What are the most valued startups in the Prop Tech market?

Last updated: 13 July 2026

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market research pitch 2026 statistics Prop Tech market

In our Prop Tech market deck, you will find everything you need to understand the market

The Prop Tech market includes real estate marketplaces, property management software, building technology, data platforms and digital transaction tools.

This ranking compares 96 Prop Tech companies using their latest reported or estimated valuations.

We update this list every month to reflect public-market movements, funding rounds, acquisitions and new operating data.

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 valuable Prop Tech company Airbnb, $86.9B
Second most valuable Prop Tech company Compass, $9.3B
Median Prop Tech valuation Approximately $313M
Share of Prop Tech valuation captured by the top 10 Approximately 74.6%
Top Prop Tech valuation versus the median Approximately 278 times
Median Prop Tech valuation-to-capital-raised ratio Approximately 3.1 times
Prop Tech companies valued at $1B+ 29
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

Top startups in the Prop Tech market ranked by valuation

Here is an updated table that ranks the top startups in the Prop Tech market based on their latest reported or estimated valuations.

If you want more detaild about their fundraising activity, you can check our list of the startups who have raised the most funding in the Prop Tech market.

# Startup Name What They Do Current Valuation ($) Valuation Confidence Level Valuation Type Evidence Status Total Funding ($) Funding Confidence Level
1 Airbnb Short-term stay marketplace $86.9B Full Confidence Public Market Cap Observed $6.7B Full Confidence
2 Compass Real estate brokerage platform $9.3B Full Confidence Public Market Cap Observed $2.0B Full Confidence
3 AppFolio Property management SaaS $6.3B Full Confidence Public Market Cap Observed $30M Full Confidence
4 Opendoor Online home buying platform $4.6B Full Confidence Public Market Cap Observed $3.2B Strong Confidence
5 Entrata Multifamily property operating system $4.0B–$4.8B Strong Confidence Announced Private Round Valuation Estimated $707M Strong Confidence
6 QuintoAndar Latin American rental marketplace $3.0B–$5.0B Partial Confidence Announced Private Round Valuation Estimated $755M Strong Confidence
7 Loft Brazilian digital property marketplace $2.6B–$3.2B Strong Confidence Comparables-Based Estimate Estimated $788M Strong Confidence
8 Mews Hotel management operating system $2.5B Full Confidence Announced Private Round Valuation Observed $635M Strong Confidence
9 EliseAI AI leasing and resident automation $2.2B–$2.5B Strong Confidence Announced Private Round Valuation Observed $392M Partial Confidence
10 Lessen Property maintenance services platform $2.1B–$2.4B Strong Confidence Announced Private Round Valuation Observed $205M Partial Confidence
11 Property Finder MENA property listings marketplace $1.9B–$2.2B Strong Confidence Announced Private Round Valuation Observed $835M Strong Confidence
12 Storable Self-storage management software $2.0B Strong Confidence Acquisition Value Observed $325M Low Confidence
13 Roofstock Rental-property investment marketplace $1.6B–$2.0B Partial Confidence Revenue or ARR Multiple Estimate Estimated $373M Strong Confidence
14 VTS Commercial real estate software $1.5B–$1.9B Strong Confidence Comparables-Based Estimate Estimated $304M Full Confidence
15 Matterport Property 3D digital-twin platform $1.6B Full Confidence Acquisition Value Observed $163M Strong Confidence
16 Placer.ai Physical-location traffic analytics $1.4B–$1.7B Strong Confidence Announced Private Round Valuation Observed $241M Strong Confidence
17 Cloudbeds Unified hotel management software $1.2B–$1.7B Partial Confidence Revenue or ARR Multiple Estimate Estimated $253M Strong Confidence
18 Square Yards Integrated property and mortgage platform $1.3B–$1.6B Strong Confidence Announced Private Round Valuation Observed $84M Partial Confidence
19 Vantaca HOA management software $1.3B Full Confidence Announced Private Round Valuation Observed $305M Partial Confidence
20 HomeLight Agent and homebuying marketplace $1.0B–$1.4B Partial Confidence Comparables-Based Estimate Estimated $299M Strong Confidence
21 Juniper Square Private-markets fund operations software $1.1B–$1.3B Strong Confidence Announced Private Round Valuation Observed $369M Strong Confidence
22 PropertyGuru Southeast Asian property portal $1.1B Strong Confidence Acquisition Value Observed $895M Partial Confidence
23 Habi Latin American housing marketplace $900M–$1.2B Partial Confidence Revenue or ARR Multiple Estimate Estimated $316M Strong Confidence
24 Guesty Short-term rental management software $900M–$1.2B Strong Confidence Revenue or ARR Multiple Estimate Estimated $409M Full Confidence
