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10 Proptech Companies Shaping The Future of Real Estate

Real estate is one of the most important industries globally. It is a significant driver of economic growth and human advancement. However, the pace of innovation in this industry has been slow relative to other sectors such as Consumer Internet or Financial Services. We created a list of the top 10 prop-tech unicorns that are transforming the real estate industry like CrowdSquare. The majority of the disruptive proptech startups were founded in the last decade but there are also some older companies like houzz. 

ServiceTitan

Year founded: 2012

Valuation: $9.5 billion

Overview: ServiceTitan is an all-in-one business software for home service businesses. From creating estimates and invoices to managing jobs and scheduling technicians, ServiceTitan helps streamline business operations, increase customer satisfaction, and maximize profitability. It provides tools like automated text and email notifications, real-time GPS tracking of technicians and reporting dashboards for tracking key performance metrics. With a dedicated Customer Success team, mobile web app, and integrations with payment and accounting systems, ServiceTitan is the go-to solution for home service businesses.

houzz

Year founded: 2009

Valuation: $4 billion

Overview: Houzz is an interior design and home remodeling website featuring photos, articles, products, and tools to help you design, decorate, and build the home of your dreams. With a vast selection of products, tools, and insights from design and remodeling experts, Houzz makes it easy to turn inspiration into reality. Explore millions of photos, connect with interior designers, get ideas and advice, and find the perfect products for your project today.

FIGURE

Year founded: 2018

Valuation: $3.2 billion

Overview: Figure provides digital asset and mortgage origination services that empower customers with greater speed, cost savings, and confidence. They use blockchain technology to enable customers to conduct transactions securely and efficiently, and their automated mortgage platform provides an end-to-end experience that eliminates manual paperwork. Figure also offers tokenized for users who want exposure to digital assets without needing to hold them directly. Their products create a seamless experience for customers, allowing them to achieve their financial goals faster.

Plume

Year founded: 2015

Valuation: $2.6 billion

Overview: Plume is a startup that has revolutionized the smart home space. By connecting AI, Predictive Networking, and Home Automation, Plume gives customers the ability to get the most out of their home Wi-Fi connection. With Plume, users can have absolute control over their own Wi-Fi network, allowing them to tweak any aspect of their home network, from parental control settings to boosting signal strength in any room of the house. Plume provides customers with a personalized Wi-Fi experience, thanks to its ever-evolving intelligence. From advanced parental control to additional security features, Plume has everything you need for a more secure and reliable home Wi-Fi signal.

side

Year founded: 2017

Valuation: $2.5 billion

Overview: Side is an online real estate brokerage platform that makes it easier for buyers, sellers, and agents to access the real estate market. Backed by powerful technology, Side provides users with a modern, streamlined experience when searching for homes, while enabling agents to leverage new opportunities for success. Side is modernizing the real estate market, allowing all users to achieve fast and efficient results.

Divvy

Year founded: 2017

Valuation: $2 billion

Overview: Divvy Homes is revolutionizing how people buy a home with a modern approach to homeownership. Customers can purchase a home with a down payment and an affordable monthly payment. Divvy provides a flexible path to owning the home at any time. Additionally, Divvy offers cash payments and rent credits that can go towards future home ownership.

HomeLight

Year founded: 2011

Valuation: $1.6 billion

Overview: Homelight is a tech-driven real estate agent search and comparison service that uses proprietary algorithms and extensive research to match users with the top-performing local agents near them. The company collects data from local MLS listings and applies machine learning and AI to map out the agents’ performance history and reviews, saving users time and money. With its free and easy-to-use search, HomeLight helps home buyers and sellers to make informed decisions and find the ideal agent based on their needs.

built

Year founded: 2014

Valuation: $1.5 billion

Overview: Built offers an expansive suite of services that streamline the buying and selling process for both residential and commercial properties. From online listings to contract management, Built makes real estate transactions simple, accessible, and secure. Their streamlined platform offers services designed to reduce time and effort, provide efficient communication, and speed up the entire process. As real estate continues to evolve, Built is ready to keep up with the changing industry and revolutionize the way people transact.

Pacaso

Year founded: 2020

Valuation: $1.5 billion

Overview: Pacaso is a real estate startup that is transforming how people buy, own, and vacation in vacation homes. The company is facilitating group-ownership of vacation rental homes, while still upholding individual dreams and preferences. Users benefit from having more options, flexibility and access to unique experiences like wine tasting and spa treatments. Users can also build a portfolio of vacation properties that can be used as sources of income. Pacaso is bringing the shared economy to the vacation rental industry, offering a modern and efficient way to own a dream escape.

snapdocs

Year founded: 2012

Valuation: $1.5 billion

Overview: Snapdocs is a digital mortgage platform designed to streamline the loan processes for lenders, title companies, and other real estate service providers. From document tracking to full eClosing capabilities, Snapdocs offers automated processes and real-time insights so that you can deliver an integrated, seamless experience to your customers. With Snapdocs, you can create customized workflows, send notifications to stakeholders, and securely share documents in one centralized system.