CRETI · Center for Real Estate Technology & Innovation

🚀 Proptech's Big Opportunity: Will 2025 Be the Breakout Year? The success of ServiceTitan's IPO, which generated $3.6 billion in value for its venture investors, has reignited excitement about IPO opportunities in proptech. With the increasing digitalization of real estate, innovation, and demand for operational efficiency, proptech is poised to transform an industry worth trillions. However, to attract investors, the industry must position proptech as the tech sector solving real estate’s inefficiencies—a necessity, not just an option. 📍 ServiceTitan's IPO as a blueprint for scaling. 📍 EY and S&P reports show IPO momentum building in 2025. 📍 Why proptech’s time to shine is now. The question is, will the industry step up to make proptech cool enough for Wall Street? Read more → https://lnkd.in/gS72RQkv #proptech #realestate #ipo #finance #servicetitan #venturecapital #fundraising

Billd, a provider of financial solutions for commercial subcontractors, has secured a $144 million financing facility in partnership with ATLAS SP Partners, the securitized products and warehouse finance arm majority owned by Apollo funds. Founded in 2018, Billd has raised a total of $351.5 million across five funding rounds. ↳Read more about the round at https://lnkd.in/gpQZXPdm #proptech #constructiontech #contech #venturecapital

BREAKING NEWS: $15.1 Billion Invested in Proptech in 2024 As we close the chapter on 2024, the proptech industry stands at a pivotal moment, reflecting the resilience and adaptability of its key players. This year saw a confluence of challenges and opportunities that reshaped how investors, entrepreneurs, and industry leaders approach innovation in real estate technology. Macroeconomic pressures, rising interest rates, and shifting investor priorities converged to create a landscape in which financial discipline and strategic growth emerged as the dominant themes. 2024 Themes & Trends from Leading Proptech VC Investors 📍 "2024 was about resilience, innovation, and aligning proptech with the practical needs of the real estate industry. This combination is setting the foundation for a transformative decade." - Ajey Kaushal, JLL Spark 📍 "Rather than framing Seed 2, 3, or even 4 rounds as ‘failures to launch,’ we suggest investors reconsider this phase as the ‘Sapling Stage,’ representing funding rounds at revenue levels between $500,000 and $1.5 million." - Travis Connors, Building Ventures 📍 "The surge in proptech investment in 2024 reflects the industry's readiness to embrace innovation at an unprecedented scale. Technologies like artificial intelligence, automation, and alternative finance are no longer peripheral; they’re central to solving real estate’s most pressing challenges." - Ashkán Z. CRETI · Center for Real Estate Technology & Innovation ↳ Read the 2024 Proptech Venture Capital Report at https://lnkd.in/g9vSiwxJ ↳ Subscribe to Weekly Proptech at creti.org/subscribe #proptech #constructiontech #contech #fintech #cretech #realestatetech #insurtech #venturecapital #innovation #fundraising #startups

This week in proptech $45 million was invested across 7 companies at a median funding amount of $10.5 million. Notable deals include Makasí’s $19 million debt financing round and Series A rounds for Next Sense ($12.1 million) and Wood_Space ($10.5 million). Early-stage funding trends emphasize the growing demand for innovative property management tools and sustainable building solutions. The funding activity reflects a proptech ecosystem increasingly focused on addressing global challenges through technology and sustainability initiatives. In this week’s analysis, we explore: 📍 The dominance of Series A and debt financing, as seen in major rounds like Makasí’s and Next Sense’s, and what it means for proptech growth. 📍 The critical role of sustainability in proptech, with investments in climate-neutral building and modular construction companies like Wood_Space. 📍 How regional diversification, particularly in emerging markets like Brazil and Australia, is shaping the proptech landscape. ↳ Read more at https://lnkd.in/dvU74inm ↳ Subscribe to Weekly Proptech at creti.org/subscribe 🏷️ #proptech #realestatetech #constructiontech #fintech #cretech #venturecapital #fundraising #innovation #startups

Last Week in Proptech: → $34.3 million was invested across 7 companies at a median funding amount of $3.3 million ↳Funding led by Wrightwell ($300 million, debt financing) and S.MPLE by SERHANT. ($45 million, Venture ) → Seed/Pre-Seed rounds represented 57% of deal volume and 23% of dollar volume, with notable investments in companies like Tewke ($3.3 million, Seed) and GetMyHome.ai ($1.5 million, Pre-Seed). → Proptech companies raised $531 million across 41 deals in November 2024 Read newsletter here: https://lnkd.in/gjhXWwx6 Subscribe to Weekly Proptech here: https://lnkd.in/gYrYjbxe #proptech #cretech #fintech #contech #realestate #vc #venturecapital #innovation #fundraising

