In the recently released Year-End 2023 Global PropTech Confidence Index, we asked leading PropTech founders and investors to share the most significant changes, key challenges, and promising opportunities they foresee in the coming year. Here is what they had to say: Landon Cooley, Co-Founder and CEO, Pest Share: "The challenge ahead for founders comes back to all the basics: crystal clear vision for a high-value and impactful business, product-market fit, opportunity for scalable growth, and a pathway to profitability. With that, founders will be required to be grittier than ever to find real traction, know their metrics, and paint a clear picture of the path they are on. The next 12 months will continue to separate the 'wheat from the tares.'" Minna Song, Co-Founder and CEO, EliseAI: "The real estate sector is notably cautious when it comes to adopting new technologies, with a strong preference for established, tried-and-tested solutions... This cautious approach is part of a larger cyclical trend within the industry, where periods of excessive cost-cutting can lead to compromised property performance, followed by phases of overspending in an attempt to rectify previous cutbacks, more cost-cutting, and so on." Taehong Huh and Aaron Toppston, Managing Partners, GS Futures: "We believe 2024 will see a significant increase in the number of new investor-led Series A and B rounds for the best-performing companies. We are excited to welcome a wide range of potential leads on these rounds — particularly from the well-established generalist VC space. We believe inter-disciplinary partnerships can create strong support for founders, particularly as a company matures beyond initial product-market fit." Elizabeth Pipes, Investor, Intact Ventures "Despite having a high-quality product, I believe a lot of PropTech companies struggle to find a champion in an organization to buy, implement, and then use technology in their real estate assets. For this reason, I predict to see more PropTech companies shift towards a tech-enabled services model. For example, a construction robotics company that may face difficulties in selling their hardware product to a general contractor may shift to behave as a GC themselves." Read more in the Year-End 2023 Global PropTech Confidence Index, sponsored by PwC: https://lnkd.in/e2kiVGit #PropTech #vc #venturecapital #realestate #vcinsights #innovation
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Happy to be able to contribute to MetaProp's Global Proptech Confidence Index. Very insightful information for anyone in the space!! "The challenge ahead for founders comes back to all the basics: crystal clear vision for a high-value and impactful business, product-market fit, opportunity for scalable growth, and a pathway to profitability. With that, founders will be required to be grittier than ever to find real traction, know their metrics, and paint a clear picture of the path they are on. The next 12 months will continue to separate the 'wheat from the tares.'" Pest Share
In the recently released Year-End 2023 Global PropTech Confidence Index, we asked leading PropTech founders and investors to share the most significant changes, key challenges, and promising opportunities they foresee in the coming year. Here is what they had to say: Landon Cooley, Co-Founder and CEO, Pest Share: "The challenge ahead for founders comes back to all the basics: crystal clear vision for a high-value and impactful business, product-market fit, opportunity for scalable growth, and a pathway to profitability. With that, founders will be required to be grittier than ever to find real traction, know their metrics, and paint a clear picture of the path they are on. The next 12 months will continue to separate the 'wheat from the tares.'" Minna Song, Co-Founder and CEO, EliseAI: "The real estate sector is notably cautious when it comes to adopting new technologies, with a strong preference for established, tried-and-tested solutions... This cautious approach is part of a larger cyclical trend within the industry, where periods of excessive cost-cutting can lead to compromised property performance, followed by phases of overspending in an attempt to rectify previous cutbacks, more cost-cutting, and so on." Taehong Huh and Aaron Toppston, Managing Partners, GS Futures: "We believe 2024 will see a significant increase in the number of new investor-led Series A and B rounds for the best-performing companies. We are excited to welcome a wide range of potential leads on these rounds — particularly from the well-established generalist VC space. We believe inter-disciplinary partnerships can create strong support for founders, particularly as a company matures beyond initial product-market fit." Elizabeth Pipes, Investor, Intact Ventures "Despite having a high-quality product, I believe a lot of PropTech companies struggle to find a champion in an organization to buy, implement, and then use technology in their real estate assets. For this reason, I predict to see more PropTech companies shift towards a tech-enabled services model. For example, a construction robotics company that may face difficulties in selling their hardware product to a general contractor may shift to behave as a GC themselves." Read more in the Year-End 2023 Global PropTech Confidence Index, sponsored by PwC: https://lnkd.in/e2kiVGit #PropTech #vc #venturecapital #realestate #vcinsights #innovation
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REQUEST FOR INFORMATION: For the Commercial Observer's PropTech Insider Tues. July 9, 2024 newsletter, I'm doing a story on: Elevator PropTech -- What proptech startups are addressing elevator technology? -- How does proptech touch the planning, designing, building and maintenance of elevators? -- At what stage is elevator proptech? -- What is the demand for elevators, and in turn proptech addressing it, as multifamily and other construction sectors face supply issues? -- Are elevator proptech startups attractive to VCs? -- Other elevator proptech commentary. I would like to conduct interviews with Proptech Founders/CEOs, VCs, and proptech-focused real estate executives from Monday, July 1 from 11 am ET, through Tuesday, July 2 EOB (Hard deadline for interviews!) Please respond to prusso@commercialobserver.com Thank you. Phil Russo Special Correspondent PropTech Insider Commercial Observer +1 917 499 1447 (m)
