Real Estate Technology Market Overview and Innovation Quadrant – Q1 2017

The following post highlights how Venture Scanner categorizes the Real Estate Technology startup landscape, and presents our Innovation Quadrant showing how those categories compare to one another. The data for this post is through March 2017.

Real Estate Technology Q1 2017 Logo Map

The above sector map organizes the sector into 12 categories and shows a sampling of companies in each category.

Real Estate Technology Q1 2017 Innovation Quadrant

Our Innovation Quadrant provides a snapshot of the average funding and average age for the different Real Estate Technology categories and how they compare with one another.

  • Heavyweights: These categories are comprised of companies that have reached maturity with significant financing.
  • Established: These categories are comprised of companies that have reached maturity with less financing.
  • Disruptors: These categories are comprised of companies that are less mature with significant financing.
  • Pioneers: These categories are comprised of companies that are less mature with earlier stages of financing.

The definitions of the Real Estate Technology categories are as follows

Commercial Real Estate Search: Companies that help consumers/businesses find commercial real estate for rent and/or sale. Examples include shared working space search engines as well as traditional commercial real estate search engines.

Construction Management: Companies that help teams manage the construction of new buildings. Examples include construction visualizations tools, project management tools for construction teams, and platforms to manage blueprints.

Facility Management: Companies that focus 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.

Home Services: Companies that support tenants in the management of their home. Examples include home services (such as cleaning), finding rental units, renovation management, postal services, and navigation.

Indoor Mapping: Companies that help create indoor models for the real estate industry. Examples include cameras that produce 3D renderings and visualization platforms that allow users to interact with floor plans.

IoT Home: Companies that provide Internet of Things devices focused on the residential real estate segment. Solutions include home security, home automation, and energy management.

Life, Home, Property & Casualty Insurance: Companies that offer life, home, and property insurance, as well as other kinds of insurance such as disability and marriage insurance.

Long-Term Rentals/Sale Search: Companies that help consumers buy, rent, and sell a home/apartment for purchase or rent. This category includes companies that provide short-term rentals.

Portfolio Management: Companies that provide technologies that real estate investors use to make smarter investment decisions as well as platforms to make investments. Examples include listing data trackers, information on REITs, and real estate crowdfunding.

Property Management: Companies that help in the day-to-day operation of real estate rentals. Examples include tenant management, electronic payments of rent, and tools for landlords and tenants to communicate.

Real Estate Agent Tools: Companies that help real estate agents do their jobs, as well as technologies that effectively automate it. Examples include real estate specific CRMs, real estate agent review platforms, and marketing tools.

Short-Term Rental/Vacation Search: Companies that aid in the process of finding residences for short-term rentals or vacation rentals. Examples include platforms for individuals to list their personal properties as well as traditional vacation lodging search engines.

We are currently tracking 1,417 Real Estate Technology companies in 12 categories across 62 countries, with a total of $35 Billion in funding. Click here to learn more about the full Real Estate Technology report and database.

Real Estate Technology Activity by Selected Investors – Q1 2017

The following graph summarizes the investor activity in the Real Estate Technology space. Please note these graphics are made using data through March 2017.

Real Estate Technology Investor Activity Q1 2017

The above analysis summarizes the total number of investment rounds Real Estate Technology investors participated in, and the number of unique companies funded by selected investors. 500 Startups takes the lead in both metrics, with just under 50 total investments into the space and over 40 companies backed. Other major investors include Sequoia Capital, Accel Partners, and Y Combinator.

We are currently tracking 1,402 Real Estate Technology companies in 12 categories across 62 countries, with a total of $35 Billion in funding. Click here to learn more about the full Real Estate Technology market report.

Real Estate Technology Landscape Trends and Insights  – Q1 2017

Here is our Q1 2017 summary report on the Real Estate Technology startup sector. The following report includes a startup landscape overview, graphical trends and insights, and recent funding and exit events.

We are currently tracking 1,380 Real Estate Technology companies in 12 categories across 62 countries, with a total of $34 Billion in funding. Click here to learn more about the full Real Estate Technology landscape report and database.

Real Estate Technology Exits by Category and by Year – Q1 2017

The following graphs highlight the exit activity in the Real Estate Technology sector. The graphics include data through March 2017.

Exit Activity by Category in Real Estate Technology
Exit Activity by Category in Real Estate Technology

The above graph summarizes the number of exits (acquisitions and IPOs) in each Real Estate Technology category. The Life, Home, P&C Insurance category leads the sector with 11 acquisitions and 12 IPOs. The IoT Home category is the runner-up with 18 acquisitions and 4 IPOs.

real-estate-tech-exits-by-year
Exit Activity by Year in Real Estate Technology

The above graph summarizes the number of exits (acquisitions and IPOs) in Real Estate Technology by year. 2016 currently leads the sector with 22 acquisitions and 2 IPOs. 2014 is the runner-up with 19 acquisitions and 3 IPOs.

We are currently tracking 1380 Real Estate Technology companies in 12 categories across 62 countries, with a total of $33.8 Billion in funding. Click here to learn more about the full Real Estate Technology landscape report and database.

Venture Investing in Real Estate Technology – Q1 2017

The following graphs highlight venture investing trends into the Real Estate Technology sector. The graphics include data through October 2016.

Real Estate Technology Venture Investing

The above graph compares the total venture funding in each Real Estate Technology category to the number of companies in the category. The Life, Home, and P&C Insurance category is leading in funding, with just under $7B. IoT Home take the lead in company count, at around 230.

Real Estate Technology Category Average Funding

The above analysis summarizes the average company funding in each Real Estate Technology category. The Life, Home, and P&C category leads the sector with around $350M in average funding per company, followed by the Short-Term Search and Commercial Search categories.

We are currently tracking 1,365 Real Estate Technology companies in 12 categories across 61 countries, with a total of $34B in funding. Click here to learn more about the full Real Estate Technology landscape report and database.

Average and Median Age by Real Estate Technology Category – Q1 2017

The following graph shows average and median age in the Real Estate Technology sector. The graphic includes data through October 2016.

real-estate-average-median-age
Average and Median Age by Real Estate Tech Category

The above graph summarizes the average age and median age of companies in each Real Estate Technology category. The Life, Home, P&C Insurance category has the highest average age at around 13 years and the highest median age at 17 years. Construction Management follows behind with an average age of just under 13 years and a median age of 11 years.

We are currently tracking 1358 Real Estate Technology companies in 12 categories across 61 countries, with a total of $30.3 Billion in funding. Click here to learn more about the full Real Estate Technology landscape report and database.

Where in the World are Real Estate Technology Startups? – Q1 2017

The analyses below summarize where Real Estate Technology innovations are occurring. The graphic includes data through October 2016.

Real Estate Technology Startup Count by Country

The above map shows the number of Real Estate Tech companies located in different countries. The United States ranks as the top country with over 740 companies.

Real Estate Technology VC Funding by Country

The above map shows the amount of total Real Estate Tech startup venture capital funding in different countries. The United States has the most VC funding at around $17B.

We are currently tracking 1,351 Real Estate Technology companies in 12 categories across 60 countries, with a total of $30B in funding. Click here to learn more about the full Real Estate Technology landscape report and database.