Proptech startups raised $531 million across 41 deals in November 2024, with a median funding amount of $5.4 million. The month was defined by major investments in construction technology, a growing emphasis on emerging markets, and the increasing role of sustainability-focused solutions. In this week's analysis, we explore: 📍 The dominance of construction tech, led by Constrafor’s $264 million venture/debt round and Outbuild’s $11 million Series A funding. 📍 The rise of proptech in emerging markets, with $92 million raised by startups in India, Brazil, and Mexico addressing housing deficits and financial inclusion. 📍 The sustained focus on sustainability, as companies like Ocean.io and Makasí drive eco-conscious innovation in construction and modular housing. November’s funding activity reflects a maturing sector prioritizing efficiency, regional adaptation, and environmental responsibility, setting the stage for significant proptech advancements in 2025. Read more and download data: https://lnkd.in/geEHu4YV #proptech #realestatetech #contech #construciontech #startups #fundraising #venturecapital

As the year wraps up, venture capital investment in proptech takes a notable slowdown, leaving founders and industry stakeholders asking: why? December isn't just about holiday cheer—it's a time when the industry hits pause to regroup, plan, and prepare for the next cycle. Here’s why the dip happens: 1️⃣ Year-End Budget Exhaustion By Q4, many VC firms have allocated their funds for the year, focusing on closing deals initiated earlier. This leaves little room for new investments as budgets dry up and attention shifts to portfolio management. 2️⃣ Strategic Planning Over Deal-Making VCs use December to assess portfolio performance, recalibrate strategies, and plan allocations for the upcoming year. Founders, in turn, focus on crafting compelling pitches for January when fundraising traditionally picks up. 3️⃣ Seasonal Distractions With decision-makers out of office and the holiday season in full swing, the slowdown isn’t just financial—schedules, travel, and festivities all play a role. The result? Fewer meetings, pitches, and funding announcements. What This Means for Proptech Founders Don’t be discouraged. Use December to refine your pitch, strengthen your data, and build relationships with VCs gearing up for a fresh start in January. This is the time to prepare for when the floodgates of funding open again in Q1. #proptech #realestatetech #cretech #contech #constructiontech #venturecapital #startups #innovation #fundraising

ServiceTitan’s IPO: A Milestone for the Trades and Tech Markets Nima Wedlake, venture capital investor at Thomvest and CRETI · Center for Real Estate Technology & Innovation Venture Board member, recently shared insights into ServiceTitan’s upcoming IPO, planned for early 2025. This landmark event highlights the transformation of the $1.5 trillion trades industry and signals renewed momentum in tech IPO activity. As one of the leading SaaS platforms for trade professionals, ServiceTitan’s public debut is not only a testament to its growth but also a key indicator of market confidence. With over 750 high-quality tech companies poised to go public in 2025, according to J.P. Morgan’s Madhu Namburi, ServiceTitan’s IPO sets a high bar for what investors can expect in the year ahead. Read Analysis at https://lnkd.in/g-rxyfWQ #proptech #ipo #privateequity #realestatetech #ServiceTitan

Makasí, a Brazilian-based company innovating in the housing finance and construction sector, has raised $20 million in a private equity round led by RBR Asset Management. Founded in 2022 by Caio Bonatto, fabiane pellegrino 🏳️🌈, and Lucas Maceno, the company offers an integrated platform for designing, financing, and building homes. Read more about the round: https://lnkd.in/gUBgW_C9 #proptech #proptechlatam #venturecapital #innovation #startups #fundraising

Join us at the CRETI · Center for Real Estate Technology & Innovation Centure Summit, a private and closed door event for today's leading proptech investors. Join leading proptech investors Nima Wedlake of Thomvest , Aaron Ru of RET Ventures, Travis Connors of Building Ventures, Lynette Keyowski of Second Century Ventures and more at this exclusive event for investors. Register at https://lnkd.in/g7EwDffb #proptech #realestatetech #venturecapital #cretech #contech #constructiontech #fundraising