This Week in Proptech - October 1, 2021

This week in proptech, $487 million was invested in real estate technology companies. Globally, 18 companies announced funding rounds at a median of $10 million. Investments ranged across a variety of sectors, including construction, insurance, residential, sustainability, and commercial.

Notable Rounds

• On September 30, 2021, Built Technologies raised a $125 million Series D round led by TCV, with investments from Brookfield Technology Partners, 9Yards Capital, XYZ Venture Capital, and HighSage Ventures.
  

• On September 25, 2021, SageSure Insurance raised a $125 million Debt Financing round led by Citizens Bank with investments from ING Group, East West Bank, and BMO Harris Bank.
  

• On September 30, 2021, Schüttflix raised a $50 million venture round led by Draper Esprit with investments from HV Capital, Speedinvest, Strabag, Christian Hülsewig, and Thomas Hagedorn.

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Driving Headlines in Proptech

• FUNDING - CONSTRUCTION TECH 
  Schüttflix raises USD 50 million in additional financing and prepares to go international
  

• NEWS - CRE TECH
  How Seat-Tracking Proptech Aids Office Owners and Tenants
  

• FUNDING - CONSTRUCTION TECH
  Built Technologies Announces $125M Series D Financing Round Led by New Investor TCV
  

• FUNDING - REAL ESTATE TECH
  Nomad Homes raises $20M to create a personalized house hunting platform for Europe, Middle East
  

• FUNDING - MULTIFAMILY TECH
  Smart building app Witco launches in the UK with $14M funding
  

• NEWS - CRE TECH
  Five Factors That Still Drive Proptech After A Decade Of Explosive Growth