Technology is transforming nearly every aspect of commercial and residential real estate. We've identified 130+ companies that are revolutionizing the way we buy, sell, rent, manage, and invest in real estate.
Both deals and dollars in the real estate tech industry saw a slight drop in 2020.
Equity funding to the space came in at $8B, a 10% decline year-over-year (YoY), while deals fell 17% to 446. Real estate tech companies raised $2.8B in Q1’21, marking a 27% drop YoY.
Despite dampened funding, 2021 has already seen several high-profile SPAC and IPO announcements, including Hippo Insurance’s $5B SPAC merger, Compass’ $10B IPO, States Title (now Doma)’s $3B SPAC merger, Offerpad’s $3B SPAC merger, and Matterport’s $2.3B SPAC merger.
The mortgage tech category, in particular, has drawn strong funding so far in 2021, following a slow 2020. Mortgage tech companies Better.com, Valon, Blend, Roostify, SimpleNexus, and UpEquity have all raised funding rounds this year.
Using CB Insights’ Real Estate Tech Collection, we surfaced 130+ private tech companies that are digitizing and streamlining real estate in the US.
This market map consists of private, active companies only and is not meant to be exhaustive of the space. Categories are not mutually exclusive, and companies are mapped according to primary use case.
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