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Procore’s Tooey Courtemanche, REEF Technologies’s Ari Ojalvo, Pacaso’s Spencer Rascoff and Sonder’s Francis Davidson (Procore, CoMotion Miami, Getty, Sonder, iStock)
Some got bailouts, others got boosters but across the board, proptech firms continued to reel in cash in 2020 as the pandemic forced the slow-to-adapt real estate industry to fully embrace technology.
As tech stocks led Wall Street’s recovery this spring, private investors also pulled out their checkbooks to fund hospitality startups and companies looking to digitize the home-buying process, from searches to securing titles.
SoftBank continued to double down on real estate tech. Other prolific investors included proptech-focused funds such as Navitas Capital and Zigg Capital, as well as generalist investors like Founders Fund and Greycroft.
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