Real - estate tech has become hot property for VC funds . Struggling to raise seed funding when it launched in 2012 , coworkspace operator Industrious was forced to tap friends and family for $ 8 m . Last year, the sector’s funding hit $1.05 billion — a record high and 30 percent more than in 2016, according to JLL. By early 2016 , two rounds later , it had raised a total of $ 142 m and had a list of VC funds keen to invest in the sector . Industrious is one of hundreds emerging from the explosion of interest in real - estate venture investment . From 2012 to 2018 , investment in US real - estate tech leapt from $ 44.7 m to $ 5.7bn , according to Pitchbook , as VC funds exclusively devoted to the sector emerged and family real - estate investors created their own VC vehicles .
Real - estate tech has become hot property for VC funds . Struggling to raise seed funding when it launched in 2012 , coworkspace operator Industrious was forced to tap friends and family for $ 8 m . By early 2016 , two rounds later , it had raised a total of $ 142 m and had a list of VC funds keen to invest in the sector . Industrious is one of hundreds emerging from the explosion of interest in real - estate venture investment . From 2012 to 2018 , investment in US real - estate tech leapt from $ 44.7 m to $ 5.7bn , according to Pitchbook , as VC funds exclusively devoted to the sector emerged and family real - estate investors created their own VC vehicles .