VC Funding In Residential Proptech Companies Reached $10.8 Billion

Global venture funding in residential real estate tech (proptech) companies reached $10.8 billion in 2020. CRETI data shows residential real estate tech companies received 45.5% of all capital, while also receiving 61% of all deal volume, 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 residential real estate tech continues to be an area of opportunity for investors.

Some of the more notable rounds of capital include:
· ManoMano, $139 Million, 1/28/20
· Veev, $85 Million, 2/28/20
· ServiceTitans, $74 Million, 4/23/20
· O-House, $70 Million, 11/23/20
· Orchard, $69 Million, 9/10/20