How Proptech Benefits From The Squeeze Between Investors And Institutions

Proptech startups are booming.

According to recent data from Crunchbase, VC-back real estate companies have raised nearly $11 billion this year, up about 22 percent from a year ago. That surge is being fueled by a number of important trends like low interest rates, a red-hot construction market, and government spending, but the center of this proptech surge is the flood of institutional money into real estate.