Investors still in love with proptech

Interest from venture capital (VC) in the proptech sector has been going strong and there’s no sign that this will change, KBW analysts have found. In fact, in a recent report issued by KBW, analysts stated that VC investment totaled $4.2 billion in 3Q (averaging multiple sources), with a 42 percent year-over-year increase, while year-to-date funding totals $13.8 billion. KBW analysts estimate 32 deal announcements in 3Q and 108 YTD through November. In the public universe, they estimate 3Q revenues increased 24.5 percent year-over-year to $5.5 billion, up from 18.5 percent a year ago. Real estate FinTech and co-working/flexible space have garnered the most investment this year.