This Week in Proptech - March 26, 2021

Written By CRETI

This week in proptech witnessed the highest surge in dollar volume in 2021. Mid and late-stage deals across a variety of sectors represented approximately 98% of dollar volume and 90% of deal volume. Approximately $1.48 billion was invested across 17 companies. The weekly median dollar amount increased by approximately 10% to $385 million.

Month to date, approximately $2.066 billion was invested across commercial, residential, construction, retail, and industrial real estate tech companies. Geographically, Americas-based startups, North and South America, received the lion's share of capital and headlines.

This week's notable rounds include Pacaso with a $75 million Series B from Greycroft, GFC, American Title, Acrew Capital, and 2 other investors, and a $1 billion debt round from First Republic Bank and Fortress Investment Group, Side with a $150 million Series D from Trinity Ventures, Sapphire Ventures, Matrix Partners, and Coatue, and Loft with a $425 million Series D from Fifthwall, Zigg Capital, Tiger Global Management, and 14 other investors.

Proptech Venture Capital
CRETI https://cretiventures.com
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This Week in Proptech - March 19, 2021