This Week in Proptech - December 3, 2021
This month in proptech, $3.5 billion was invested in real estate technology across 105 companies at a median funding amount of $5.9 million. Series C & Greater funding rounds accounted for 39% of total dollar volume, while Venture Debt accounted for 40%. Investments ranged across a range of sectors including residential home equity, commercial real estate, office, multifamily, material technology, and mortgage solutions.
PROPTECH Venture Capital Index by CRETI
Notable PROPTech Rounds IN NOVEMBER 2021
On November 19, 2021, Up&Up raised a $275 million round led by Khosla Ventures with investments from Goldman Sachs, Founders Fund, L2 Point, and Rialto Capital Management.
On November 23, 2021, NoBroker raised a $212 million Series E round from Tiger Global Management, General Atlantic, and Moore Strategic Ventures.
On November 30, 2021, Lessen raised a $170 million Series B round led by Fifth Wall with investments from Navitas Capital, Khosla Ventures, and General Catalyst.Blueground | USA | $180 Million | www.theblueground.com
Blueground is a pre-furnished apartment rental startup focused on short-term and long-term rentals.
