Daniel Saks
Chief Executive Officer
The PropTech revolution is accelerating at unprecedented speed. The global PropTech market was valued at $36.55 billion in 2024, and in the same year, venture capital investment in AI-powered proptech companies reached $3.2 billion. From IPO success stories to unicorn valuations, these companies are transforming how we buy, sell, manage, and experience real estate. For PropTech innovators looking to scale their go-to-market efforts, platforms like Landbase's AI-driven discovery enable teams to find and qualify their next customer in seconds using natural-language targeting, building prospect lists based on real-time signals like funding rounds, hiring activity, and tech stack changes.
ServiceTitan provides an end-to-end platform for trade contractors, combining CRM, field service management (FSM), FinTech, ERP, and HCM in one integrated system. The platform serves HVAC, plumbing, and electrical contractors, helping them manage everything from scheduling and dispatching to billing and customer communication.
ServiceTitan is anticipated to raise $625 million in its December 2024 IPO with strong market appetite for PropTech FSM solutions. The platform addresses the $600 billion+ field service industry, which has historically been underserved by technology. With 8,000+ customers and 110%+ net retention, ServiceTitan demonstrates exceptional customer satisfaction and expansion potential.
Valuation: $9B | Founded: 2012
Recent Funding: IPO raised $625M (December 2024)
Bilt Rewards created the first rewards program for rent payments, enabling renters to earn points on their largest monthly expense. The platform integrates with major property management systems, creating a three-sided marketplace connecting renters, landlords, and credit card networks.
Bilt transforms rent payments from a "dead" expense into a rewards-generating transaction, fundamentally changing how the rental economy operates. The platform targets 44 million US renter households, representing a $500 billion+ annual rent payment market. Bilt secured $365 million in funding, tied for the largest PropTech equity raise in 2024.
Valuation: $10.75B | Founded: 2019
Recent Funding: $250M growth equity (July 2025)
Pacaso offers fractional ownership of luxury second homes through LLC-based co-ownership structures. The platform provides an integrated operations system for managing cleaning, repairs, scheduling, and a resale marketplace that provides liquidity for ownership shares.
Pacaso makes high-end second homes financially accessible through fractional ownership, creating a new asset class between traditional homeownership and hospitality. The platform addresses the problem of second homes being vacant for 10+ months annually by enabling shared ownership. Operating in 40+ US and European markets in under 3 years demonstrates strong product-market fit and execution capability.
Valuation: $1.5B | Founded: 2020
Recent Funding: $72.5M Regulation A+ round (October 2025)
Hostaway provides a vacation rental management platform that helps property managers operate efficiently across multiple booking platforms. The platform offers multi-channel distribution, automation capabilities, and comprehensive property management tools for the short-term rental market.
Hostaway helps property managers consolidate operations across multiple booking channels like Airbnb, Vrbo, and Booking.com. One of the top PropTech funding recipients in 2024 demonstrates strong investor confidence in the STR management category. The platform enables property managers to operate at scale with enterprise-grade tools and automation.
Valuation: $925M | Founded: 2015
Recent Funding: $365M Series B (December 2024)
JobNimbus offers an all-in-one contractor software platform specifically designed for roofing contractors, combining CRM, production management, marketing, sales, and billing in a single system. The platform includes website creation/SEO, scheduling/automation/material ordering, one-click estimates, billing/cash flow management, and integrated communication.
JobNimbus replaces paper-based workflows and fragmented tools with integrated software specifically designed for roofing contractors. The $330 million investment from Sumeru Equity Partners is one of the largest PropTech deals of 2024, signaling strong confidence in the vertical SaaS approach. The fresh capital will accelerate AI-driven feature development, positioning JobNimbus for future growth in construction tech.
Valuation: $1.2B | Founded: 2013
Recent Funding: $330M PE investment (November 2024)
Guesty provides a multi-channel property management platform that consolidates operations for short-term rental properties across Airbnb, Vrbo, Booking.com, and other channels. The platform offers AI-powered automation for smart messaging, dynamic pricing, and automated workflows.
Guesty provides enterprise-grade tools for property managers operating at scale, helping to professionalize the fragmented STR market. Funding is earmarked for expansion in the US, Europe, and Australia, demonstrating international growth ambitions. Series F funding led by KKR, with participation from Y Combinator, Inovia Capital, and BDT & MSD Partners, provides access to global real estate networks.
