Investor Confidence in Real Estate Tech
The momentum around real estate tech startups appear to be all the buzz. Commercial real estate and new technologies have spawned a multitude of new startups tackling the real estate industry by storm. Entrepreneurs and investors alike are increasingly interested in finding tech enabled ways to disrupt this multi- billion dollar industry.
Over the past two years, Early stage, Seed and Series A investments represented nearly 91 percent of total investments in real estate tech startups. Year over year, deal growth increased by nearly 126.5 percent Seed & Series A investments.
New York and Silicon Valley represented nearly 36 percent of total deals, the largest share of all investments in the United States. Collectively, the average deal size between New York and Silicon Valley was $3.1 million, a year over year deal growth increase by nearly 59.6 percent.