real estate tech q4 2017 startup highlights
TRANSCRIPT
Quarterly real estate technology highlights
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This brief overview of the real estate technology sector provides three sections
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Sector Summary
Macro-level views on the state of the real estate
technology sector
Latest Activity
Major funding and exit events from the previous
quarter
Deep dive into a single real estate technology
category
Category Discovery
REAL ESTATE TECHNOLOGY
12 Categories
1,613 Companies
$46B Funding
4Sector stats are continuously changing, data cumulative as of December 2017
5The graphic above shows a random sampling of companies in each category, data cumulative as of December 2017
REAL ESTATE TECHNOLOGY
IoT Home(329 Companies)
The Venture Scanner research platform currently tracks 1,613 real estate tech
startups with $46B in funding
Home Services(153 Companies)
Life, Home, P&C Insurance(155 Companies)
Long-Term Search(169 Companies)
Real Estate Agent Tools(78 Companies)
Indoor Mapping(36 Companies)
Construction Management(123 Companies)
Short-Term Search(109 Companies)
Commercial Search(70 Companies)
Property Management(149 Companies)
Facility Management(122 Companies)
Portfolio Management(190 Companies)
Commercial Search
Short-Term Search
Life, Home, P&C Insurance
Long-Term Search
IoT Home
Home Services
Facility Management
Construction Management
Portfolio Management
Agent Tools
Property ManagementIndoor Mapping
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Innovation quadrant for real estate technology
Average Funding
ESTABLISHED HEAVYWEIGHTS
PIONEERS DISRUPTORS
Ave
rage
Age
This quadrant shows a relative segmentation of the categories with respect to one another, data cumulative as of December 2017Visit www.venturescanner.com to learn more about our real estate technology report and research platform
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Funding into real estate technology is growing
Overall real estate technology funding grew at a CAGR of 63% from 2012-2017, and 2017 was 162% of 2016 funding
Real Estate Technology Annual Funding Over Time
Data cumulative as of December 2017Visit www.venturescanner.com to learn more about our real estate technology report and research platform
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Each quarter shows a general upward trend in funding with some high outliers
The funding in Q4 2017 grew by 16% over the Q4 2016 funding total
Real Estate Technology Quarterly Funding Over Time
Data cumulative as of December 2017Visit www.venturescanner.com to learn more about our real estate technology report and research platform
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Exits within the space are on a general upward trend
Quarterly real estate technology exits in 2017 were higher than 2016, though Q4 2017 saw a drop of 25% from Q4 2016
Real Estate Technology Exit Events Over Time
Data cumulative as of December 2017Visit www.venturescanner.com to learn more about our real estate technology report and research platform
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Real estate technology funding events were mostly early stage in Q4 2017
There were 77 funding events this quarter, 48% of which were Seed or Series A
Recent Real Estate Technology Funding Round Counts
Graphs shows only the funding rounds listed thereinVisit www.venturescanner.com to learn more about our real estate technology report and research platform
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Seed A B C D Late Stage
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Funding Event
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All real estate tech categories saw funding this quarter
Real estate technology startups raised $2.1 billion over the last quarter
Quarterly Real Estate Technology Category Funding
Companies are categorized by function, and therefore can exist in multiple categories.Visit www.venturescanner.com to learn more about our real estate technology report and research platform
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Recent real estate technology funding events
Notable Recent Real Estate Technology Funding Events
Company Funding Type Amount Date
Series E $550,000,000 Dec 17, 2017
Series E $300,000,000 Oct 9, 2017
Series E $120,000,000 Nov 1, 2017
Series B $104,000,000 Oct 17, 2017
Series D $97,000,000 Dec 19, 2017
The top 5 real estate tech events accounted for 50% of quarterly funding
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Recent real estate technology exit events
Notable Recent Real Estate Technology Exit Events
Company Acquirer Amount Date
$1,200,000,000 Dec 17, 2017
$340,000,000 Dec 5, 2017
Unknown Dec 14, 2017
Unknown Nov 16, 2017
Unknown Oct 3, 2017
There were 9 real estate technology exits this past quarter, all of which were acquisitions
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Category Discovery – Short-Term Search
Every quarter a new category will receive a deep dive, providing comparisons to other categories and discussing trends
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Short-term search is one of the leading categories within the real estate tech sector
The short-term search category accounts for 18% of funding in the sector and saw moderate growth last quarter
Venture Investing in Real Estate Technology
Companies are categorized by function, and therefore can exist in multiple categories. Data cumulative as of December 2017Visit www.venturescanner.com to learn more about our real estate technology report and research platform
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Previous Total Quarterly Funding Percent Growth
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The short-term search category has some large funding outliers
Short-term search has a median funding that is roughly equal to the average of the other categories, while the third quartile is $15M higher
Real Estate Technology Category Funding Quartiles
Companies are categorized by function, and therefore can exist in multiple categories. Data cumulative as of December 2017Visit www.venturescanner.com to learn more about our real estate technology report and research platform
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Annual short-term search funding events are on a general upward trend
Short-term search funding events grew at a CAGR of 10% from 2012-2017
Short-Term Search Annual Funding Events
Data cumulative as of December 2017Visit www.venturescanner.com to learn more about our real estate technology report and research platform
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Funding within short-term search is highly concentrated
Short-Term Search Companies with Largest Funding Amounts
Company Latest Round Amount Location
Venture $4,400,000,000 San Francisco, CA, USA
Series E $755,000,000 Beijing, China
Secondary $510,000,000 Austin, TX, USA
Venture $450,000,000 India
Series E $272,000,000 Beijing, China
The top 5 short-term search companies by total funding account for 80% of overall category funding
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