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| Crunchbase |
In 2021, a bewildering amount of investment was lapped up by property technology startups globally - a total of over USD21 billion per industry data.
And 2022 Is Going To Be No Different
Going into 2022:
📎 More investments are going to continue in the construction and rental management space, a continuation of the 2021 trend, and
📎 More consolidation is expected in proptech as companies mature and look at exits.
Follow The Money
With the pandemic changing almost everything globally, and real estate offering stable and high yields in a low interest rate scenario, institutions are falling in love with property again.
And naturally, where the investment goes, technology must follow.
Rental Management Tech
With the latest breed of tech savvy and DIY renters across the globe, virtual property walkthroughs, showings and even digital keys to enable do-it-yourself property visits are becoming mainstream.
The lockdowns accelerated the normalization of virtual tours and transactions, and now there’s a compelling opportunity to invest in technology that appeals to the Gen Z renter.
Construction Tech
Per JLL, in construction tech generally, there’s a new wave of companies cropping up that want to combine design, offsite construction and new materials, and those sorts of companies will likely be “key areas for investment” in 2022.