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1. FEBRUARY 2018 REALESTATE TECH 2. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RealEstate Tech - Feb 2018 Contents Feed Summary Investment Trends Market Details Exit Outlook Investors News Appendix 2 TAKE SHARPER DECISIONS WITH TRACXN ✓ Analyst team Covering 250+ Sectors ✓ Proprietary Business Model tagging ✓ 6000+ On-demand Queries answered ✓ Sector Reports, Market Maps ✓ One-Click Connect with Founders Join 500+ Investors & Corporates to get the Tracxn Advantage 3. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RealEstate Tech - Feb 2018 Contents Feed Summary Investment Trends Market Details Exit Outlook Investors News Appendix 3 Feed Summary Investment Trend Summary Exit Outlook Summary BlueBox Summary of Key Markets Notable Companies in the Sector Recent News 4. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RealEstate Tech - Feb 2018 Note: Mega Companies includes IPO’d companies, Mega Acquisitions and Unicorn. Data is taken from Tracxn Platform as on February 7, 2018. RealEstate Tech Feed Summary 4 RealEstate Tech > Feed Summary Online platforms that enable users to search for and buy/rent residential and commercial properties • Inclusions: Online platforms that connect potential buyers/renters with owners/agents of residential and commercial properties available for sale/long-term lease. Also includes providers of SaaS and on-premise transaction and data analytics solutions for real estate professionals. • Exclusions: Real estate developers and offline real estate agents and companies. • Excludes funding information of Chinese companies Feed in Numbers Overview $14.7B Funding 42 Mega Companies 10435495 FundedCovered on Tracxn 11 Unicorns 26 Soonicorns 66 Minicorns 24 IPO’d Cos 314 Late Stage Cos 55 17 Acquisitions 474 DeadPooled 163 Acquihired Series A+ Cos LendInvest (2013, London, $58.6M) Redfin (2004, Seattle, $166M) WeWork (2010, New York City, $7.7B) Top Companies 5. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RealEstate Tech - Feb 2018 $184M $325M $1.3B $1.6B $2.3B $8.B 2012 2013 2014 2015 2016 2017 $ Funding # Rounds Investment Trend Summary Summary of Funding Activity in RealEstate Tech 5 $4.4B - Series H WeWork (2010, New York City, $7.7B) $300M - Series G WeWork (2010, New York City, $7.7B) $760M - Series G WeWork (2010, New York City, $7.7B) $260M - Series F WeWork (2010, New York City, $7.7B) $500M - Series G WeWork (2010, New York City, $7.7B) $210M - Series D Opendoor (2014, San Francisco, $356M) $450M - Series F Compass (2012, New York City, $775M) $150M - Series D SMS Assist (2010, Chicago, $255M) $430M - Series F WeWork (2010, New York City, $7.7B) $100M - Series E Compass (2012, New York City, $775M) Top Geos of InvestmentEntrepreneurial Activity Global Funding Trend RealEstate Tech > Feed Summary > Investment Trend Summary Seed Seedcamp (#5), Global Founders Capital (#4), Great Oaks Venture Capital (#4) Series A/B Canaan Partners (#5), New Enterprise Associates (#4), RRE Ventures (#4) Series C+ SoftBank Group (#3), CapitalG (#2), Fifth Wall Ventures (#2) Incubators 500 Startups (#35) MetaProp NYC (#16) Y Combinator (#16) Other Notable Investors Frontier Digital Ventures (#11), Kima Ventures (#10), Seedrs (#9) Debt Investors Western Technology Investment (#10), Lighter Capital (#5), Silicon Valley Bank (#4) Most Active InvestorsRecent Investments 89 144 214 286 247 265 $12.3B $896M $614M $231M $106M US Europe India SEA Latam $ Funding 429 510 793 1,151 779 256 2012 2013 2014 2015 2016 2017 Y-o-Y # of Companies Founded 6. