- Proptech companies have been already scorching, however the pandemic lured extra VCs to spend money on them than ever earlier than.
- Actual property and development tech instruments grew to become important to many companies as soon as they went distant.
- These pitch decks reveal how 25 totally different startups pitched their visions and merchandise to traders.
- See extra tales on Insider’s enterprise web page.
The true property and development industries are present process a significant tech transformation, as startups touting all the things from on-line home-buying to interactive workplace administration software program entice tens of millions of {dollars} in enterprise funding.
Whereas the property know-how area, referred to as proptech, grew in dimension and {dollars} raised 12 months over 12 months, it has exploded in the course of the pandemic. Stragglers who hadn’t but adopted digital workflows have been pressured to, and enterprise capitalists have been pouring cash into the companies providing compelling new merchandise in residential actual property, business actual property, development tech, and short-term leases and hospitality.
Insider has collected 25 pitch decks that essentially the most profitable companies have used to lift funding from VCs and personal fairness companies.
Take a look at the total assortment under. And bookmark this web page, as a result of we are going to proceed to replace it with new pitch decks.
Residential actual property
Doorvest
Residential actual property, greater than some other section of the market, has been on hearth in the course of the pandemic, with dwelling costs and rents in virtually each nook of the nation skyrocketing. Enterprise funding into the tech that powers the trade — and helps take it on-line and streamline previously tedious processes — has adopted. Startups that assist traders buy and handle houses from afar, instruments for residential brokers and leasing brokers, and digital closing corporations that digitize paper-heavy actual property transactions have all raised spectacular sums.
Business actual property
Clockwork Analytics
Despite the fact that COVID-19 left many places of work partially crammed and retail shops vacant for months, startups that assist corporations make their areas virus-safe — by, say, conserving observe of social distancing or monitoring constructing air flow — grew to become extraordinarily essential. Corporations that promised to scale back friction (and prices) in day-to-day operations by digitizing them additionally attracted enterprise funding.
Building tech
Mosaic
The pandemic boosted conventional development corporations’ curiosity within the high-tech nook of the sector. Startups that make digital instruments to handle worksites from afar immediately grew to become indispensable, whereas the present housing scarcity introduced much more consideration to corporations which are creating methods to construct sooner and extra cheaply.
Quick-term leases and hospitality
Kasa
Early within the pandemic, hospitality companies stalled as journey halted throughout the globe. As soon as issues opened again up, short-term rental corporations with rural places or a presence in smaller cities began to see the reservations — and funding — pour in. Tech-enabled corporations rivaling Airbnb that allow versatile tourism, digital nomadism, and distant work have benefitted from the ensuing growth in journey.
