Which startups have raised the most funding in the Prop Tech market?

Last updated: 9 June 2026

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The Prop Tech market has become one of the largest venture-backed real estate categories, with startups covering marketplaces, property software, smart buildings, hospitality systems, rental tools, and real estate data.

This list ranks the top Prop Tech startups by cumulative funding raised, and we update this list every month to keep the data fresh.

The ranking shows a market where a few very large platforms capture a major share of capital, while dozens of focused software and data companies have built meaningful scale with less funding.

And if you want to better understand this new industry, you can download our pitch covering the Prop Tech market.

A quick summary table

Metric Value
Most funded Prop Tech startup Airbnb, with $6.8B raised
Second most funded Prop Tech startup Opendoor, with $2.3B raised
Largest Prop Tech funding round Airbnb’s $3.5B IPO round in December 2020
Median Prop Tech funding About $138M across the ranked startups
Share of funding captured by the top 10 About 54% of total funding in this dataset
Median time since last round Roughly 4.5 years, with many last rounds clustered around 2021 and 2022
Startups that raised funding in the last 12 months About 12 startups, based on disclosed month-level funding dates
Active Prop Tech startups in the ranking 71 startups are still active
Prop Tech startups with more than $500M raised 13 startups crossed the $500M funding mark
Prop Tech exit and shutdown count 6 IPOs, 14 acquisitions, and 4 shutdowns
Chart illustrating yearly VC funding for proptech startups

This chart, included in our Prop Tech market deck, illustrates yearly VC funding for proptech startups

Top startups in the Prop Tech market ranked by total funding raised

Here is an updated table that ranks the top startups in the Prop Tech market based on the total amount of funding they have raised to date.

The table also includes the total number of funding rounds, the date and size of the latest round, the financing type (e.g. Series A, equity financing), key investors, the startup’s current status (active, IPO, acquired, or shut down), and a confidence score based on the data collected (we excluded startups with very low data confidence, to make sure everything is reliable).

If you're interested in knowing how much these startups are worth, you can check our list of the top startups in the Prop Tech market ranked by valuation.