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RealEstate Tech - Feb 2018 Summary of exit outlook in RealEstate Tech Exit Outlook Summary 66 Most Active AcquirersTop Investors in Exits Goldman Sachs 3 WeWork (2010, New York City, $7.7B) Compass (2012, New York City, $775M) Benchmark Capital 3 WeWork (2010, New York City, $7.7B) Zillow (2005, Seattle, $87M) Wellington Management 3 WeWork (2010, New York City, $7.7B) Compass (2012, New York City, $775M) Thrive Capital 2 Compass (2012, New York City, $775M) Opendoor (2014, San Francisco, $356M) Accel Partners 2 CommonFloor.com (2007, Bangalore, $60.2M) Trulia (2005, San Francisco, $32.8M) Oct 2017 Ten-X Acq by Thomas H Lee Partners for $1.0B Feb 2016 iProperty Group Acq by REA Group for $412M Feb 2015 Trulia Acq by Zillow for $2.5B Mar 2014 Apartments.com Acq by CoStar Group for $585M Aug 2013 Market Leader Acq by Trulia for $355M May 2012 LoopNet Acq by CoStar Group for $860M Jul 2011 RentPath Acq by TPG for $525M RealEstate Tech > Feed Summary > Exit Outlook Summary CoStar Group 2 LoopNet (May 2012, $860M), Apartments.com (Mar 2014, $585M) TPG 1 RentPath (Jul 2011, $525M) Thomas H Lee Partners 1 Ten-X (Oct 2017, $1B) Genstar Capital 1 Accruent (May 2016) Schibsted Media Group 1 Hemnet (Jun 2015, $174M) Recent IPOs Top Acquisitions Black Knight Financial Services May 2015 Technology provider for loan life cycle m… IPO MCap: - Current MCap: $1.6B safti Oct 2014 Online brokerage firm for residential rea… IPO MCap: - Current MCap: - Zoopla Jun 2014 UK based Property portal IPO MCap: - Current MCap: - Redfin Jul 2017 National Real Estate Brokerage IPO MCap: - Current MCap: $1.2B CoAssets May 2016 Real estate crowdfunding platform IPO MCap: - Current MCap: - Purplebricks Dec 2015 Online estate agency IPO MCap: - Current MCap: $360M AppFolio Jun 2015 Property management solution IPO MCap: - Current MCap: - 7. Cumulative funding in the marketFunding data excludes Debt, Grants & Post-IPO rounds. Excludes all details for Chinese companies For any Feedback and Query reach out to
[email protected] Feed Report - RealEstate Tech - Feb 20187 Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved. February 2018Tracxn BlueBox – RealEstate Tech 5490+ companies in the sector, 705 funded in last 5 years, $10.3B invested in last 2 Years Most Active Investors: 500 Startups, Y Combinator, MetaProp NYC, Techstars, Second Century Ventures RESIDENTIAL & COMMERCIAL $267M Discovery Platform Auction Bid4Assets (1999, Silver Spring, $9M) Listing platforms VivaReal (2009, Sao Paulo, $74.45M) COMMERCIAL $8.5B Discovery Platform Online Brokerage Truss Holdings (2016, Deerfield, $9.2M) Listing platform LoopNet (1995, San Francisco, $50M) Short-term Booking Platform Convene (2009, New York City, $119.2M) Co-working Managed WeWork (2010, New York City, $7.65B) RESIDENTIAL $3.6B Discovery Platform Online Brokerage Redfin (2004, Seattle, $165.8M, IPO) Listing platform Zillow (2005, Seattle, $87M, IPO) Re-seller Opendoor (2014, San Francisco, $320.64M) Metasearch Apartment List (2008, San Francisco, $53.37M) Booking Platform Students Student (2011, London, $60M) Agent Search HomeLight (2012, San Francisco, $55.5M) Shared Accomodation Branded Accommodtion NestAway (2014, Bangalore, $93.33M) Co-Living Common (2015, Brooklyn, $23.35M) PROPERTY FINANCE $651M Crowdfunding CoAssets (2013, Singapore, $736K, IPO) P2P Lending Cadre (2014, New York City, $133.3M) VISUALIZATION $64M Augmented Reality Virtual View App (2013, London, $500K) Virtual Tour IrisVR (2014, New York City, $10.24M) SOCIAL $36M Agent Network Resaas (2009, Vancouver, $750K, IPO) Reviews LoftSmart (2015, Charlottesville, $4.58M) ENTERPRISE SOLUTIONS $1.6B Portfolio Management VTS (2011, New York City, $87.8M) For Agents & Landlords Property Management AppFolio (2006, Goleta, $30M, IPO) CRM & Marketing Placester (2008, Cambridge, $100.83M) Data & Analytics HouseCanary (2012, San Francisco, $64M) For Facility Managers Building Management TRIRIGA (2000, Las Vegas, $5M) Maintenance Management Accruent (1995, Austin, $71.38M) Property Inspection Happy Inspector (2011, San Francisco, $10.88M) RealEstate Tech > Feed Summary > BlueBox 8. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RealEstate Tech - Feb 2018 Key Sub Sectors in RealEstate Tech Sector Summary of Key Markets 8 Top Markets of Investment Activity # Cos on Platform Last 2 Years $ Invested # Round Commercial > Co-working > Managed 867 $7B 57 Residential > Discovery Platform > Online Brokerage 170 $935M 45 Enterprise Solutions > For Agents & Landlords > Property Management > Rental 371 $164M 28 Property Finance > Crowdfunding 172 $131M 35 Enterprise Solutions > For Agents & Landlords > CRM & Marketing 375 $108M 29 Residential > Shared Accommodations > Branded Accommodations 86 $118M 24 Enterprise Solutions > For Facility Managers > Maintenance Management > CMMS 97 $244M 14 Commercial > Short-term Booking Platform > Venues 75 $122M 15 Property Finance > P2P Lending 35 $136M 11 Sub Sectors # Cos Tracked # Funded Total Funding Commercial Online platforms that enable and enhance the buying/selling and leasing of commercial... 1351 173 $8.5B Residential Online platforms that enable and enhance the buying/selling and renting of residential... 1534 343 $3.6B Enterprise Solutions Companies that provide SaaS and native platforms for managing real estate transactions... 1638 332 $1.6B Property Finance Online platforms that enable and enhance real estate investments and financing 219 63 $651M Residential & Commercial Online platforms that enable and enhance the buying/selling and leasing of residential... 469 62 $267M Visualization Companies that provide solutions for enhancing the visual aspect of online property listings 165 37 $63.8M Social Platforms Online platforms that provide reviews and networking avenues for real estate professionals,... 119 33 $35.8M RealEstate Tech > Feed Summary > Summary of Key Markets 9. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RealEstate Tech - Feb 2018 List of Notable Companies in RealEstate Tech Notable Companies in the Sector (1/2) 9 Note: *(Founded Year, Location, Total Funding) RealEstate Tech > Feed Summary > Notable Companies in the Sector Public Black Knight Financial Services (2008, Jacksonville)* Redfin (2004, Seattle, $166M) Purplebricks (2012, Birmingham, $13.3M) Zillow (2005, Seattle, $87M) Property Connect (2012, San Francisco) buyMyplace (2007, Melbourne) Resaas (2009, Vancouver, $750k) AppFolio (2006, Goleta, $30M) Zoopla (2007, London, $13.2M) Ietty (2012, Shibuya, $4M) Public Rent (2007, Perth, $3.7M) Morizon (2008, Gdynia, $1M) CoAssets (2013, Singapore, $736k) Rightmove (2000, Milton Keynes) O-uccino (2004, Tokyo) safti (2010, Toulouse) Clarocity (2004, Carlsbad) Direct Wonen (1990, The Hague) CoreLogic (1987, Sydney) Public CoStar (1987, Washington D.C.) Entreparticulierscom (2000, Paris) Reis (1980, New York City) ZipRealty (1999, Emeryville) Acquired Trulia (2005, San Francisco, $32.8M) Ten-X (2007, Irvine, $50M) LoopNet (1995, San Francisco) Apartments.com (1998, Chicago) RentPath (1989, Atlanta) iProperty Group (2007, Kuala Lumpur, $300k) Market Leader (1999, Kirkland) On-Site (1999, Campbell) CommonFloor.com (2007, Bangalore, $60.2M) Hemnet (1998, Stockholm) Acquired ZipRealty (1999, Emeryville, $21M) ARGUS Software (1985, Houston) Dotloop (2009, Cincinnati, $7.1M) 10. