This Week in Proptech - February 26, 2021

Written By CRETI

This week in proptech, venture investors took part in one of the most active weeks since the pandemic. Approximately $688 million was invested in 22 companies spanning commercial, residential, retail, construction, and logistics.

Dollar volume in proptech venture catapulted by approximately 275.96% since last week. 15% of deals went to companies in the heavy-logistics industry, while the largest rounds came via CBRE's 35% acquisition of Industrious, valuing the eight-year-old company at approximately $600 million, and Plume's $270 million investment, valuing the company at $1.35 billion.

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CRETI https://cretiventures.com
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