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August 13, 2019

Goodbye Silicon Valley: The Geography of Proptech Startups

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“It’s no secret that funding for startups is through the roof right now. As the summer months heat up, so has venture capital activity. Since June 2019, total dollar volume invested in private real estate tech companies has reached an estimated $3.6 billion, a 126.1 percent month-to-month growth in funding. Startup funding increases are happening across the board: Overall venture funding is up, and “the biggest funds continue to capture much of the upside as more capital flows into private technology company equity.” While only a small percentage of total deal volume, super giant rounds are not slowing down, “accounting for 56 percent of the total dollar volume.”

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