This Week in Proptech - August 13, 2021
This week in proptech, $171 million was invested in real estate technology companies. Globally, 15 companies announced funding rounds at a median of $5.1 million. Investments in real estate tech ranged across a handful of sectors, including construction, industrial, logistics, and residential.
Notable Rounds
On August 12, 2021, Agora raised a $33.3 million Series B led by Tiger Global Management with investments from Tishman Speyer, Suffolk Construction, Nine Four Ventures, DST Global, LeFrak, 8VC, Michael Ovitz, Kevin Hartz, and Jerry Yang.
On August 6, 2021, Nuki raised a $23.5 million venture round from Cipio Partners, Fortuna Group, Up to Eleven Digital Solutions, and Venta Group.
On August 11, 2021, Buildforce raised a $4 million Seed round led by TDF Ventures with investments from Mercury Fund and S3 Ventures.
Driving Headlines in Proptech
NEWS - REAL ESTATE TECH
Social Construct falls as pandemic turns world anti-socialFUNDING - REAL ESTATE TECH
RentCheck raises $2.6M in seed funding to help renters get their security deposits backFUNDING - CRE TECH
Coming to America: Parisian PropTech WeMaintain Raises €30m and Eyes the USNEWS - REAL ESTATE TECH
From VC To RE: Follow Venture Capital And Spot The Real Estate Boom Coming To These Three CitiesFUNDING - REAL ESTATE TECH
Austria’s Nuki wants to replace physical keys with smartphones; raises €20M and plans to hire 100+ peopleNEWS - CRE TECH
JLL Moves to Acquire Artificial Intelligence Startup Skyline AIFUNDING - CONSTRUCTION TECH
Construction tech company Buildforce nabs $4M for product development, go-to-market effortsFUNDING - CONSTRUCTION TECH
BLDUP Raises $2M in Pre-Seed Funding RoundFUNDING - CONSTRUCTION TECH
A Bethesda company making non-flammable, eco-friendly insulation raised a $1M seed roundNEWS - CRE TECH
Review: WeWork’s debacle had many enablers