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RealEstate Tech - Feb 2018 List of Notable Companies in RealEstate Tech Notable Companies in the Sector (2/2) 10 RealEstate Tech > Feed Summary > Notable Companies in the Sector Unicorns WeWork (2010, New York City, $7.7B) Compass (2012, New York City, $775M) Opendoor (2014, San Francisco, $356M) SMS Assist (2010, Chicago, $255M) PropertyGuru (2006, Singapore, $178M) 11. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RealEstate Tech - Feb 2018 List of Notable Companies by Market in RealEstate Tech Notable Companies by Market (1/8) 12 RealEstate Tech > Feed Summary > Notable Companies by Market Residential & Commercial Discovery Platform VivaReal (2009, Sao Paulo, $74.5M) Real estate marketplace in Latin America Soonicorn. Stage: Series C Spark Capital, Lead Edge Capital, Kaszek Ventures and 6 Other Investors Lamudi (2014, Berlin, $56.4M) Real estate listing platform Soonicorn. Stage: Series C Tengelmann Ventures, Holtzbrinck Ventures, APACIG and 1 Other Investors Ten-X (2007, Irvine, $50M) Discovery portal for reisdential and commercial properties in United States. Unicorn. Stage: Acquired CapitalG, Stone Point Capital, UCLA Ventures and 1 Other Investors Morizon (2008, Gdynia, $1M) Real Estate listing platform in Poland. Stage: Public Discovery Platform iProperty Group (2007, Kuala Lumpur, $300k) Parent company of property portals in Asia. Stage: Acquired SeLoger, Catcha Group Rightmove (2000, Milton Keynes) Online property listings website Unicorn. Stage: Public Entreparticulierscom (2000, Paris) Listing platform for real estate and home services in France. Stage: Public Residential Discovery Platform Compass (2012, New York City, $775M) Technology driven Online brokerage firm Unicorn. Stage: Series F SoftBank Group, Fidelity Investments, IVP and 15 Other Investors Opendoor (2014, San Francisco, $356M) Residential re-selling solution provider. Unicorn. Stage: Series D Fifth Wall Ventures, Lennar, Rialto Capital and 39 Other Investors PropertyGuru (2006, Singapore, $178M) Online property listing portal Unicorn. Stage: Series C Emtek, Square Peg Capital, TPG and 4 Other Investors Redfin (2004, Seattle, $166M) National Real Estate Brokerage Unicorn. Stage: Public Annox Capital, Glynn Capital, Wellington Management and 13 Other Investors 12. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RealEstate Tech - Feb 2018 List of Notable Companies by Market in RealEstate Tech Notable Companies by Market (2/8) 13 RealEstate Tech > Feed Summary > Notable Companies by Market Residential Discovery Platform Apartment List (2008, San Francisco, $110M) Apartment Listing Aggregator Soonicorn. Stage: Series C John Burbank, Allen & Company, Canaan Partners and 10 Other Investors PropTiger (2011, Noida, $98.7M) Online Broker for Apartments Soonicorn. Stage: Series C REA Group, SoftBank Group, NewsCorp and 5 Other Investors Zillow (2005, Seattle, $87M) Real Estate Marketplace Soonicorn. Stage: Public Legg Mason, Benchmark Capital, Technology Crossover Ventures and 2 Other Investors CommonFloor.com (2007, Bangalore, $60.2M) Map-based real estate property listing portal Minicorn. Stage: Acquired CapitalG, Tiger Global Management, Accel Partners and 1 Other Investors Discovery Platform Nested (2016, London, $58.9M) Residential home re-selling solution provider.. Soonicorn. Stage: Series B Global Founders