2021 REAL ESTATE TECHNOLOGY VENTURE CAPITAL REPORT
"Proptech is now a household name in both the public and private equity markets. The cat's out of the bag. The industry is truly global and adoption is accelerating very quickly. We have definitely experienced some choppiness in the public equity markets as the sector reaches a maturation point and analysts realize that not all businesses within the proptech sector should be valued the same way." — Zach Aarons, Co-Founder, and General Partner at Metaprop.
“Following a year of uncertainty the venture capital and real estate tech entrepreneur market is back in a meaningful way. The continued growth of the sector has seen new investors across multiple stages enter the market, including private equity groups and institutional organizations." — Ashkán Zandieh, Chair at the Center for Real Estate Technology & Innovation.
“As of late November, more than $9.5 billion had been invested into proptech. This record-breaking flow of capital into the category demonstrates that the real estate industry is embracing and deploying technology, and proptech is no longer a niche investment area. Similarly, the real estate industry needs to invest $18 - $36 trillion into climate tech over the next 20 years, calling for more innovation and entrepreneurship-focused on decarbonization. In 2022, we anticipate an increase in capital flow into climate tech for real estate,” said Brad Griewe, Co-Founder and Managing Partner, Fifth Wall.