We dug into the real estate tech landscape to see which sectors are emerging and where the industry is going.
Real estate tech has developed substantially in recent years.
Previously, real estate tech companies focused on updating legacy systems for property management in commercial real estate and aggregation platforms for residential real estate. Now the space is now filled with companies tackling larger problems.
In residential real estate, newer entrants have focused on areas like mortgages, direct-home buying, and title and closing.
In the commercial sector, startups have blossomed in data, valuation, and analytics, investment crowdfunding, and energy management.
2017 saw the formation of real-estate-tech-specific venture funds, backed by major strategic LPs in residential and commercial real estate. Generalist funds are also more seriously considering investments in companies that are redefining the way real estate is managed and transacted.
Here we have mapped both the commercial and residential spaces, including early-stage companies and those that have reached later-stage maturity.