(It also led another $500 million round for WeWork last month.) Real-estate tech has become hot property for VC funds. Struggling to find seed funding when it launched in 2012 , coworkspace operator Industrious was forced to tap friends and family for $8m . By 2012 to 2017 , two rounds later, it had raised a total of $ 44.7 m and had a list of two funds keen to invest in the sector. Industrious is one of 64 benefiting from the explosion of interest in real-estate venture investment. From 2012 , 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 companies created their own VC vehicles.
Real-estate tech has become hot property for VC funds. Struggling to find seed funding when it launched in 2012 , coworkspace operator Industrious was forced to tap friends and family for $8m . By 2012 to 2017 , two rounds later, it had raised a total of $ 44.7 m and had a list of two funds keen to invest in the sector. Industrious is one of 64 benefiting from the explosion of interest in real-estate venture investment. From 2012 , 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 companies created their own VC vehicles.