Top 5 Largest Proptech Venture Rounds in 2021
New York, NY — The Center for Real Estate Technology & Innovation (creti.org), the real estate technology industry’s think tank and venture network announced the top five largest venture capital funding rounds in private real estate technology companies. This year's companies have raised in excess of $3.0 Billion in total funding in 2021. Investments ranged across multiple financial instruments, including venture, debt, and secondary market transactions. Post money valuation for many of this year's companies ranged between $1 Billion to $10 Billion. Subscribe to Weekly Proptech by CRETI for more information like this.
Divvy | Residential | Acquisitions | Rent to Own
Divvy is a San Francisco-based tech-enabled real estate platform that facilitates rent-to-own home purchases. The company has raised a total of $1.2 Billion in funding over 7 rounds, including $1.045 Billion in 2021. Their latest funding was raised on October 12, 2021, via a $735 Million Debt Financing round.
Divvy is funded by 15 investors, including Andreessen Horowitz and Tiger Global Management.
Entrata | Multifamily | Property Management | Software
Entrata is a Lehi, Utah-based property management software for the multifamily industry. The company has raised a total of $507 Million in funding over 1 round via a Private Equity round raised on Jul 7, 2021.
Entrata is funded by 5 investors including Silver Lake and Dragoneer Investment Group.
Better.com | Residential | Debt Services | Mortgage
Better.com is a New York-based online mortgage origination company. The company has raised a total of $905 Million in funding over 9 rounds. Their latest funding was raised a $500 Million round on April 8, 2021, via a Secondary Market round.
Better.com is funded by 25 investors, including SoftBank Vision Fund and Ariane Capital.
ServiceTitans | Residential | Home Services | CRM
ServiceTitan is a Glendale, California-based service management software for home services businesses. The company has raised a total of $1.1 Billion in funding over 8 rounds, including a $500 Million via Series F round on March 26, 2021. Their latest funding was raised on June 30, 2021, via a $200 Million Series G round.
ServiceTitan is funded by 16 investors, including Sequoia Capital Global Equities and Battery Ventures.
ManoMano | Residential | Home Services | Marketplace
ManoMano is a Paris, France-based online marketplace for DIY, home improvement, and gardening products.
The company has raised a total of $705.5 Million in funding over 6 rounds. Their latest funding was raised on July 5, 2021 via a $355 Million Series F round.
ManoMano is funded by 11 investors, including Aglaé Ventures and General Atlantic.
About CRETI
The Center for Real Estate Technology & Innovation is a non-bias think tank in real estate technology. We provide non-bias and metric-based insights on real estate technology and venture capital for technology investors, entrepreneurs, professionals in the greater real estate industry.
