Bridge Investment Group expands into proptech

Bridge Investment Group Holdings has launched its newest strategy, Bridge Ventures, and the hiring of Jeremy Ford as CIO of Bridge Ventures.

While the real estate industry has increased its adoption of technology solutions in the post-pandemic era, U.S. investment and innovation in the sector still lag that of other industries (e.g., financial services, healthcare and education) as a percent of its share of U.S. GDP. The growth of ecommerce, remote workplaces, ESG adoption and the digitalization of real estate all contribute to this increased adoption as the proptech market evolves. Bridge Ventures will focus on both early- and later-stage proptech companies and expects to pursue investments in industry-leading proptech funds.

“We are extremely well-positioned to leverage our platform and extensive industry relationships to access and invest in proptech companies and utilize their solutions,” said Ford. “We see tremendous opportunities to deploy and scale new tec