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REQUEST FOR INFORMATION: For the Commercial Observer's PropTech Insider Tues. Dec. 17, 2024 newsletter, I'm doing a story on: PropTech Predictions for 2025: -- What's new in the new year for proptech? -- What real estate sectors will proptech most influence. -- Will there be more proptech startups than in 2024? -- More fundings? -- Will there be more M&As between proptech companies and incumbent real estate firms? -- What will crash and burn in proptech in 2025? -- What real estate needs will go unfulfilled or fall short by proptech? -- Other commentary relating to proptech predictions for 2025. I would like to conduct interviews with Proptech Founders/CEOs and VCs from Monday, Dec. 9 after noon ET, through EOB Wednesday, Dec. 11. In the alternative, written submissions of <250 words are acceptable. PLEASE RESPOND TO PRUSSO@COMMERCIALOBSERVER.COM Thank you. Phil Russo Special Correspondent PropTech Insider Commercial Observer +1 917 499 1447 (m)
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The latest Global PropTech Confidence Index, a collaborative effort between MetaProp and PwC, provides valuable insights into the trends shaping the PropTech landscape worldwide. This bi-annual publication equips investors, entrepreneurs, and real estate executives with a comprehensive understanding of the challenges and opportunities in the evolving real estate technology sector. Key highlights from the report: - 48% of investors expect increased deal flow, reflecting a sharp rise from previous periods. - Startup founders anticipate easier capital raising, with 35% expressing optimism. - Investors display a strong preference for multi-family solutions, while interest in office solutions remains low at 8%. - 21% of startups are focusing on the multi-family building segment, driven by digitalization needs and market appeal. For further insights and access to the full report, click the link below. Stay informed with the latest trends and strategies shaping the future of real estate technology. Follow Antonio Harrison, 918Homebuyer Ltd on LinkedIn and check out for cont... of the post. #HomeBuying #RealEstate #PropertyPurchase #RealEstate #RealEstateInvesting #TaxBenefits #FinancialPlanning #PropTech #RealEstate #Investing #Innovation
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This industry is at a crossroads. 👇 Bad news is, real estate and construction are responsible for handling pollution, population pressures, and ESG regulations. Those are challenges we can no longer ignore. Good news is, the solutions we need already exist - 10,000 proptech startups around Europe - they’re just waiting for the right collaboration to thrive. I founded PropTech Lab because I believe the real estate sector has untapped potential. Yet, the lack of connection between startups (solution-providers) and corporates (developers) are slowing us down. 💪 We are strongest when we come together. My dream is to bridge the gap and unlock the power of collective intelligence. To make this work, I need to learn from you. I’ve created a short VideoAsk survey to hear directly from my network about the value you’ve experienced with PropTech Lab. It’s personal and interactive—you’ll see a video from me, and you can respond in your own words. Your insights are critical. They’ll help us shape collaborations that deliver real impact. 👉 Click here to share your thoughts: https://lnkd.in/eCx-JtR5 Thank you for being part of this journey!
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Who is making a splash and a difference these days and leading on the funding board. Here is a list compiled by PropTechBuzz #innovation #proptech #contech #fintech #tech #funding #vc #venture #investors #startups #solutions #consumers
🚀 PropTechBuzz is back with the TOP funding in Proptech - August 2024 Edition! 🏢 Explore the leading Proptech companies making waves: ➡️ Thumbtack, led by CEO Marco Zappacosta, secures $75M to enhance its platform and expand its market presence. ➡️ EliseAI, co-founded by Minna Song, raises $75M in Series D funding to expand AI-powered tools and explore new markets. ➡️ Cents, led by CEO Alexander Jekowsky, secures $40M to enhance its laundry business management platform. ➡️ Butlr, led by CEO Honghao Deng, raises $38M in Series B funding to expand operations in senior care communities. ➡️ Trunk Tools, led by CEO Sarah Buchner, secures $20M in Series A funding to expand operations and development efforts. ➡️ HomeLight, led by CEO Drew Uher, secures $20M in Series D extension to develop its platform and expand operations. ➡️ Miru, led by CEO Curtis Berlinguette, raises $20M in Series A funding to advance dynamic glass roofs in North America and Europe. ➡️ Casavo, led by Giorgio Tinacci, secures €20M to propel growth and profitability by 2025. ➡️ Livly, led by Alex Samoylovich, raises $10M to enhance technology solutions for resident experiences and property management. ➡️ Market Stadium, led by CEO Dennis Lee, secures $1M in Pre-A funding to enhance its data analytics platform for real estate investors. 📈 Congratulations to these trailblazers! Stay tuned with PropTechBuzz for more updates on the latest proptech funding! #Proptech #Funding #Investment #Startups #RealEstate #ProptechBuzz #August2024 #Founders #Tech #Innovation #Contech #Fintech #Financing #Capital #SeriesA #SeriesB #FundingNews 💡✨ Are you a Proptech Pioneer too? Showcase & promote your Proptech products for free at proptechbuzz.com! Investors and proptech enthusiasts, join our platform for the latest updates and trends in the Proptech Ecosystem.