25 Density Workplace occupancy analytics sensors $900M–$1.2B Strong Confidence Revenue or ARR Multiple Estimate Estimated $217M Strong Confidence
26 Divvy Homes Rent-to-own homeownership platform $950M–$1.1B Strong Confidence Acquisition Value Observed $390M Partial Confidence
27 NoBroker Brokerage-free property marketplace $900M–$1.1B Strong Confidence Announced Private Round Valuation Estimated $368M Partial Confidence
28 Hostaway Vacation rental management software $900M–$1.1B Strong Confidence Announced Private Round Valuation Estimated $543M Strong Confidence
29 Rentberry Digital long-term rental marketplace $900M–$1.1B Partial Confidence Active Raise Valuation Implied $118M Partial Confidence
30 Side Brokerage platform for realtors $700M–$1.1B Partial Confidence Comparables-Based Estimate Estimated $263M Partial Confidence
31 Pacaso Vacation home co-ownership $800M–$950M Partial Confidence IPO or Listing Range Valuation Implied $290M Strong Confidence
32 Blueground Furnished flexible rentals $700M–$1.0B Partial Confidence Revenue or ARR Multiple Estimate Estimated $263M Partial Confidence
33 Orchard Buy-before-selling home marketplace $750M–$950M Partial Confidence Comparables-Based Estimate Estimated $255M Full Confidence
34 Clikalia Digital home buying platform $650M–$850M Partial Confidence Revenue or ARR Multiple Estimate Estimated $170M Partial Confidence
35 Rhino Security deposit insurance platform $550M–$750M Partial Confidence Comparables-Based Estimate Estimated $177M Partial Confidence
36 Buildium Property management SaaS $580M Full Confidence Acquisition Value Observed $85M Strong Confidence
37 Huspy Digital home-buying transaction platform $390M–$740M Strong Confidence Implied Valuation from Raise Implied $96M Partial Confidence
38 Fundrise Private real estate investing platform $450M–$650M Partial Confidence Proxy-Based Estimate Estimated $54M Partial Confidence
39 PassiveLogic Autonomous building controls AI $430M–$620M Strong Confidence Implied Valuation from Raise Implied $124M Partial Confidence
40 Measurabl Real estate sustainability software $400M–$520M Partial Confidence Announced Private Round Valuation Implied $180M Strong Confidence
41 ButterflyMX Cloud property access control $350M–$550M Partial Confidence Comparables-Based Estimate Estimated $109M Partial Confidence
42 Apartment List Personalized apartment search marketplace $350M–$500M Partial Confidence Revenue or ARR Multiple Estimate Estimated $163M Partial Confidence
43 Habyt Flexible housing operator $300M–$500M Partial Confidence Implied Valuation from Raise Estimated $115M Partial Confidence
44 Landing Flexible furnished apartment rentals $300M–$500M Low Confidence Comparables-Based Estimate Estimated $237M Strong Confidence
45 Mynd Single-family rental management platform $250M–$450M Low Confidence Comparables-Based Estimate Estimated $210M Partial Confidence
46 Sundae Distressed home sales marketplace $250M–$450M Low Confidence Comparables-Based Estimate Estimated $136M Full Confidence
47 Funnel Leasing Multifamily renter management software $260M–$420M Partial Confidence Revenue or ARR Multiple Estimate Estimated $83M Partial Confidence
48 Limehome Digital serviced-apartment operator $250M–$400M Partial Confidence Comparables-Based Estimate Estimated $87M Partial Confidence
49 Dealpath Real estate deal-management software $250M–$350M Partial Confidence Comparables-Based Estimate Estimated $62M Partial Confidence
50 Obligo Flexible rental deposit solutions $230M–$350M Partial Confidence Implied Valuation from Raise Implied $56M Partial Confidence
51 Zumper Apartment rental listings marketplace $220M–$350M Partial Confidence Revenue or ARR Multiple Estimate Estimated $180M Strong Confidence
52 Cadre Institutional real estate investing platform $100M–$450M Low Confidence Acquisition Value Estimated $133M Partial Confidence
53 Plentific Property maintenance management platform $180M–$320M Partial Confidence Revenue or ARR Multiple Estimate Estimated $142M Strong Confidence
54 Belong Rental home management marketplace $180M–$300M Low Confidence Implied Valuation from Raise Estimated $105M Full Confidence
55 Landis Rent-to-own homeownership coaching $180M–$300M Low Confidence Comparables-Based Estimate Estimated $222M Partial Confidence
56 Housing.com Indian property listings marketplace $180M–$260M Partial Confidence Revenue or ARR Multiple Estimate Estimated $146M Partial Confidence
57 99 Group Southeast Asian property portals $170M–$260M Partial Confidence Revenue or ARR Multiple Estimate Estimated $89M Strong Confidence
58 VergeSense Workplace utilization analytics sensors $160M–$250M Partial Confidence Revenue or ARR Multiple Estimate Estimated $83M Full Confidence
59 Reonomy Commercial property intelligence platform $202M Full Confidence Acquisition Value Observed $128M Partial Confidence
