PropTech, the fusion of real estate and technology, has seen immense popularity off-late. The reason is quite simple – businesses these days are heavily reliant on technology and as far as real estate is concerned, it is susceptible to technology upheavals. The shifting customer needs and advanced technology such as artificial intelligence and virtual reality have resulted in the growing importance of PropTech. That being said, let us have a look at the top 10 PropTech startups making an evolution in 2022 and beyond.
Settlin
Settlin, founded in the year 2016, has emerged to become a technology-driven, scalable, buyer-centric real estate platform at the end of the resale value chain. Via this platform, a user can search 4x more properties offline, and online, curated. There are about 80 parameters listed. The platform is designed in a manner that one can complete the deal in 5 visits with this online-offline-online model.
Stanza Living
If you are a student or a working professional who is migrating to a new city, then head straight to Stanza Living. This is a tech-enabled co-living space. This has a clear objective – to transform India’s multi-billion dollar student housing and co-living market. For this, it offers a high-quality, shared living concept that puts the new-generation migrant at the core of the development, design, and implementation process.
Acaboom
This PropTech startup is useful software for real estate agents that are designed to help them close more deals. Wondering what the software is all about? Well, it allows agents to create custom presentations for prospective buyers. How amazing is that?
Homelight
Homelight has gained wide recognition as an online platform for connecting home sellers with local real estate agents. Well, that’s not all. This PropTech startup also offers home loans without any up-front underwriting fees. As per a report dated 2021 year-end, the company has processed over 40 million transactions.
Pacaso
Pacaso is a prop-tech startup that offers an ownership platform for second homes. As far as its service is concerned, it includes an online marketplace with listings to purchase a fraction of the house. A point to note is that this startup manages the legal processes and property maintenance of the property.
Homeday
If you are looking for a platform for buying and selling real estate with a major focus on houses, then Homeday is what you need. It works with brokers and the software also has features for tracking a listing over time. Also, the commission is quite lesser when compared to others.
Briq
Briq is an excellent platform for real estate and construction professionals to manage budgets and investments. As far as the target market of PropTech is concerned, it includes contractors, construction managers, CFOs, and project managers. Yet another interesting point to note is that the platform also has a “predictive analytics” tool designed to test out the impact of changing variables within an active construction project.
Square Yards
This real estate platform provides proptech technology for transaction and aggregation. There are a variety of applications that this platform caters to – offering loans to consumers and businesses, accessing more primary property listings, etc.
VergeSense
VergeSense is a data analytics startup for workspaces that help businesses measure and track office space usage. This PropTech startup has a good number of companies under its banner including RBC, Quicken Loans, and Cisco.
Ohmyhome
This Proptech startup runs a DIY property transaction platform in the Asian market and includes listings for houses, apartments, and condos as well as a service that connects tenants with a home loan and renovation services. Well, definitely a startup to look out for.
Source: analyticsinsight.net
