Deloitte - The Path Ahead - Navigating Financial Services Sector Performance Post-COVID-19

U.S. proptech funding will likely fall this year to its lowest level since 2016, but should rebound in 2021, a new forecast indicates.

Based on analysis of Venture Scanner data, a report from the Deloitte Center for Financial Services predicts 2020 proptech funding could decline to $7.3 – $8.3 billion. The final tally depends on the speed of the U.S. recovery from the coronavirus pandemic, the report’s authors say.

It would be the lowest total for U.S. proptech funding since 2016, when the sector raised $4.9 billion. Last year, the sector raised a record-setting $15.5 billion.