# Startup What They Do Total Raised ($) Total Rounds Last Round Date Last Round Amount ($) Last Round Type Key Investors Current Stage Confidence
1 Airbnb Short-term stay marketplace $6.8B 9 December 2020 $3.5B IPO Public investors IPO Strong
2 Opendoor Digital home buying platform $2.3B 8 December 2020 $1.0B SPAC/PIPE Social Capital Hedosophia II, BlackRock, HOOPP IPO Strong
3 Compass Real estate brokerage platform $2.0B 9 April 2021 $450M IPO Public investors IPO Strong
4 Vacasa Vacation rental property management $970M 6 December 2021 $340M SPAC/PIPE TPG Pace Solutions, TPG, institutional investors Acquired Strong
5 PropertyGuru Southeast Asian property marketplace $946M 6 March 2022 $254M SPAC/PIPE Bridgetown 2, Baillie Gifford, REA Group Acquired Partial
6 Sonder Apartment-hotel operator $840M 8 January 2022 $310M SPAC/PIPE Gores Metropoulos II, Fidelity, BlackRock Shutdown Partial
7 Property Finder MENA real estate classifieds portal $837M 5 January 2026 $170M Strategic Equity Mubadala, UAE sovereign wealth fund, BECO Capital Active Strong
8 Loft Brazilian digital home marketplace $788M 5 April 2021 $100M Series D-2 Baillie Gifford, Tarsadia Capital, Flight Deck Active Strong
9 QuintoAndar Brazilian rentals marketplace $755M 7 December 2022 N/A Strategic equity Grupo Globo Active Strong
10 Entrata Multifamily property management software $707M 2 May 2025 $200M Minority growth investment Blackstone, Silver Lake, Dragoneer Active Strong
11 Latch / DOOR Smart building access platform $642M 5 June 2021 $490M SPAC / PIPE Tishman Speyer, TS Innovation, PIPE investors IPO Partial
12 Mews Hospitality operating system $635M 5 January 2026 $300M Series D EQT Growth, Atomico, HarbourVest Partners Active Strong
13 SmartRent Smart apartment automation platform $599M 5 August 2021 $500M SPAC / PIPE Fifth Wall, Starwood Capital, Lennar IPO Strong
14 Guesty Short-term rental management software $409M 7 April 2024 $130M Series F KKR, Inovia Capital, Apax Funds Active Full
15 Matterport 3D digital twin platform $407M 7 July 2021 $295M PIPE / Public Equity Tiger Global, Senator Investment Group, Dragoneer Acquired Strong
16 EliseAI AI leasing automation $392M 6 August 2025 $250M Series E Andreessen Horowitz, Bessemer Venture Partners, Sapphire Ventures Active Strong
17 Roofstock Single-family rental investing marketplace $373M 6 March 2022 $240M Series E SoftBank Vision Fund 2, Khosla Ventures, Lightspeed Active Strong
18 Juniper Square Private markets fund software $369M 6 June 2025 $130M Series D Ribbit Capital, Fifth Wall, Redpoint Active Strong
19 Divvy Homes Rent-to-own homeownership platform $363M 4 August 2021 $200M Series D Tiger Global, Caffeinated Capital, Andreessen Horowitz Acquired Strong
20 NoBroker Broker-free property marketplace $361M 7 November 2021 $210M Series E General Atlantic, Tiger Global, Moore Strategic Ventures Active Full
21 Habi Latin American home transaction platform $316M 4 May 2022 $200M Series C Homebrew, SoftBank Latin America Fund Active Full
22 Vantaca HOA management software $305M 3 October 2025 $300M Growth / Private Equity Cove Hill Partners, JMI Equity Active Partial
23 VTS Commercial real estate leasing platform $302M 7 September 2022 $125M Series E CBRE, BentallGreenOak, Brookfield Ventures Active Full
24 HomeLight Agent matching and homebuying tools $299M 8 August 2024 $20M Series D Extension Zeev Ventures, Stereo Capital, Menlo Ventures Active Strong
25 Pacaso Co-owned luxury vacation homes $290M 4 October 2025 $73M Reg A+ equity Individual Reg A+ investors Active Strong
26 Blueground Furnished flexible apartment rentals $273M 6 March 2024 $45M Series D Susquehanna, WestCap Active Strong
27 Orchard Buy-before-sell home marketplace $268M 6 February 2026 $30M Growth Equity Existing investors Active Strong
28 Placer.ai Location analytics platform $268M 7 July 2024 $75M Series D / Growth Josh Buckley, WndrCo, Fifth Wall Active Strong
29 Side Brokerage platform for top agents $260M 4 June 2021 $50M Growth / Series D extension Tiger Global Management, ICONIQ Capital, D1 Capital Partners Active Partial
30 Cloudbeds Hotel management software platform $253M 8 November 2021 $150M Series D SoftBank Vision Fund 2, Viking Global, PeakSpan Active Partial
31 Landing Flexible furnished apartment memberships $237M 5 August 2022 $75M Series C Delta-v Capital, Greycroft, Foundry Active Partial