Valuation: $900M | Founded: 2013
Recent Funding: $130M Series F (April 2024)
Infogrid provides an IoT-enabled platform for commercial real estate that uses sensors to collect real-time building data on temperature, humidity, occupancy, and energy usage. The platform offers AI-driven predictive maintenance and custom ESG dashboards for investor meetings and regulatory audits.
Infogrid makes sustainability measurable and actionable, helping building owners comply with tightening regulations like EU CSRD and NYC Local Law 97. Used by major real estate firms like JLL and CBRE across the UK and EU demonstrates strong market validation. Support from SoftBank Vision Fund 2 and JLL Spark provides both capital and industry credibility.
Valuation: $900M | Founded: 2018 Recent
Funding: $13M growth round (April 2024)
EliseAI provides AI-powered leasing automation for the multifamily industry, using domain-specific AI trained on real estate data to handle routine inquiries, showings, and follow-ups. The platform offers omnichannel support through SMS, email, and web chat with consistent context.
EliseAI reduces agent workload by 80%, addressing the industry's critical labor shortage crisis. Domain-specific training on real estate data provides more accurate responses than generic AI chatbots. Reached $1 billion valuation in 2024, demonstrating strong market validation and growth trajectory.
Valuation: $1B | Founded: 2017
Recent Funding: $75M Series D (August 2024)
DoorLoop provides long-term rental property management software for landlords and property managers. The platform offers an all-in-one solution for managing rental properties, including automation features and comprehensive property management tools.
DoorLoop addresses a category that has historically lagged behind short-term rental management in tech adoption. $100 million+ funding in 2024 demonstrates strong investor confidence in the long-term rental PMS market. The platform serves the massive long-term rental market, which represents the majority of residential rental properties.
Valuation: $500M | Founded: 2019
Recent Funding: $100M Series B (Oct 2024)
OpenSpace provides a construction technology platform that uses 360° cameras worn by workers to automatically create site documentation and AI-generated digital twins. The system auto-maps photos to floor plans, creating time-stamped, spatially accurate virtual replicas of construction sites.
OpenSpace creates a permanent visual record of every job site, reducing disputes and accelerating decision-making. With operations in 100+ countries and 11 billion square feet captured, OpenSpace is building the world's largest construction intelligence database. The platform delivers 60% faster project review times, enabling remote stakeholders to review progress without site visits.
Valuation: $902M | Founded: 2017
Recent Funding: $102M Series D (early 2022)
ButterflyMX provides a unified cloud-based property access platform with seven integrated products: video intercoms, package rooms, vehicle access, security cameras, smart locks, elevator controls, and front desk stations. The platform serves multifamily and commercial buildings with 40+ integrations to existing property management systems.
ButterflyMX is replacing decades-old intercom and access control hardware with cloud-based software, fundamentally changing building security infrastructure. The unified platform eliminates the need for fragmented vendors, providing a single solution for all building access needs. With 17,000 properties and 1.5 million people using the platform, ButterflyMX has established clear market leadership in access control.
Valuation: $500M | Founded: 2014
Recent Funding: $50M Series D (March 2025)
Agora modernizes real estate investment management by providing integrated software for payment processing, tax record tracking, fundraising, and data organization. The platform replaces outdated systems and Excel spreadsheets that have traditionally plagued real estate investment firms.
As institutional capital floods into private real estate, Agora's platform becomes critical infrastructure for professional investment management. SOC 1 compliance ensures enterprise-ready security for financial data, meeting the requirements of sophisticated investors. Named one of Business Insider's 2024 list demonstrates strong market validation.
Valuation: $250M | Founded: 2019
Recent Funding: $34M Series B (May 2024)
Blue Wall Technology provides Julius AI, an AI-powered property marketing and sales management platform with integrated modules for CRM, dynamic inventory management, generative AI marketing, and real-time budgeting. The platform launched for international markets in February 2024.
Julius AI uses generative AI to automate content creation, lead management, and sales workflows for real estate developers. The February 2024 launch for global markets demonstrates strong growth ambitions and international market validation. The platform combines CRM, AI marketing, and budgeting in a single system, eliminating the need for fragmented tools.
Valuation: $200M | Founded: 2020
Recent Funding: Series A (2024)
Altus Group provides commercial real estate analytics through its ARGUS Enterprise platform, the industry standard for CRE valuation and portfolio management. In September 2024, the company launched ARGUS InteMergers & Acquisitions Activity, a next-generation software for real-time asset and portfolio analytics.
ARGUS Enterprise is the established market leader in CRE analytics, serving as the foundation for valuation and portfolio management. The September 2024 launch of ARGUS InteMergers demonstrates that even public companies are driving innovation in PropTech. The new platform addresses the critical need for real-time portfolio performance analytics in an increasingly complex CRE market.
