Proptech

Proptech is a term that encompasses the wide range of technologies and tech startups that impact the real estate industry.

Proptech Q&A

Why is proptech important to the real estate industry?
Proptech companies and innovations have changed how the real estate industry operates and the types of companies that are included in the space. Technology has become an integral part of most lives, and professionals within the real estate space use proptech for everything from lead generation to multiple listing services to smart home tech to construction and more.
What kinds of proptech are there?
A large number of technologies fall underneath or intersect with the proptech umbrella. A few of these include "smart real estate," tech devices and systems that help build and run smart cities and buildings; "contech" construction technology products and startups that have changed the way we build; and "fintech" financial tech and startups that use innovative digital methods to provide financial services.
What can proptech do?
Contech innovations have reshaped the way that developers are able to design new structures, fintech services have streamlined home financing processes, homes and offices and increasingly full of smart devices, and new innovations continue to reshape the way that the real estate industry functions. Proptech companies have proliferated on the real estate scene, and tens of billions of dollars of VC funding has flooded the sector in recent years.
Want to know more about proptech?
Check out our Top Stories below for TRD's most up-to-date coverage of proptech companies and innovation.

The Latest

Orchard's Patrick McClymont and HomeLight's Sean Aggarwal (Photos via IMAX, The Org)
National

Orchard, HomeLight move toward IPOs with new execs

Two proptech firms that aim to help homebuyers compete in hot markets are steps closer to going public after...

Orchard, HomeLight move toward IPOs with new execs
Katerra facility (Katerra, Getty)
National

Katerra employees fire back with lawsuit over abrupt closure

Reports surfaced June 1 that construction startup Katerra was shutting down its U.S. operations. Three days later, mass layoffs...

Katerra employees fire back with lawsuit over abrupt closure
Masayoshi Son and Katerra's founders Fritz Wolff, Jim Davidson and Michael Marks. (Getty, Katerra)
National

Inside Katerra’s final days

Katerra’s cash position was “perilous.” Its biggest backer, SoftBank, bailed out the construction startup with a $200 million investment in December. Three months later, Katerra’s primary lender, Greensill Capital, became insolvent, sending the startup’s...

Inside Katerra’s final days
Pacaso’s Spencer Rascoff and Austin Allison (iStock, Pacaso)
National

Second-home startup Pacaso to offer agents stock

Second-home startup Pacaso plans to offer its agents the company’s future stock on top of their commissions. The firm,...

Second-home startup Pacaso to offer agents stock
Blooma founder Shayne Skaff (LinkedIn, iStock)
National

CRE fintech startup Blooma nabs $15M in funding

Blooma, a startup that wants to speed up commercial real estate lending by using AI, closed on a $15...

CRE fintech startup Blooma nabs $15M in funding
Latch’s Luke Schoenfelder (Latch, iStock)
National

Proptech firm Latch gains in first day of trading

Latch is attempting to unlock its potential in the public markets. On Monday, its first day of trading, the...

Proptech firm Latch gains in first day of trading
Katerra’s abrupt closure has left clients and subsidiaries in the lurch. (Getty)
National

What Katerra’s shutdown means for clients, subsidiaries

Last week, “rumblings” from Katerra workers on a project site in Jersey City reached developer Paul Silverman. He then...

What Katerra’s shutdown means for clients, subsidiaries
Spruce CEO Patrick Burns (iStock)
National

Title insurance startup Spruce scores $60M in Series C

An increasing number of startups are taking on the titans of the title insurance industry, with one of those...

Title insurance startup Spruce scores $60M in Series C

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