32 Density Workplace occupancy analytics sensors $225M 6 November 2021 $125M Series D Kleiner Perkins, Altimeter Capital, 01 Advisors Active Partial
33 Alfred Resident experience platform $220M 5 March 2022 $125M Growth / Venture Rialto Capital, NEA, FJ Labs Active Strong
34 Lessen Property maintenance services marketplace $214M 3 November 2021 $170M Series B Fifth Wall, Khosla Ventures, General Catalyst Active Full
35 Flyhomes Cash-offer homebuying platform $208M 5 July 2025 $15M Series D Andreessen Horowitz, Norwest Venture Partners, Battery Ventures Active Strong
36 Landis Rent-to-own homeownership coaching $205M 2 October 2022 $40M Series B GV, Sequoia Capital, Arrive Active Partial
37 Mynd Single-family rental investment platform $205M 8 July 2023 $30M Venture / growth Invesco Real Estate, QED Investors, Lightspeed Acquired Strong
38 HqO Workplace experience operating system $200M 7 October 2023 $50M Series D Koch Real Estate, Accomplice, Insight Partners Active Partial
39 Casavo European digital home-selling platform $194M 6 July 2022 $102M Series D Exor, Neva SGR, Endeavor Catalyst Active Strong
40 Measurabl Real estate ESG software $180M 9 June 2025 $7M Convertible Note Undisclosed, Salesforce Ventures, Constellation Active Partial
41 Zumper Apartment rental marketplace $180M 7 August 2022 $30M Series D extension Kleiner Perkins, Goodwater Capital, Headline Active Strong
42 Hostaway Vacation rental management software $175M 1 May 2023 $175M Growth equity PSG Equity Active Full
43 Apartment List Apartment rental search marketplace $163M 8 January 2021 $10M Strategic extension Janus Henderson, Matrix Partners, Canaan Partners Active Strong
44 Clikalia Digital home buying and selling $156M 3 February 2022 $86M Series C-1 SoftBank Vision Fund 2, Fifth Wall, Luxor Capital Active Partial
45 Bungalow Managed shared rental marketplace $143M 5 August 2021 $75M Series C Deer Park Road, Atomic, Coatue Active Strong
46 PassiveLogic Autonomous building controls $141M 5 September 2025 $74M Series C noa, Prologis Ventures, Johnson Controls Active Partial
47 Knock Buy-before-sell financing platform $138M 7 February 2024 $15M Equity Crowdfunding / Venture Second Century Ventures, Foundry Venture Capital Active Partial
48 Plentific Property repairs management platform $138M 4 August 2021 $100M Series C Highland Europe, Brookfield Technology Partners, Mubadala Active Strong
49 Sundae Distressed-home sale marketplace $135M 3 July 2021 $80M Series C Fifth Wall, General Global Capital, QED Investors Active Full
50 Cadre Online real estate investing platform $133M 3 June 2017 $65M Series C Andreessen Horowitz, Goldman Sachs, Khosla Ventures Acquired Strong
51 HouseCanary Residential valuation analytics $129M 3 February 2020 $65M Series C Morpheus Ventures, Alpha Edison, PSP Growth Active Strong
52 Reonomy CRE property intelligence data $128M 6 November 2019 $60M Series D Georgian Partners, Wells Fargo Strategic Capital, Citi Ventures Acquired Strong
53 Housing.com Indian online property listings portal $127M 5 January 2016 $15M Follow-on Equity SoftBank Acquired Partial
54 Zeus Living Furnished flexible rentals $127M 5 October 2021 $55M Series C SIG, Initialized Capital, NFX Shutdown Partial
55 Rhino Deposit insurance platform $122M 4 January 2023 $5M Venture / Extension Tiger Global Management, Kairos, Lakestar Active Partial
56 Infogrid Smart building intelligence $119M 3 April 2024 $13M Series B extension Keyframe Capital, A/O, Northzone Active Strong
57 Common Co-living housing operator $113M 4 September 2020 $50M Series D Kinnevik, Maveron, 8VC Shutdown Strong
58 EasyKnock Residential sale-leaseback platform $110M 5 February 2024 $28M Series D Northwestern Mutual, QED Investors, Gaingels Shutdown Strong
59 Funnel Leasing Multifamily leasing CRM $110M 8 October 2023 $32M Series B-2 RET Ventures, Trinity Ventures, Camber Creek Active Partial
60 ButterflyMX Cloud property access systems $109M 7 January 2025 N/A Growth equity FTV Capital Active Partial
61 Rentberry Digital rental transaction platform $109M 6 September 2024 $90M Series A Berkeley Hills Capital, GTM Capital Active Partial
62 Huspy Home-buying and mortgage platform $106M 4 July 2025 $59M Series B Balderton Capital, Peak XV, Turmeric Capital Active Partial
63 Belong Rental management marketplace $105M 4 May 2022 $50M Series C Fifth Wall, Battery Ventures, a16z Active Strong
64 Cherre Real estate data management $105M 4 September 2024 $30M Series C HighSage Ventures, Nuveen Real Estate, RXR Active Partial
