Real Estate Tech Investors Are Scrambling For A Piece Of The Industry’s Multitrillion-Dollar Pie
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Venture capitalists are flocking to real estate tech companies across the globe in search of the next WeWork or Airbnb, but it is not just the startups that are winning.
Last year, both commercial and residential real estate tech companies raised record funds, with investors pouring $2.6B into tech startups through 235 deals worldwide, according to CBInsights research. Major deals such as Homelinks’ $926M Series B fundraiser and OpenDoor Labs' $210M Series D fundraiser pushed the envelope, boosting VC’s real estate tech investment by 40% in 2016 from the previous year.
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Source : Real Estate Tech Investors Are Scrambling For A Piece Of The Industry's Multitrillion-Dollar Pie