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PropTech Update 8.16.23

When Simon & Garfunkel sang “The Sound of Silence” back in the 1960s, they could have been singing about a PropTech ecosystem that currently finds itself in the depths of summer doldrums....more

PropTech Update - 5.08.23 #1

Venture capital investment in PropTech continued its downward trend as the dollar volume of funding dropped 77% annually in the first quarter of 2023. At the same time, the number of investment deals appears to be holding...more

PropTech Update 2.22.23

Despite the current macroeconomic instability caused by high inflation and interest rates combined with a confusing employment market, PropTech-focused venture capitalists are not shying away from placing their bets on seed...more

PropTech Update -1.12.23

Global venture capital funding for PropTech companies dropped from $32 billion to $19.8 billion in 2022, a decline of 38%, according to a report issued in December 2022 by the Center for Real Estate Technology & Innovation...more

PropTech Update - September 2022

FTC lawsuit: Roommate-finding app Roomster bought fake reviews and featured scam listings Bullet CBS News – August 30 California, the Federal Trade Commission, and five other states filed a lawsuit on August 30 against the...more

PropTech Update - August 2022

PropTech VCs hit a pause - Wealth Management – July 27 - Last year, VC firms invested $32 billion in PropTech companies across the globe, similar to pre-pandemic annual volume and an increase of 28% over 2020,...more

PropTech Update - May 2022

Venture capitalists piled record $4B into PropTech in Q1 Bullet The Real Deal – April 19 A record $4 billion of VC equity funding flooded into the PropTech sector in the first quarter of 2022 as “investor confidence” in the...more

PropTech Update - April 2022

U.S. construction tech firms brace for increased cyberattacks  Construction Dive – March 30 Cybersecurity experts caution against something far more foundational than ransomware attacks or private data thefts when it comes to...more

PropTech Update - February 2022

Major CRE players fuel PropTech funding boom aimed at hybrid, remote workers - Bullet Bisnow – January 26 - The PropTech boom reached record funding levels last year, fueled by venture capitalists investing in flex office...more

PropTech Update - January 2022

PropTech shatters investment record with $32B VC haul in 2021 - Bisnow – December 21 - PropTech’s rapid growth attracted a record-breaking amount of venture capital in 2021. Private investment into the sector hit $32...more

PropTech Update - November 2021

Broker 2.0: $1.5B investment into PropTech by big firms is changing how they operate - Bisnow – October 27 - Global venture capital investment in PropTech exceeded $61.1 billion since 2010, according to investment...more

PropTech Update - October 2021

Report: Investors put more capital into PropTech companies - Connected Real Estate Magazine – September 30 - PropTech startup companies are currently on the rise. Venture capital-backed real estate companies have...more

PropTech Update - September 2021

JLL: No better time to invest in real estate technology - PlaceTech – August 31 - Rebounding after a pandemic-led slump, funding for property technology hit a record high $9.7 billion in H1 2021. Although the COVID-19...more

PropTech Update - August 2021

PropTech funding is surging, with construction and property management leading the pack - Crunchbase – July 22 - Funding to venture-backed PropTech companies has surpassed pre-pandemic levels, according to Crunchbase data,...more

PropTech Update - July 2021

Real estate tech is bouncing back from its pandemic slump - PitchBook – June 28 - Over 2020, global VC deal flow into commercial real estate technologies fell nearly 80% compared with 2019. Meanwhile, venture...more

PropTech Update - May 2021

Why software is eating the home - The Real Deal – April 19 - Less than a decade ago, startups valued at $1 billion or more were so rare that the tech world took to calling them unicorns. In 2013, there were just 39...more

PropTech Update - April 2021

WeWork merger highlights real estate SPAC surge - Commercial Property Executive – March 30 - WeWork’s second stab at going public highlights the growing popularity of special purpose acquisition vehicles in the real...more

PropTech Update - February 2021

Cadre launches $400M fund targeting individual investors - Forbes – February 2 - Real estate financial technology company Cadre has launched a new $400 million real estate fund oriented to individual investors, financial...more

PropTech Update - November 2020

Tishman Speyer forms $300 million SPAC to invest in PropTech companies - Bullet The Real Deal – October 26 - Tishman Speyer has formed a $300 million blank-check company — becoming the first major real estate owner to...more

PropTech Update - October 2020

BNP Paribas Real Estate backs Fifth Wall to launch first European PropTech fund - Bullet Propertyfundsworld – October 6 - Fifth Wall, a venture capital firm focused on real estate technology, has partnered with BNP...more

PropTech Update - August 2020

How PropTech firms struck deals during lockdown - Bullet The Real Deal – July 27 - During the first half of the year, venture capital funds invested $1.2 billion in 102 PropTech deals, according to PitchBook, compared to...more

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