VCs To Proptech Firms: Shut Up And Take My Money

Rupixen

Property technology (proptech) seems to have put the pandemic behind it already, going by the amount of investment the sector has vacuumed in through 2021. 

Over Pre Pandemic Levels Now

Per this venture funding report, VCs invested USD32 billion in proptech firms in 2021 - a 28% increase in funding over 2020 and a 3.23% increase when compared to 2019. 

Dragging and dropping inflation, supply chain issues, and the Delta-Omicron tag team into the recycle bin, proptech has emerged as a compelling investment opportunity for venture capitalists this year. 

Investment Trends

Proptech startups in the residential segment claimed the lion’s share of investment in 2021, with 49%, while multifamily came in second with a 29% share. 

On the stage side of things, 36% of the total USD32 billion invested went to firms with Series D funding or greater, and 31% went to Series C rounds. 

In One Sip...

Right through 2021, funding continued to gather momentum, while also showing signs of evolution as VC investments skewed away from the early-stage to the mid- and late-stage proptech firms. 

Industry watchers feel that 2022 will likely mark another record year for VC investments into real estate technology.