Proptech Funds Invest $4 Billion Across The Smart Building Sector In 2020

Ben Hext

Ben Hext

Susan Clarke

Susan Clarke

16 Dec, 2020

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Executive Summary

This report helps technology firms and investors across the smart building sector better understand proptech funding trends in 2020. From January to November 2020, proptech funds invested $4 billion across six technology areas: construction, commercial property management, residential property, retail management, operational management, and workplace management. Funding levels were down on 2019 levels as the   COVID-19 pandemic and global recession disrupted deal-making activity and as investors focused efforts on supporting their existing portfolios. Going forward, we predict that a vaccine rollout will support a proptech investment rebound in 2021 and that green buildings will return as a focal point for proptech investment, fuelled by cost-saving potential and policy. Technology providers should use this report to better understand the disruptive propositions coming to market that aim to challenge traditional market players.
Investment in Proptech Firms Drops to $4 Billion in 2020  
Proptech Funds Have Closed Over 190 Deals So Far In 2020
Investors Are Focusing On Sensors And Automation For Commercial Real Estate
Residential Proptech Investment Centres Around Disintermediation
Post-Pandemic Recovery Will Sway The Trajectory Of The Proptech Market
 
Figure 1. Proptech Category Definitions 
Figure 2. 2020 Proptech Investment Levels By Category ($m)
Figure 3. 2020 Proptech Investment Levels By Month ($m) 
 

About the Authors

Ben Hext

Ben Hext

Industry Analyst

Ben is an Industry Analyst in the Verdantix Smart Buildings practice. His current agenda covers hardware and software solutions for energy management, on-site power ...

Susan Clarke

Susan Clarke

Research Director

Susan leads the Verdantix Smart Buildings practice. Her current research agenda focuses on software solutions for real estate management including integrated workplace managem...

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