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The last decade has witnessed an exponential growth in real estate tech startups. Globally, the number of startups rose from 176 in 2008 to 1,274 by 2017.&nbsp;In the same period, cumulative investments in these startups soared from $2.4 billion to $33.7 billion.

2017 was a monumental year for real estate tech with some incredible financing rounds, IPOs, exits and ICOs. Softbank Vision Fund has shown great confidence in the sector, deploying $4.4B to the coworking behemoth WeWork, $400M to tech enabled brokerage Compass and $120M to home insurance company Lemonade. Fifth Wall Ventures raised $212M for&nbsp;its first fund, the biggest dedicated real estate technology fund to date.

Redfin’s IPO&nbsp;was one of the most successful IPOs of this year, soaring 45% in its first day. Multifamily listing company ForRent was acquired for $385M, while other late stage startups like Cadre, Honest Buildings, Convene, and Common, raised tens of millions of dollars in late stage financing rounds.

Who is going to shine this year? We gathered 10 different early stage companies that managed to raise up to $10M to date. Based on the quality of the teams, investors, current traction and the market opportunity, here are our 10 most promising prospects for 2018:

Rentalutions

Rentalutions is building a community of responsible DIY landlords and trustworthy tenants by providing them with education, end-to-end tools, and customer service to support them in their renting experience.

55,000 DIY landlords with fewer than ten properties use the platform to manage single-family homes, condo units, and small multifamily buildings in 14,000 zip codes across the United States. Cultivation Capital led a $2 million round of funding for the company in May 2017, and the company has more than doubled since then.

Rentalutions’ top priorities in 2018 are creating more high quality educational content and adding additional functionality that helps DIY landlords and tenants.

DealPath

DealPath is the leading deal management platform for commercial real estate investment teams. Using Dealpath’s powerful platform, development and acquisition teams are able to improve efficiency by reducing time spent on repetitive, tedious tasks, and providing a high-level strategic view of their deal pipeline.

The platform delivers the streamlined efficiency and the deal view necessary for high-performing investment teams. Dealpath had a series A round in 2016 and currently boasts more than $100 billion in evaluated commercial real estate transactions and more than 1.1 million tasks created on the platform. Having recently completed a major office move, Dealpath plans to continue its rapid growth with platform improvements, more integrations, and enterprise-level support.

Rentberry

Rentberry is an all-encompassing long-term rental platform that manages every step of the rental process, from hosting open houses to paying rent. It empowers tenants by increasing the transparency in the rental application process and offering them ability to save more than $500bln frozen in rental security deposits. The company has raised a total of $4M from high-profile investors from eleven different countries to date.

On December 5th, 2017 the company launched its first ICO through which the company plans to raise $30M. As of today, the company operates in more than 5,000 cities in the US and plans to expand to Canada, Australia, New Zealand and UK. In 2017, it processed more than 250k properties through the platform.

WeSmartPark

If AirBnB turns your home into a Hotel, WeSmartPark turns your empty garage spot into a smart space. The company created a new parking infrastructure, providing attractive rates for drivers, while doubling the income for parking space owners.

WeSmartPark operate in three cities around the world, Barcelona, Madrid and Santiago de Chile, operating more than 160 parking locations and 3000 spots, serving more than 75,000 drivers.

This year the company plans to continue and grow in South America and launch in major cities as Buenos Aires, Bogot&aacute;, Lima, M&eacute;xico DF, S&acirc;o Paulo and Panama.

Workframe

Workframe is the collaboration platform for the built environment. The platform&nbsp;drive&nbsp;efficient space-centric communication and decision-making across project teams on a single platform.

The company closed its Series A financing led by Venrock in June 2017. Workframe works with a wide range of forward-thinking clients that span all industries and sizes – from tech startups to financial services firms and Fortune 500 companies.

In 2018, Workframe aims at becoming the dominant communication and decision-making platform for the real estate industry by expanding its geographic footprint through select investments in new markets. It plans to form strategic partnerships with companies that offer complimentary CRE solutions while cementing a leadership position in areas that extend beyond space planning, such as facilities and space management.

