#PROPTECH VENTURE CAPITAL FIRMS SERIES#

Why it's hot: The coworking industry has had an eventful three years. What it does: Daybase operates flexible coworking spaces built specifically for hybrid workers. Here are the buzziest proptech companies right now, presented in alphabetical order.ĭaybase's cofounders, Doug Chambers, chief operating officer, left, and Joel Steinhaus, CEO. We asked each startup for its valuation and revenue, but many declined to share that information as they seek additional funds. We used the companies' self-reported fundraising numbers, but added in Crunchbase data as a supplement for firms that declined to comment. We compiled this list of 28 startups after evaluating the VC nominations. Last year's list taught us that obstacles lead to innovation, creating new breeds of companies in the real-estate industry. Proptechs dedicated to the steamy residential sector drew nearly half the total funding, by far the largest single share of the pie. Venture-capital investments in private real-estate-technology companies hit a record $32 billion in 2021, up 28% from the previous year, according to the Center for Real Estate Technology & Innovation. Among those trends are soaring home prices, a broken supply chain, a house-flipping craze, and a growing work-from-home culture. Insider reached out to more than 20 venture investors who focus on real-estate and construction technology to ask for their nominations of the proptech startups best positioned to address the shortcomings of the industry or that are tackling trends exacerbated by the pandemic.

The pandemic has changed the landscape of the real-estate world and revealed a new set of challenges.Ī new crop of property-technology, or proptech, startups is making noise by attacking some of those challenges head-on.

We surveyed venture capitalists to select 28 of the hottest proptech companies right now.

VCs invested a record $32 billion into these property technology, or proptech, startups last year.

Real-estate tech companies squeeze inefficiencies out of construction, home-buying, and other areas.20.Account icon An icon in the shape of a person's head and shoulders. Furthermore, the firm supports promising companies such as Bricksave, SmartBarrel, and Green Canopy Node.

#PROPTECH VENTURE CAPITAL FIRMS SERIES#

While LAB Ventures provides seed to Series A financing up to $500,000, it frequently co-invests with other firms to help founders gain industry knowledge. While investors are open to taking on new startups, they also seek founders who are serious about working to achieve a high status in their industries.

It also connects its close investment contacts to later-stage companies seeking additional fundraising. This company provides finance and prospects for its portfolio firms' airline aviation department. Its investors routinely finance small businesses that strive to evolve from unproven to well-known among major brands dominant in technology. The company requires that startups have a global product, marketability, and growth potential. Miami-based LAB Ventures works with early-stage startups in the PropTech domain. Notable Portfolio Companies: BrickSave, BuildClub, and Knowify.

Proptech venture capital firms