65 PropTiger Indian residential brokerage marketplace $97M 4 January 2017 $55M Strategic Equity REA Group, SoftBank, News Corp Acquired Partial
66 Spotahome Mid-term rental marketplace $91M 5 April 2025 $6M Strategic / Series B extension Actyus, Passion Capital, Kleiner Perkins Active Partial
67 99 Group Southeast Asian property portals $89M 6 March 2023 $11M Series C extension Gaw Capital, OCBC NISP Ventura Active Partial
68 Limehome Digital serviced apartment operator $86M 4 November 2022 $45M Growth / Series B AW Rostamani Group, Capital Four, Lakestar Active Partial
69 Buildium Property management SaaS $85M 3 June 2016 $65M Series B / growth Sumeru Equity Partners, K1, Management Acquired Strong
70 VergeSense Workplace occupancy analytics $83M 5 November 2021 $60M Series C Scale Venture Partners, DivcoWest, Tola Capital Active Full
71 CompStak Commercial real estate data $78M 8 November 2021 $50M Series C Morgan Stanley Expansion Capital, Mitsui Fudosan, Crow Holdings Active Strong
72 Square Yards Integrated real estate transaction platform $78M 4 November 2025 $35M Equity / Series B Smilegate VC, existing investors Active Partial
73 Habyt Flexible co-living rental platform $71M 4 October 2023 $45M Series C Korelya Capital, Deutsche Invest, Exor Ventures Active Partial
74 Jetty Renter financial services $64M 6 May 2022 N/A Strategic Equity PayPal Ventures, Experian Ventures, Flourish Ventures Acquired Partial
75 LeaseLock Lease insurance platform $64M 5 February 2023 $1M Secondary / Venture Westerly Winds, Wildcat Venture Partners, SoftBank Ventures Asia Active Strong
76 Dealpath Real estate deal management software $62M 8 September 2022 $43M Series C Morgan Stanley, Blackstone, Nasdaq Ventures Active Partial
77 Housfy Digital residential services platform $57M 6 May 2022 $32M Series B Frog Capital, A/O PropTech, DN Capital Active Strong
78 Lamudi Emerging-market property listings portal $56M 3 February 2016 $31M Venture Round Asia Pacific Internet Group, Holtzbrinck Ventures, Tengelmann Ventures Acquired Strong
79 Obligo Deposit-free renting $56M 3 November 2021 $35M Series B 83North, HighSage Ventures, 10D Active Full
80 Fundrise Direct private real estate investing $54M 7 August 2021 $3M Series A / Company Equity Renren, Collaborative Fund, Guggenheim Partners Active Partial
81 RealtyMogul Real estate crowdfunding marketplace $50M 5 June 2019 $5M Later-stage equity Canaan Partners, Sorenson Capital Active Partial
82 CREXi Commercial real estate marketplace $45M 3 January 2020 $30M Series B Mitsubishi Estate, Industry Ventures, Prudence Active Full
83 Houm LatAm rent and sale marketplace $45M 3 November 2021 $35M Series A Goodwater Capital, Fifth Wall, OneVC Active Strong
84 Nomad Homes EMEA residential buying marketplace $44M 3 October 2023 $20M Series A extension Acrew Capital, 01 Advisors, Partech Active Strong
85 HousingAnywhere Mid-term rental marketplace $42M 4 January 2021 $29M Series C VNV Global, Real Web, Ergeny Investments Active Strong
86 PriceHubble Residential valuation analytics $34M 3 July 2021 $34M Series B Digital+ Partners, Latitude Ventures, TX Ventures Active Partial
87 AppFolio Property management SaaS $30M 3 August 2009 $8M Series C IGSB, Cisco Investments, Headline IPO Strong
88 RentSpree Rental transaction software $28M 4 August 2022 $17M Series B Green Visor Capital, Rally Ventures, 645 Ventures Active Full
89 Casafari European real estate data $21M 2 July 2021 $15M Series A Prudence Holdings, Armilar, Lakestar Active Strong
90 Local Logic Location intelligence for real estate $19M 3 August 2023 $13M Series B GroundBreak Ventures, Investissement Québec, Cycle Capital Active Partial
91 OfficeRnD Flexible workspace management software $17M 5 October 2023 N/A Strategic growth investment Blue Star Innovation Partners Active Partial
92 Prophia CRE lease data automation $15M 3 December 2022 $10M Series A Cercano Management, SignalFire, customer investors Active Partial
93 Lane Workplace experience platform $13M 2 June 2020 $10M Series A Round13 Capital, Alate Partners, Panache Ventures Acquired Strong
94 TurboTenant Landlord management software $10M 5 October 2024 N/A Growth / Series A LLR Partners, RET Ventures, Access Venture Partners Active Partial
95 Follow Up Boss Real estate CRM platform $0 0 N/A N/A N/A N/A Acquired Full
Market map chart showing top companies and startups in the proptech market

