This Week in Proptech - May 14, 2021

This week in proptech, approximately $300 million (-42.4%) was invested in real estate technology companies. Globally, 25 companies announced funding rounds at a median of $5.751 million. Investments ranged across a variety of sectors including multifamily, industrial, residential, and construction.

Notable Rounds

On May 12, 2021, Cohabs, a Brussels-based multifamily housing marketplace for travels, announced a $70 million venture and debt round that included investments made by AG Real Estate, Finance.Brussels, Federale, and Alphastone. May 12, 2021, Cortex, a Washington DC-based building analytics platform, announced a $6 million Series A round, led by 4490 Ventures. On May 11, 2021, Plunk, a Bellevue, Washington-based home renovation valuation company, announced a $6.5 million Seed round lead by Unlock Venture Partners that included Second Century Ventures, Vectr, Sony Innovation Fund, and Plug and Play.

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Driving Headlines in Proptech

• FUNDING - CONSTRUCTION - ESG TECH
  Sustainable Construction Products Company Pretred Announces $3 Million Investment
  

• FUNDING - CRE TECH
  AnthemIQ Closes $10 Million in Series A Financing to Expand Transformative Technology Software for the Commercial Real Estate Transaction
  

• NEW - VENTURE CAPITAL
  Antler closes its first Nordic fund at €29.6M; looks to back startups in Sweden, Norway, Denmark
  

• FUNDING - ESG TECH
  Transcend Raises 10M to Accelerate Sustainable Design in Water & Infrastructure Engineering
  

• FUNDING - REAL ESTATE TECH
  Boston’s Aryeo Raises $3.65M Seed Round
  

• FUNDING - REAL ESTATE TECH
  How will that remodel help boost your home value? Seattle startup Plunk raises $6.5M to find out
  

• FUNDING - REAL ESTATE TECH
  Brussels-based network of out-of-this-world coliving spaces, Cohabs, raises €58 million in Series B round
  

• NEWS - CONSTRUCTION TECH
  Procore IPO could raise $616M, result in $8.3B valuation