Valuation: $2.7B market cap | Founded: 2005
Recent Funding: ARGUS InteMergers (September 2024)
Movingdoors provides tech-enabled serviced apartments, applying PropTech solutions to the extended-stay accommodation market. The platform operates in the space between hotels and traditional apartments, offering technology-driven solutions for extended stays.
Movingdoors is bringing PropTech innovation to a category that sits between hotels and apartments, addressing the growing demand for extended-stay accommodations. The seed funding from multiple strategic investors demonstrates market validation and growth potential in a unique niche. Support from Genesis Venture, Uni.fund, and Venteri Capital provides both capital and strategic guidance for early-stage growth.
Valuation: Early-stage ($10–15M est.) | Founded: 2019
Recent Funding: $1.3M Seed (January 2024)
The PropTech sector is experiencing unprecedented growth, driven by several key trends that are reshaping the real estate industry. The $36.55 billion global market in 2024 reflects the industry's rapid digital transformation, with AI adoption accelerating across all categories.
AI is no longer a niche application but a core enabler of efficiency and scalability. As CRETI notes, "The $3.2 billion invested in AI-based proptech startups in 2024 underscores a pivotal shift in how technology is reshaping the real estate industry."
For PropTech companies looking to capitalize on these trends, sophisticated go-to-market strategies are essential. Platforms like Landbase's VibeGTM interface enable PropTech innovators to build targeted audiences using natural-language prompts like "Property managers using Yardi or AppFolio who are also investing in ESG compliance" or "Construction firms with active projects in California that use Procore or Autodesk."
This list highlights the fastest-growing PropTech companies based on four key criteria:
The ranking methodology weighted funding amount/growth (35%), innovation/technology leadership (25%), market impact/scale (20%), and strategic validation (20%) to ensure a comprehensive assessment of growth trajectory.
For PropTech companies competing in this rapidly evolving market, building targeted audiences is critical for success. The 15 companies featured in this list serve diverse segments—from multifamily and commercial real estate to construction and short-term rentals—each requiring specific go-to-market approaches.
Platforms like Landbase's company data enable PropTech companies to leverage 1,500+ unique signals across firmographic, technographic, intent, hiring, and funding data to identify their ideal customers. Whether targeting property managers using specific PMS platforms, construction firms with active projects, or CRE firms focused on ESG compliance, natural-language targeting removes the complexity of traditional database queries.
By combining real-time signals like funding rounds, hiring activity, and tech stack changes with AI-powered qualification, PropTech companies can build targeted lists in seconds instead of days, focusing their sales and marketing efforts on the highest-intent prospects.
PropTech (Property Technology) refers to the application of technology to the real estate industry to improve efficiency, reduce costs, and create new business models. The sector covers diverse areas including property management software, construction technology, commercial real estate analytics, smart building systems, real estate investment platforms, and AI-powered leasing automation. The $36.55 billion global market in 2024 demonstrates the breadth and depth of technological innovation across all real estate verticals.
PropTech companies secure funding through venture capital investments, with $4.3 billion raised in equity and debt in 2024 alone. Successful funding rounds typically demonstrate strong market validation through customer traction (like ServiceTitan's 8,000+ customers), innovative technology (like EliseAI's domain-specific AI), or addressing large market opportunities (like Bilt Rewards' 44 million US renter households). Tier-1 VC backing from firms like SoftBank Vision Fund 2, KKR, and JLL Spark validates market potential and provides strategic advantages beyond just capital.
Traditional real estate businesses benefit from PropTech solutions through improved operational efficiency, better customer experiences, and data-driven decision-making. Companies like ServiceTitan help contractors manage field service operations more efficiently, while EliseAI reduces leasing agent workload by 80%. PropTech solutions also enable better compliance with regulations like ESG requirements through platforms like Infogrid, and create new revenue opportunities through innovative models like Pacaso's fractional ownership. The result is increased profitability, improved customer satisfaction, and enhanced competitive positioning.
AI is being used by the fastest-growing PropTech companies to automate routine tasks, provide predictive insights, and create personalized experiences. $3.2 billion was invested in AI-powered PropTech startups in 2024, with companies like EliseAI using domain-specific AI to handle leasing inquiries with 80% workload reduction, and Blue Wall Technology using generative AI for property marketing automation. OpenSpace uses AI to create digital twins of construction sites, while Infogrid applies AI to building sensor data for predictive maintenance and ESG compliance reporting.
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