60 SmartRent Smart apartment automation platform $201M Full Confidence Public Market Cap Observed $257M Partial Confidence
61 Lane Workplace experience software $200M Strong Confidence Acquisition Value Observed $10M Strong Confidence
62 Cherre Real estate data integration $170M–$230M Partial Confidence Implied Valuation from Raise Implied $105M Full Confidence
63 Spotahome Mid-term rental marketplace $160M–$230M Partial Confidence Revenue or ARR Multiple Estimate Estimated $95M Partial Confidence
64 Housfy Digital residential brokerage services $140M–$220M Low Confidence Implied Valuation from Raise Implied $57M Partial Confidence
65 Infogrid Smart building energy analytics $130M–$210M Partial Confidence Comparables-Based Estimate Estimated $119M Strong Confidence
66 Houm LatAm rental management platform $120M–$220M Low Confidence Implied Valuation from Raise Estimated $45M Partial Confidence
67 Jetty Renter financial services platform $120M–$200M Low Confidence Proxy-Based Estimate Estimated $80M Partial Confidence
68 Crexi Commercial real estate marketplace $120M–$180M Partial Confidence Revenue or ARR Multiple Estimate Estimated $45M Full Confidence
69 LeaseLock Lease insurance deposit replacement $110M–$180M Low Confidence Comparables-Based Estimate Estimated $63M Strong Confidence
70 Nomad Homes Digital homebuying marketplace $110M–$170M Partial Confidence Implied Valuation from Raise Implied $44M Full Confidence
71 Vacasa Vacation rental management $129M Strong Confidence Acquisition Value Observed $802M Strong Confidence
72 RealtyMogul Real estate crowdfunding platform $90M–$160M Low Confidence Acquisition Value Estimated $50M Partial Confidence
73 HousingAnywhere International mid-term rental marketplace $115M–$135M Strong Confidence Comparables-Based Estimate Implied $42M Strong Confidence
74 HouseCanary Residential property valuation analytics $90M–$140M Low Confidence Revenue or ARR Multiple Estimate Estimated $130M Strong Confidence
75 Flyhomes Cash-offer homebuying tools $100M–$130M Strong Confidence Comparables-Based Estimate Estimated $208M Strong Confidence
76 CompStak Commercial real estate data $90M–$140M Partial Confidence Revenue or ARR Multiple Estimate Estimated $78M Partial Confidence
77 RentSpree Rental transaction management software $80M–$110M Partial Confidence Revenue or ARR Multiple Estimate Estimated $28M Strong Confidence
78 Equiem Tenant experience software platform $70M–$120M Low Confidence Comparables-Based Estimate Estimated $30M Partial Confidence
79 Casavo European residential property marketplace $65M–$110M Partial Confidence Implied Valuation from Raise Implied $208M Partial Confidence
80 HqO Workplace and tenant experience software $65M–$110M Low Confidence Revenue or ARR Multiple Estimate Estimated $157M Partial Confidence
81 Casafari Real estate data platform $55M–$115M Low Confidence Comparables-Based Estimate Estimated $21M Strong Confidence
82 PriceHubble AI property valuation software $65M–$100M Low Confidence Revenue or ARR Multiple Estimate Estimated $49M Partial Confidence
83 Lamudi Emerging-market property listings portal $50M–$100M Low Confidence Proxy-Based Estimate Estimated $56M Full Confidence
84 OfficeRnD Flex workspace management software $55M–$90M Low Confidence Comparables-Based Estimate Estimated $17M Partial Confidence
85 Local Logic Real estate location intelligence $50M–$90M Partial Confidence Revenue or ARR Multiple Estimate Estimated $19M Strong Confidence
86 Bungalow Managed co-living rentals $40M–$90M Low Confidence Proxy-Based Estimate Estimated $143M Strong Confidence
87 Alfred Resident services and concierge platform $40M–$90M Low Confidence Revenue or ARR Multiple Estimate Estimated $95M Strong Confidence
88 Prophia AI lease data management $45M–$70M Partial Confidence Implied Valuation from Raise Implied $28M Partial Confidence
89 Zeus Living Furnished corporate housing $20M–$60M Low Confidence Acquisition Value Estimated $125M Partial Confidence
90 Knock Home-swap financing platform $25M–$40M Partial Confidence Proxy-Based Estimate Estimated $138M Partial Confidence
91 TurboTenant Landlord property management software $25M–$40M Partial Confidence Revenue or ARR Multiple Estimate Estimated $10M Partial Confidence
92 Latch Smart access building platform $30M Full Confidence Public Market Cap Observed $342M Strong Confidence
93 PropTiger Indian homebuying advisory platform $10M Full Confidence Acquisition Value Observed $99M Strong Confidence
94 Common Co-living residential operator $0M–$10M Low Confidence Proxy-Based Estimate Estimated $113M Strong Confidence
95 EasyKnock Residential sale-leaseback platform $0M–$10M Strong Confidence Proxy-Based Estimate Estimated $127M Strong Confidence
96 Sonder Apartment-style hospitality operator $0M–$5M Low Confidence Proxy-Based Estimate Estimated $840M Partial Confidence
Chart comparing the 2026 size of the proptech market with other markets of similar size

