Unveiling the Dynamics of Proptech Venture Capital The real estate technology (proptech) sector has witnessed dynamic shifts in venture capital investment patterns. An analysis of 100 venture capital investors uncovers critical trends that are shaping the future of the proptech industry.  Diversified Investment Areas Investments are notably diversified across commercial, residential, and construction technology sectors. Commercial real estate tech garners the largest share, attracting 60% of investors and signaling a robust interest in innovations aimed at enhancing the functi ..read more

Q1 2024 witnessed a significant shift in the proptech venture capital landscape, with total investments reaching $1.491 billion. This figure represents a 12.4% decrease from Q1 2023's $1.703 billion and a substantial contraction from Q1 2022's peak of $7.444 billion, signaling a recalibration in the sector's investment trajectory. Trend 1: Investment Volume and Market Trends The year-over-year decline in investment marks a cooling phase for the proptech sector. Compared to the sharp rise in previous years, the 80% drop from Q1 2022's investment high points to a market undergoing adjustment, l ..read more

Senior-level hiring continues to surge as new employment opportunities continue to decline in February 2024. Trend 1: Shift Towards Senior Leadership Hiring: A large portion of new hires across all regions are for senior roles, with Director and Executive positions constituting over 80% in the EMEA, approximately 82% in AMER, and 71% in APAC. This highlights a strategic emphasis on leadership and experience over entry-level or internship positions. Trend 2: Regional Variability in Entry-Level Hiring: The APAC region shows a distinct approach by allocating a significantly higher per ..read more

Alex Lofton (Co-Founder & Managing Partner, Landed), Robert Reffkin (Co-Founder & CEO, Compass), Wemimo Abbey (Co-Founder & CEO, Esusu) The proptech industry has seen a meaningful influx of venture capital investment, particularly in ventures founded by Black and Brown entrepreneurs. Since 2016, these firms have collectively raised $717 million in funding, highlighting an increasing recognition and support for diversity within the real estate technology sector. Investment Trends Investment dynamics have fluctuated, peaking in 2022 with $152 million and $115 million in 2021. D ..read more

January's labor market statistics have revealed pivotal trends in the proptech employment sector. As venture capital continues to flow into real estate technology companies, the demand for talent in this domain is concurrently evolving, reflected in the recruitment patterns across global and regional markets. Trend 1: The Hybrid/Remote Workforce Data indicates a substantial inclination toward hybrid and remote roles. Out of 615 global proptech job postings, 314 were for hybrid/remote positions. In the USA, this trend is even more pronounced, with nearly 62% of the new roles favoring this mod ..read more

? Image Credit: Ryan Serhant, Inman Connect New York Inman Connect New York, a pivotal event for real estate agents and REALTORS has wrapped up, leaving industry professionals abuzz with its innovative insights and transformative ideas. This year's conference highlighted themes such as the unexpected benefits of high mortgage rates, the nuanced role of AI in real estate marketing, innovative solutions to America's housing shortage, the industry's trend-chasing dilemma, and the evolving dynamics of online real estate portals. Here are the top five takeaways that are reshaping the real estate l ..read more

The proptech industry globally saw the addition of 17,317 new jobs in 2023.  Hybrid and remote roles made up 7,083 of the total jobs added globally in 2023. Globally, 59% of all new jobs in 2023 were Onsite/In-Person. Adapting to a Shifting Global Landscape: In 2023, the proptech industry globally added 17,317 new jobs, marking a 6.56% decrease from the 18,533 jobs added in 2022. This slight decline suggests a phase of consolidation in the proptech job market, led by high inflation and macroeconomic headwinds throughout the year. Despite the decrease, the sustained addition of ma ..read more

As we bid adieu to a dynamic 2023 and welcome the opportunities of 2024, it's imperative to reflect on the strides made by the Center for Real Estate Technology & Innovation (CRETI). This year has been a testament to our unwavering commitment to revolutionizing the real estate technology landscape, and as we stand on the cusp of a new year, the future looks brighter than ever. 2023: A Year of Expansion and Innovation CRETI's journey in 2023 was marked by significant growth and pioneering initiatives. Our community expanded impressively from 31,000 to nearly 33,000 readers and subscribers ..read more

? Photo Credit: LinkedIn | Charu Thomas (left), Minna Song (middle), Jennifer Bronzo (right) In a transformative year in proptech, a cohort of women-led firms, including Metropolis, EliseAI, Doorstead, Dwellsy, Ox, among others, have collectively secured a staggering sum exceeding $1.5 billion in funding in 2023. This amount is a substantial fraction of the total $11.38 billion invested in the proptech industry during the same period. This trend underscores a significant shift in the mindset of investors, who increasingly recognize and support diversity, inclusion, and strong leadership withi ..read more

The Center for Real Estate Technology & Innovation (CRETI) is excited to announce the addition of Ajey Kaushal to its Venture Board. As a venture capital investor at JLL Spark, Ajey's deep involvement in early-stage proptech investments and his comprehensive industry experience align perfectly with the strategic direction of CRETI. Ajey's role at JLL Spark, centered on investing in innovative businesses that synergize with JLL's core operations, showcases his ability to recognize and nurture potential in the proptech sector. His expertise, derived from varied roles in strategy, tech inve ..read more