The number of real estate technology startups has increased 300 percent over the past decade, seizing the opportunity to address the industry’s biggest challenges through technology. Data released by JLL suggests that opportunity continues to abound in the sector’s startup landscape, with more than $9.7 billion of funding activity in the first half of 2021, the most active first half on record. Additionally, the market shows signs of maturation as funding begins to shift toward established players and increasing consolidation drives the emergence of industry leaders.
“While real estate technology adoption was on the rise before the COVID-19 pandemic, it has become essential for today’s leading real estate players, buildings and spaces,” said Ben Breslau, chief resear