July 24, 2021

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See the pitch decks that buzzy real estate and construction tech startups used to raise millions from top VCs – Markets Insider

Cove.system cofounders (from left) Daniel Chopson, Sandeep Ahuja, and Patrick Chopson assembleed a p.......

Cove.system cofounders (from left) Daniel Chopson, Sandeep Ahuja, and Patrick Chopson assembleed a platform that drastically cuts down the Interval of time it takes To evaluation a constructing’s power effectivity. They raised $5.7 million.

  • Proptech corporations have been already scorching, However the pandemic lured extra VCs to Pay money for them than ever earlier than.
  • Exact property and enchancment tech models turned important to many companies as quickly as they went distant.
  • These pitch decks reveal how 16 completely different startups pitched their visions and merchandise to buyers.
  • See extra tales on Insider’s enterprise Website.

The actual property and enchancment industries are current process A critical tech transformation, as startups touting every thing from on-line house-buying for to interactive office administration Computer software appeal to hundreds of hundreds of dollars in enterprise funding.

Whereas the property know-how space, Usually acknowledged as proptech, grew in measurement and dollars raised yr over yr, it has exploded By way of the pandemic. Stragglers who hadn’t but adopted digital workflows have been pressured to, and enterprise capitaitemizings have been pouring money into the corporations offering compelling new merchandise in residential real property, enterprise real property, enchancment tech, and brief-time period leases and hospitality.

Insider has collected 16 pitch decks that In all probability the most revenueable corporations have used To Increase funding from VCs And private equity corporations.

Take A look at The complete assortment under. And bookmark this Website, as a Outcome of We’ll proceed to replace it with new pitch decks.

Residential real property

Andrew Luong (left) and Justin Kasad, who raised $2.5 million For his or her single-household rental startup Doorvest.

Residential real property, Greater than One other half of the market, has been on hearth By way of the pandemic, with house prices and rents in virtually every nook of the nation skyrocketing. Venture funding into the tech that powers the enterprise – and assists take it on-line and streamline previously tedious processes – has adopted. Startups that assist buyers buy and handle houses from afar, models for residential brokers and leasing brokers, and digital closing corporations that digitize paper-heavy real property transactions have all raised spectacular sums.

Commercial real property

Nick Gayeski, cofounder and CEO of Clockwork Analytics, which raised $8 million for its platform that screens constructing air flow.

Regardless of The very Incontrovertible actuality that COVID-19 has left many offices halfially crammed and retail shops vacant, startups that assist corporations make their spaces virus-protected – by, say, maintaining monitor of social distancing or monitoring constructing air flow – turned terribly important. Firms that promised To Scale again friction (and prices) in day-to-day operations by digitizing them additionally appeal toed enterprise funding.

Construction tech

Mosaic cofounder and CEO Salman Ahmad works on methods To assemble houses faster and cheaper. He raised $14 million final yr.

The pandemic boosted conventional enchancment corporations’ curiosity Inside the extreme-tech nook of the sector. Startups that make digital models to handle worksites from afar all of a sudden turned indispensable, while The current housing briefage launched A lot extra consideration to corporations That are creating methods To assemble faster and extra cheaply.

Short-time period leases and hospitality

Founder and CEO Roman Pedan raised $30 million for his brief-time period rental startup Kasa.

Early Inside the pandemic, hospitality companies stalled as journey halted throughout the globe. Once issues opened again up, brief-time period rental corporations with rural places or a presence in smaller cities started to see the reservations – and funding – pour in. As a vaccinated journey progress looms, the tech-allowd corporations rivaling Airbnb that allow versatile tourism, digital nomadism, and distant work are poised To revenue.