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The last decade has witnessed an exponential growth in real estate tech startups. Globally, the number of startups rose from 176 in 2008 to 1,274 by 2017. In the same period, cumulative investments in these startups soared from $2.4 billion to $33.7 billion.

2017 was a monumental year for real estate tech with some incredible financing rounds, IPOs, exits and ICOs. Softbank Vision Fund has shown great confidence in the sector, deploying $4.4B to the coworking behemoth WeWork, $400M to tech enabled brokerage Compass and $120M to home insurance company Lemonade. Fifth Wall Ventures raised $212M for its first fund, the biggest dedicated real estate technology fund to date.

Redfin’s IPO was one of the most successful IPOs of this year, soaring 45% in its first day. Multifamily listing company ForRent was acquired for $385M, while other late stage startups like Cadre, Honest Buildings, Convene, and Common, raised tens of millions of dollars in late stage financing rounds.

Who is going to shine this year? We gathered 10 different early stage companies that managed to raise up to $10M to date. Based on the quality of the teams, investors, current traction and the market opportunity, here are our 10 most promising prospects for 2018:

Rentalutions

Rentalutions is building a community of responsible DIY landlords and trustworthy tenants by providing them with education, end-to-end tools, and customer service to support them in their renting experience.

55,000 DIY landlords with fewer than ten properties use the platform to manage single-family homes, condo units, and small multifamily buildings in 14,000 zip codes across the United States. Cultivation Capital led a $2 million round of funding for the company in May 2017, and the company has more than doubled since then.

Rentalutions’ top priorities in 2018 are creating more high quality educational content and adding additional functionality that helps DIY landlords and tenants.

DealPath

DealPath is the leading deal management platform for commercial real estate investment teams. Using Dealpath’s powerful platform, development and acquisition teams are able to improve efficiency by reducing time spent on repetitive, tedious tasks, and providing a high-level strategic view of their deal pipeline.

The platform delivers the streamlined efficiency and the deal view necessary for high-performing investment teams. Dealpath had a series A round in 2016 and currently boasts more than $100 billion in evaluated commercial real estate transactions and more than 1.1 million tasks created on the platform. Having recently completed a major office move, Dealpath plans to continue its rapid growth with platform improvements, more integrations, and enterprise-level support.

Rentberry

Rentberry is an all-encompassing long-term rental platform that manages every step of the rental process, from hosting open houses to paying rent. It empowers tenants by increasing the transparency in the rental application process and offering them ability to save more than $500bln frozen in rental security deposits. The company has raised a total of $4M from high-profile investors from eleven different countries to date.

On December 5th, 2017 the company launched its first ICO through which the company plans to raise $30M. As of today, the company operates in more than 5,000 cities in the US and plans to expand to Canada, Australia, New Zealand and UK. In 2017, it processed more than 250k properties through the platform.

WeSmartPark

If AirBnB turns your home into a Hotel, WeSmartPark turns your empty garage spot into a smart space. The company created a new parking infrastructure, providing attractive rates for drivers, while doubling the income for parking space owners.

WeSmartPark operate in three cities around the world, Barcelona, Madrid and Santiago de Chile, operating more than 160 parking locations and 3000 spots, serving more than 75,000 drivers.

This year the company plans to continue and grow in South America and launch in major cities as Buenos Aires, Bogotá, Lima, México DF, Sâo Paulo and Panama.

Workframe

Workframe is the collaboration platform for the built environment. The platform drive efficient space-centric communication and decision-making across project teams on a single platform.

The company closed its Series A financing led by Venrock in June 2017. Workframe works with a wide range of forward-thinking clients that span all industries and sizes – from tech startups to financial services firms and Fortune 500 companies.

In 2018, Workframe aims at becoming the dominant communication and decision-making platform for the real estate industry by expanding its geographic footprint through select investments in new markets. It plans to form strategic partnerships with companies that offer complimentary CRE solutions while cementing a leadership position in areas that extend beyond space planning, such as facilities and space management.

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