US investor and start-ups are more bullish on the proptech market than entrepreneurs, according to a Q4 report from real estate technology network MetaProp. The report, which was released today, found that investors have been buying into the space at an unprecedented rate, with $17.7 million in investments made by venture capital firms this quarter. Meanwhile, entrepreneurs are cited as cautious on funding availability and exit opportunities.
US investor and start-ups are more bullish on the proptech market than entrepreneurs, according to a Q4 report from real estate technology network MetaProp. In 2017, 92% of proptech investors expect to match or exceed the number of investments made this year, 63% of start-ups expect to at least double revenues and 57% of those surveyed anticipate more M&A in the sector. Meanwhile, entrepreneurs are cited as cautious on funding availability and exit opportunities.