An Overview of the Capital Raising Activities Among Proptech Firms
DOI:
https://doi.org/10.33423/jabe.v25i2.6101Keywords:
business, economics, Proptech, real estate, raising capital, diversityAbstract
This article presents an overview of the capital raising activities among property/real estate technology (i.e. Proptech) firms. This overview highlights the strengths and weaknesses of the Proptech sector in recent years. This article provides a detailed summary and description of how the capital raising activities distribute across different Proptech categories and geographic locations in different market conditions. The authors find that the capital-raising activities in Proptech have cooled down despite the rising real estate prices last year. The authors hope that this review can present a more comprehensive picture of the Proptech development and attract more researchers to investigate the costs and benefits of Proptech to the real estate markets. This research contributes to the understanding of Proptech sector more comprehensively by utilizing a unique hand-collected dataset. The results present a different perspective on the recent trends of Proptech firms as they feature both the promising trends and concerning issues within the field.