The place high VCs are investing in actual property and proptech (Half 1 of two) – TechCrunch

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The multi-trillion greenback world actual property market is getting flipped on its head.

Enterprise mannequin innovation, knowledge accessibility and the proliferation of cellular, SaaS and different cloud-native software program have already given rise to a cohort of tech unicorns that sit amongst the world’s most influential actual property corporations. Rising applied sciences and rising capabilities throughout machine studying, 5G, IoT and extra — coupled with fast-moving rules and dramatic value construction adjustments — have opened up alternatives for the following wave of innovation throughout a large set of multi-billion greenback actual property verticals and sub-verticals.

And regardless of WeWork’s implosion garnering numerous headlines in the true property and know-how worlds, enterprise {dollars} are persevering with to spill into actual property tech (or proptech) corporations at a quickly rising fee. Simply upwards of $16 billion in enterprise capital has flowed into actual estate-related startups in 2019 alone, in line with knowledge from Crunchbase and Pitchbook, with main fundraises occurring throughout industrial, industrial, residential, and monetary classes.

If we comply with the cash, it’s clear that extra and…



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