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Great companies to target for those in my network looking for a PropTech job! Many of these are hiring, but not all of them have listed the jobs on LinkedIn... Make sure to visit the websites and the Linkedin pages of the founders and check the recent activity, you will see more job opportunities that way. This trick goes for a (surprisingly) large amount of companies on LinkedIn. #proptechjobs #proptech #proptechcareer #softwaredevelopmentjobs
🚀 PropTechBuzz is back with the TOP funding in Proptech - August 2024 Edition! 🏢 Explore the leading Proptech companies making waves: ➡️ Thumbtack, led by CEO Marco Zappacosta, secures $75M to enhance its platform and expand its market presence. ➡️ EliseAI, co-founded by Minna Song, raises $75M in Series D funding to expand AI-powered tools and explore new markets. ➡️ Cents, led by CEO Alexander Jekowsky, secures $40M to enhance its laundry business management platform. ➡️ Butlr, led by CEO Honghao Deng, raises $38M in Series B funding to expand operations in senior care communities. ➡️ Trunk Tools, led by CEO Sarah Buchner, secures $20M in Series A funding to expand operations and development efforts. ➡️ HomeLight, led by CEO Drew Uher, secures $20M in Series D extension to develop its platform and expand operations. ➡️ Miru, led by CEO Curtis Berlinguette, raises $20M in Series A funding to advance dynamic glass roofs in North America and Europe. ➡️ Casavo, led by Giorgio Tinacci, secures €20M to propel growth and profitability by 2025. ➡️ Livly, led by Alex Samoylovich, raises $10M to enhance technology solutions for resident experiences and property management. ➡️ Market Stadium, led by CEO Dennis Lee, secures $1M in Pre-A funding to enhance its data analytics platform for real estate investors. 📈 Congratulations to these trailblazers! Stay tuned with PropTechBuzz for more updates on the latest proptech funding! #Proptech #Funding #Investment #Startups #RealEstate #ProptechBuzz #August2024 #Founders #Tech #Innovation #Contech #Fintech #Financing #Capital #SeriesA #SeriesB #FundingNews 💡✨ Are you a Proptech Pioneer too? Showcase & promote your Proptech products for free at proptechbuzz.com! Investors and proptech enthusiasts, join our platform for the latest updates and trends in the Proptech Ecosystem.
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Camels instead of unicorns? 🐫 🦄 In a recent comment article with immobilienmanager, I shared insights on why I believe the #proptech comeback won't mirror the past "good old times." The green transformation in real estate is reshaping structures profoundly. To seize this vast potential, startups must embody qualities of camels, not unicorns. That means prioritizing endurance, cash efficiency, and profitability over skyrocketing valuations and high burn rates. Curious to learn more about the proptech camels approach and my personal perspectives on the evolving proptech landscape? Check out the full article [link in comments]. STYX David Zwilling Erik Walkling Inger Egeland-Helgøy Josep R. Novell LL.M.
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📰 Just Released: MetaProp’s Mid-Year 2024 Global PropTech Confidence Index Sponsored by PwC and presented by REBNY (Real Estate Board of New York), and RICS, this bi-annual report highlights key trends shaping the global PropTech landscape, offering insights to investors, entrepreneurs, and real estate executives on the sector's evolving challenges and opportunities. In a recent interview with Commercial Observer, MetaProp Co-Founder and Managing Partner Aaron Block discussed the report’s findings and shared his outlook for the industry in the coming year: “There’s a lot of watchful waiting from the investment community that is neither super-bullish nor super-pent-up. In fact, it can act a bit more rosy than one might expect if you’re an outside non-venture observer, and certainly if you’re a real estate observer." On the prospect of entrepreneurial growth, Block added, “I expect it to be robust. From a new startup creation perspective, we’re seeing folks who are technologists jumping in and building companies. We’re also seeing many real estate folks peel off their legacy roles and create tech-driven solutions to problems that they know better than anybody else." Read the full interview here: https://lnkd.in/eSfTCGMY 🔗 Download the Global PropTech Confidence Index here: https://lnkd.in/e4muq_eT #PropTech #VC #venturecapital #insights #realestate #realestatetech #globalproptechconfidenceindex #GPCI
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Are you running a PropTech startup? We have a simple tip that could significantly boost your ability to attract renters. In a market where every detail counts, this insight might just be the key to setting your service apart from the competition ↓ #PropTech #StartupTips #RentalMarket
PropTech Trends with Potential
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