We cover many emerging markets in the startup ecosystem. We have previously shared a series of posts that summarized Financial Technology, Internet of Things, Bitcoin, Artificial Intelligence, and MarTech in six visuals. This week, we do the same with Real Estate Technology, but with 10 visuals.
At this time, we are tracking 679 Real Estate Technology companies across 9 categories, with a combined funding amount of $12.1 billion. To see all of our Real Estate Tech related posts, click here!
The ten Real Estate Tech visuals below help make sense of this dynamic market:
Property Management: Technologies which help in the day-to-day operations of a building. Examples include approving tenants (background screening), electronic payment of rent, and maintenance.
Construction Management: Technologies which help with the construction of new buildings. Examples include construction visualization, project management, and management of documentation.
Facility Management: Technologies focused on building efficiency and long term sustainability, from large structures to individual home units. Examples include quantifying the building (energy usage, water usage, etc.), making buildings more efficient, and building inspections.
Portfolio Management: Technologies real estate investors use to help determine their investment strategies. Examples include property data trackers at the regional and local level, information on REITs, and real estate crowdfunding.
Home Services: Technologies that support tenants in the management of their home. Examples include cleaning, renovation management, and postal services.
Home/Apartment Search: Consumer tools that aid in the process of finding both short term and long term residences.
Real Estate Agent Tools: Technologies that both help real estate agents do their jobs and technologies that effectively automate it.
Indoor Mapping: Companies that help create indoor models of real estate.
IoT Home: Internet of Things category focused on the residential segment. Solutions include home security, automation, energy management, etc.
The bar graph above summarizes the number of companies in each Real Estate Tech category to show which are dominating the current market. Currently, the IoT Home category is leading the way with a total of 161 companies, followed by Portfolio Management with 120 companies.
The bar graph above summarizes the median company funding per Real Estate Tech category. Again, the IoT Home category leads the way with a median of $19M per funded company. The IoT Home category is focused on the residential segment. Solutions include home security, automation, energy management, etc..
The graph above compares total venture funding in Real Estate Tech categories to the number of companies in each category. While Real Estate Search has the most funding at over $6B, it is IoT Home, Construction Management, and Portfolio Management that have the most traction in total startups. It’ll be interesting to see if funding in these categories grows in 2016.
The following infographic is an updated heat map indicating where Real Estate Tech startups exist across 45 countries. Currently, the United States is leading the way with 450 companies. The United Kingdom is in second with 35 companies followed by Canada with 31.
The bar graph above summarizes Real Estate Tech by median age of each category. The Construction Management and Facility Management categories are the most mature categories at a median age of 8 years, while IoT Home, Portfolio Management, and Home Services are the most emerging with a median age of 1 year.
The bar graph above shows the distribution of years in which Real Estate Tech startups were founded. Over 50% Real Estate Tech startups were founded after 2011, while only 12% of the companies were founded before 2001
The bar graph above shows the level of funding in Real Estate Tech by vintage year. Real Estate startups founded between 2007–2008 have received $5.2 billion in funding.
The bar graph above shows the distribution of employee headcount among Real Estate startups. Nearly half of Real Estate Tech companies are startups with less than 10 employees, indicating that this is in the early stages of innovation.
The graph above summarizes which investors invest in Real Estate Tech most frequently. Currently, Y Combinator leads the way with 18 investments, followed by Accel Partners and 500 Startups with 16 investments.
As Real Estate Technology continues to develop, so too will its moving parts. We hope this post provides some big picture clarity on this booming industry.
Venture Scanner enables corporations to research, identify, and connect with the most innovative technologies and companies. We do this through a unique combination of our data, technology, and expert analysts. If you have any questions, reach out to [email protected].
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.