Real Estate - JULY 3, 2019

Proptech VC investments hit record in six months

by Andrea Zander

Venture investment in real estate tech startups hit $12.9 billion in the first half of 2019, reported data from research firm CREtech.

Globally, in May 2019, total dollar volume of venture capital investments in real estate tech companies reached a reported $1.01 billion, across 30 deals. Year-to-year, total dollar volume increased by 11 percent. Median funding amounts continue to climb, especially for companies in the Americas. Month-to-month, the median funding amount surged by 99 percent to $13 million.

And investments in private real estate tech companies continue to set new records in June. For the fourth consecutive month, dollar volume in real estate tech surpassed the billion-dollar mark. In addition, deal volume surged in June.  During the month, 43 companies received venture funding, an estimated 95.5 percent increase, month-to-month.

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.