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Real Estate TechnologyStartup Landscape Trends and Insights
March, 2017
Real estate technology report outline
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This report provides an overview of the real estate technology sector and is broken down into three sections
Sector Description
High-level sector metrics with sub-category
definitions
Trends & Insights
Infographics and data points for the real estate
technology sector
Quarterly Activity
Major funding and exit events from the previous
90 days
Venture Scanner reports are built by analysts utilizing our startup database and landscaping platform
Real Estate Technology Sector Description
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Real estate tech startups are creating new businesses in 12 categories
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Real Estate Technology
Learn about our full 1371 company report with $34B in funding
IoT Home Home Services Home/Prop Insurance Long-Term Rent/Sale Real Estate Agent Tools
Facility Management Portfolio Management
Indoor Mapping Construction Mgmt Short-Term Rent/Vacacy Commercial Search Property Management
The graphic above shows a sampling of companies in each category, stats as of March 2017
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Innovation quadrant for real estate technology
AVERAGE FUNDING ($M)
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ESTABLISHED HEAVYWEIGHTS
PIONEERS DISRUPTORS
This quadrant shows a relative segmentation of the categories with respect to one another, March 2017
Home Insurance
Short-TermSearch
CommercialSearch
ConstructionManagement
FacilityManagement
IoT Home
PortfolioManagement
PropertyManagement
Long-Term Search
Home ServicesIndoorMapping
Agent Tools
Real estate technology startups play in many different categories (1 of 2)
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Commercial Real Estate Search55 Startups, $5.6B Total FundingCompanies that help businesses find commercial real estate for rent or sale, including shared working spaces
Facility Management 116 Startups, $2.8B Total FundingCompanies that focus on building efficiency and long term sustainability, including building inspections and energy usage monitoring
Indoor Mapping34 Startups, $201M Total FundingCompanies that create indoor models for the real estate industry, including 3D renderings and visualization platforms
Construction Management 120 Startups, $60 Total FundingCompanies that help teams manage the construction of new buildings, including blueprint management and geo-fencing tools
Home Services 135 Startups, $2.7B Total FundingCompanies that support tenants and homeowners in the use of their home, including cleaning and postal services
Internet of Things (IoT) Home263 Startups, $3.7B Total FundingCompanies that make devices focused on connecting home products to the internet for security and automation purposes
Category stats as of March 2017
Real estate technology startups play in many different categories (2 of 2)
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Life, Home, and P&C Insurance 101 Startups, $6.8B Total FundingCompanies that offer life, home, and property insurance, covering the user against events such as home fires and property theft
Portfolio Management 181 Startups, $1.3B Total FundingCompanies that allow real estate investors to make and manage investment decisions into the space, including REITs and crowdfunding
Real Estate Agent Tools 63 Startups, $552M Total FundingCompanies that help streamline and optimize functions performed by real estate agents, such as marketing tools and review platforms
Long-Term Rental and Sales Search141 Startups, $3.8B Total FundingCompanies that help consumers buy, rent, or sell a home or apartment, either through a marketplace or with optimization tools
Property Management 133 Startups, $843M Total FundingCompanies that help in the day-to-day operations of real estate rentals, including rent payment services and communication tools
Short-Term Rental and Vacation Search87 Startups, $5.6B Total FundingCompanies that help consumers find residences for short-term needs or vacation purposes, including the sharing economy
Category stats as of March 2017
Real Estate TechnologySector Trends & Insights
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Investing into real estate technology happens in a variety of categories
Real estate search categories account for 42% of venture funding and 20% of total companies in the real estate technology sector
Venture Investing in Real Estate Technology
Companies are categorized by function, and therefore can exist in multiple categories. March 2017
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VC Funding Count
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VC funding into real estate technology has been growing
Overall real estate technology VC funding grew at a CAGR of 53% from 2011-2016
Real Estate Technology Funding Over Time
Data as of March 2017
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Real estate technology startups tend to be younger
Real Estate Technology Startups By Year Founded
Around 68% of real estate technology startups have been founded since 2011
Data as of March 2017
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Real estate technology startups founded in 2010 lead in VC funding
Startups founded in 2010 account for 26% of the sector funding over the last decade, and include companies like WeWork, Money360, and Nest Labs
Real Estate Technology Funding By Vintage Year
Data as of March 2017
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Real estate technology startups are a global phenomenon
Real Estate Technology Startup Count by Country
0 800Companies
Data as of March 2017
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Top VC investors are making bets into the real estate technology sector
Selected Investor Activity in Real Estate Technology
The above count represents a subset of overall investor activity, March 2017
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Number of Investments Number of Companies Backed
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Real estate technology exit activity has been dominated by acquisitions
Exit events within real estate technology grew by 118% between 2011 and 2016
Real Estate Technology M&A and IPO Events
Data as of March 2017
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Real Estate TechnologyQuarterly Notable Events
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Recent real estate technology funding statistics
There have been 91 real estate technology funding events since Nov 2016
Recent Real Estate Technology Funding Round Counts
Graph shows only the funding types listed therein, March 2017
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Seed Series A Series B Series C Series D Late Stage
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Recent real estate technology funding events
Notable Recent Real Estate Technology Funding Events
Company Funding Type Amount Date
Private Equity $2,000,000,000 Feb 26, 2017
Series D $210,000,000 Dec 1, 2016
Series D $109,000,000 Jan 25, 2017
Series D $100,000,000 Feb 7, 2017
Series B $58,250,000 Jan 18, 2017
Real estate tech startups raised $4.4 billion since Nov 2016
Data as of March 2017
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Notable recent real estate technology exit events
Notable Recent Real Estate Technology Acquisitions
Company Acquirer Amount Date
$3,000,000,000 Dec 5, 2016
$200,000,000 Feb 10, 2016
$75,000,000 Jan 24, 2017
$650,000,000 Jan 17, 2017
$120,000,000 Feb 8, 2017
There have been 16 exit events since Nov 2016, including 14 acquisitions and 2 IPOs
Data as of March 2017
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