Global VC Funding In Proptech Female Founders Increased In 2020
Global venture funding in female-founded real estate tech (proptech) companies increased by 18.3% in 2020. CRETI data shows $470 million was invested across 61 female-founded or female-led startups, globally.
Throughout the year, the pace of venture capital investing noticeably increased to record-setting heights, surpassing 2019 deal and dollar volume totals. Deposit a declining trendline across the greater real estate tech ecosystem, venture capital investments in female founded real estate tech continues to be an area of opportunity for investors.
Globally, venture-backed female real estate tech companies companies raised $470 million in 2020, a 18.3% increase from 2019. Median deal sizes decreased by approximately 25% in 2020, totaling $2.44 million.
Some of the more notable rounds of capital include:
· Veev, $85 Million, 2/28/20
· SevenRooms, $50 Million, 6/25/20
· Hello Alfred, $42 Million, 10/14/20
· REX, $25 Million, 5/20/20
· VERSATILE, $20 Million, 12/3/20