This market map, featured in our Prop Tech market deck, highlights top companies and startups in the proptech market

Key funding trends in the Prop Tech market

Insights

  • The Prop Tech market is highly concentrated, since Airbnb, Opendoor, and Compass alone raised about $11.1B, which is more than one third of all funding in this ranking.
  • The top 10 Prop Tech startups captured about 54% of total funding, showing how marketplace scale, public listings, and large balance-sheet models can dominate capital flows.
  • Active private Prop Tech leaders are still raising large rounds, with Property Finder, Mews, Orchard, EliseAI, Flyhomes, Juniper Square, Vantaca, Pacaso, PassiveLogic, Square Yards, and Huspy all raising since mid-2025.
  • Latin American real estate platforms form one of the strongest regional clusters, with Loft, QuintoAndar, Habi, Casavo, and Houm together raising more than $2.0B.
  • Hospitality and flexible-stay Prop Tech is now a major software category, with Mews, Guesty, Blueground, Hostaway, Cloudbeds, and HousingAnywhere together raising more than $1.5B.
  • AI and automation are becoming more central to Prop Tech funding, with EliseAI reaching $392M raised and PassiveLogic reaching $141M after a large 2025 Series C.
  • Operationally heavy housing models remain risky, since Sonder, Zeus Living, Common, and EasyKnock all shut down after raising meaningful capital.
  • Vertical SaaS Prop Tech companies often appear more capital-efficient than marketplaces, with AppFolio, Buildium, LeaseLock, Dealpath, Funnel Leasing, and RentSpree raising far less than the largest transaction platforms.
Google Trends chart showing rising interest in proptech

As this chart shows, and as featured in our Prop Tech market deck, search interest in proptech has been climbing steadily

A few word about our methodology

As you can see, we built a database that ranks startups in the Prop Tech market based on their total cumulative fundraising. To create this ranking, we reviewed many sources and cross-checked information across multiple places.

Whenever possible, we prioritized official company communications, since they are the most reliable source for funding amounts. When those were not available, we relied on reputable industry sources such as TechCrunch, Crunchbase, Financial Times or Forbes (to name a few).

We excluded random blogs, unverified websites, and any sources that could not be validated.

When funding rounds were announced in other currencies such as euros, Swiss francs, Singapore dollars, Australian dollars, or rupees, we converted them into approximate USD equivalents for consistency.

Sometimes different sources report slightly different numbers, or the exact round size is not fully disclosed. In those cases, we flag the uncertainty and assign a confidence label to each startup, visible in the last column.

Here is what they mean.

Full confidence: The company’s equity fundraising history can be reconstructed completely from public sources. The rounds, dates, amounts, and key investors are clearly identified, with no meaningful gaps.

Strong confidence: The fundraising history is largely complete and reliable. There may be a small missing detail, such as incomplete investor information or a minor round with limited data, but the overall record is clear.

Partial confidence: The main fundraising rounds can be identified, but the record is incomplete or somewhat mixed. Some rounds may be missing or certain funding events may be difficult to separate clearly.

Low confidence: Public information is too limited, inconsistent, or ambiguous to reliably reconstruct the company’s equity fundraising history.

When the confidence level is too low, we take a conservative approach and exclude the company from the ranking. We don’t want to include data that cannot be reliably verified.

This reflects how we conduct all our research, including the work behind our report covering the Prop Tech market.

In a world where LLMs hallucinate and unreliable information is everywhere, our goal is simple: provide data you can trust.

If you want the full detail on a specific calculation, feel free to contact us and we will gladly explain.

Finally, know that we update the dataset once per month, so come back here if you need fresh information.

Chart showing AppFolio strategy in the proptech market

This chart, included in our Prop Tech market deck, looks at Compass’s strategy in proptech

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