed By Amazon, Robert Downey Jr. Surpasses $1B Valuation

A climate proptech firm whose energy-efficient motors power buildings, cars and trains ... world’s most energy-intensive industries." Despite a bear market, proptech firms that offer solutions for commercial real estate clients looking ...

Jun 15, 2022
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