Finance

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

By , 2018-04-13T00:00:00

Proptech

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?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue