Our latest quarterly update for real estate technology highlighted the most recent activity in the sector. Now, with over half the year complete, we're performing a mid-year status check on how exits in the space are shaping up.
Based on analysis on our real estate technology research platform, we see that exit activity in the first half of 2018 is slightly down from 2017.
2018 Mid-Year Real Estate Technology Exit Activity Lower Than 2017 But Higher Than 2016
Let’s take a closer look at the number of real estate technology exit events by year.
The above graphic shows 20 exits in the first half of 2018. For the past three years, Q3 and Q4 accounted for 57% of total exit events on average. If that trend holds, 2018 exits will finish the year slightly lower than 2017, but higher than 2016. We'll see if the second half of the year changes this trend!
To learn more about our complete real estate technology report and research platform, visit us at www.venturescanner.com or contact us at [email protected].