Global funding for proptech sector grew to £8.5bn in 2017


Source: Shutterstock/Mr. Cheangchai Noojuntuk

Proptech investors say trend for fewer larger funding deals reflects transition to ‘more established’ market.

Proptech funding has grown rapidly in recent years, reflecting the growing size and importance of the sector.

“From 2012 through 2017, the funding compound annual growth rate was a whopping 63%, and the 2017 total was the highest on record,” said Nathan Pacer, Venture Scanner’s co-founder and chief research officer.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue