VC’s Invest $23.8 Billion In Proptech In 2020

Written By CRETI

2020 showed the resilience of the real estate tech (proptech) venture capital market through the pandemic. According to CRETI data, $23.750 billion was invested across 425 proptech companies, a 24.7% decrease in venture capital funding, globally.

Throughout the year, the capital volume of venture capital investing remained nearly on par with 2019 levels, while the pace of investing slightly decreased. Deposit a declining trendline across the greater real estate tech ecosystem, venture capital investments in real estate tech continues to be an area of opportunity for investors, especially in the new era of real estate and operations.

Some of the more notable rounds of capital include:
· REEF Technology, $700 Million, 11/3/20
· Creditas, $255 Million, 12/18/20
· Better.com, $200 Million, 11/10/20
· Kodit.io, $117 Million, 10/29/20
· LendingHome, $75 Million, 12/10/20
· Envoy Technologies, $70 Million, 11/12/20

CRETI https://cretiventures.com
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