CREtech Releases 2018 End-Year Report On State Of The Commercial Real Estate Tech Sector
First report co-authored by new acquisition, RE:Tech, features research, analysis and commercial real estate tech company profiles
New York, NY (February 5, 2019) — CREtech (cretech.com), the largest event, data and content platform covering the commercial real estate tech industry, announced today that the 2018 CREtech End-Year Report is now available for free download. This annual report is considered one of the most important analysis of the commercial real estate tech sector and provides a detailed overview of the sector.
The first report produced since the acquisition of RE:Tech, CREtech has expanded upon its research and analysis with the help of Chief Research Advisor and founder of RE:Tech, Ash Zandieh.
The report includes:
- In-depth coverage of the $9.6 billion of investment into the commercial real estate tech sector in 2018
- The largest publicly available CREtech Landscape Map, highlighting hundreds of the industry’s technology providers broken down by category and specialty
- 65 of the largest funding rounds globally in 2018
- A directory of the most innovative technology providers and startups for the commercial real estate industry
One of the main takeaways from this year’s report is that overall funding was down in terms of total amount invested from 2017 to 2018, but there was a 47% increase in total number of deals completed. According to Zandieh, “Global real estate tech investments have been on a tear over the past several years. However, despite the surge in total venture deals, the venture capital market in real estate tech has begun to tighten. Over the past 12 months, the industry was marked by volatility and uncertainty for both investors and technology companies alike.”
Zandieh also notes what to expect in 2019, “Our forecast is that the pace of dealmaking will continue to slow across all stages, with the downswing primarily driven by a significant decline in round count at the earliest stage of venture funding—the angel, seed, convertible notes, and related deal types that make up the bulk of venture deal volume around the world.”
CREtech is the largest event, data and content platform in the commercial real estate tech industry. The platform features the most well attended trade shows in the industry, hand selected daily news, the largest directory of tech startups serving the industry and industry leading research.
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