This chart, included in our Prop Tech market deck, compares the 2026 size of the proptech market with other markets of similar size

Key valuation trends in the Prop Tech market

Insights

  • Prop Tech valuation is exceptionally concentrated. Airbnb represents about 52% of the full dataset and nearly 70% of the combined midpoint valuation of the ten largest companies.
  • The ten largest Prop Tech companies capture approximately 74.6% of total valuation, leaving the remaining 86 companies to share only about one-quarter of the market value.
  • AppFolio stands out for capital efficiency. AppFolio reached a $6.3B market capitalization after raising only $30M, producing a valuation-to-funding ratio above 200 times.
  • Prop Tech operating systems can create more value with less capital than transaction-heavy marketplaces. Entrata and Mews hold about $6.9B in combined value after raising approximately $1.3B.
  • Mews, Guesty and Hostaway represent around $4.6B in combined hospitality software value against roughly $1.6B of funding, showing the appeal of recurring operational software.
  • Prop Tech data and workflow platforms remain valuable across property cycles. Placer.ai, VTS, Juniper Square and Density carry approximately $5.5B in combined midpoint valuation.
  • Asset-light software exits have produced strong returns. Lane achieved a $200M acquisition value on $10M of funding, while Matterport reached $1.6B after raising $163M.
  • Operationally intensive Prop Tech models show much greater downside risk. Vacasa raised $802M but sold for $129M, an acquisition value approximately 84% below cumulative funding.
  • Several distressed housing platforms are worth less than the capital invested. Flyhomes, Latch, EasyKnock and Sonder illustrate how financing risk, regulation and operating costs can erase equity value.
  • The median Prop Tech company is valued at approximately $313M, while Airbnb is worth about 278 times that amount, confirming a large gap between the market leader and a typical company.
Chart showing AppFolio strategy in the proptech market

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

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 current valuation.

Estimating Prop Tech startup valuations is not always straightforward. Many companies do not publicly disclose their valuation, and the available information can vary widely depending on the company and its stage.

To build this ranking, we applied a structured valuation methodology and cross-checked information across multiple reliable sources.

Whenever possible, we relied on direct disclosures. These include announced valuations from completed funding rounds, public filings for listed companies, or official acquisition prices.

When a Prop Tech company is publicly listed, we use its current market capitalization as the reference valuation.

If a company was acquired and no independent valuation can reasonably be estimated today, we use the acquisition price as the main reference point.

When a startup recently raised capital but the valuation was not disclosed, we estimate the implied valuation using typical dilution levels for that stage of fundraising.

In some cases, we also estimate valuations using operating metrics such as revenue, ARR, transaction volume, managed properties or customer traction. We combine these metrics with valuation multiples from comparable Prop Tech companies.

When direct financial data is not available, we may rely on carefully selected comparable startups and other signals such as hiring growth, investor quality, geographic reach, customer adoption or product traction.

All estimates follow a strict evidence hierarchy. Recent funding rounds with announced valuations carry the most weight, followed by strong operating metrics and comparable company analysis.

We also carefully evaluate the age of every data point. Recent information carries more weight, while older data is treated cautiously and adjusted conservatively when necessary.

Whenever information is uncertain or incomplete, we clearly distinguish between confirmed facts and reasonable inferences.

Because valuation data is not always fully public, each Prop Tech startup in the ranking is assigned a confidence level based on the reliability, recency and consistency of the available evidence.

Full confidence means the valuation is supported by strong and recent evidence. Strong confidence means the estimate is well supported but includes minor inference. Partial confidence means the estimate relies more heavily on indirect signals. Low confidence means available information is limited or inconsistent.

When confidence is lower, we take a more conservative approach by widening the valuation range. This helps reflect the uncertainty and increases the probability that the true valuation falls within the estimated range.

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 valuation estimate, 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 the projected CAGR of the proptech market

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

Who is the author of this content?

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