Capital, Passion Capital, Tim Bunting and 4 Other Investors Trulia (2005, San Francisco, $32.8M) Residential real estate search engine Unicorn. Stage: Acquired Sequoia Capital, Accel Partners, Fayez Sarofim and 8 Other Investors Knock (2015, New York City, $32.5M) Online company offering reselling services. Soonicorn. Stage: Series A RRE Ventures, Redpoint Ventures, Greycroft Partners and 5 Other Investors ZipRealty (1999, Emeryville, $21M) Online real estate brokerage in the United States Stage: Acquired Benchmark Capital, Barrington Partners, Industry Ventures Discovery Platform Purplebricks (2012, Birmingham, $13.3M) Online estate agency Soonicorn. Stage: Public DN Capital Zoopla (2007, London, $13.2M) UK based Property portal Unicorn. Stage: Public Balderton Capital, Episode 1 Ventures, Samos Investments and 5 Other Investors Ietty (2012, Shibuya, $4M) Real estate online brokerage provider Minicorn. Stage: Public Investors Cloud, Sansei Capital Investment, Mizuho Capital and 4 Other Investors Rent (2007, Perth, $3.7M) Listing platform for residential apartment for users in Australia. Stage: Public 13. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RealEstate Tech - Feb 2018 List of Notable Companies by Market in RealEstate Tech Notable Companies by Market (3/8) 14 RealEstate Tech > Feed Summary > Notable Companies by Market Residential Discovery Platform Apartments.com (1998, Chicago) Listing platform to rent residential apartments in the US. Stage: Acquired O-uccino (2004, Tokyo) Web and mobile-based listing platform for residential real estate Stage: Public CyberAgent Ventures safti (2010, Toulouse) Online brokerage firm for residential real estate Stage: Public Direct Wonen (1990, The Hague) Online listing platform for renters to connect with property providers in Netherlands Stage: Public Qmulus Discovery Platform buyMyplace (2007, Melbourne) Platform to sell your house Stage: Public Tauro Capital Partners Hemnet (1998, Stockholm) Listing platform for residential property in Sweden. Stage: Acquired General Atlantic, Mklarsamfundet, FMF and 1 Other Investors RentPath (1989, Atlanta) Portfolio of real estate rental listing websites for residential units. Stage: Acquired TPG Booking Platform Student (2011, London, $60M) Global marketplace for Student housing primarily for international students. Soonicorn. Stage: Series C Breyer Capital, Vy Capital, Horizons Ventures and 2 Other Investors 14. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RealEstate Tech - Feb 2018 List of Notable Companies by Market in RealEstate Tech Notable Companies by Market (4/8) 15 RealEstate Tech > Feed Summary > Notable Companies by Market Residential Shared Accommodations NestAway (2014, Bangalore, $93.3M) Marketplace for furnished shared rentals Soonicorn. Stage: Series D Tiger Global Management, IDG Ventures India, InnoVen Capital and 4 Other Investors Commercial Discovery Platform LoopNet (1995, San Francisco) Commercial Real Estate Marketplace Unicorn. Stage: Acquired Calera Capital, Trinity Ventures, Rustic Canyon Partners and 7 Other Investors Short-term Booking Platform Convene (2009, New York City, $119M) Platform for conference rooms. Soonicorn. Stage: Series C Brookfield, Conversion Venture Capital, ArrowMark Partners and 7 Other Investors Breather (2012, Montreal, $73M) On-demand Private Room Reservation Soonicorn. Stage: Series C Menlo Ventures, Valar Ventures, RRE Ventures and 7 Other Investors 15. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RealEstate Tech - Feb 2018 List of Notable Companies by Market in RealEstate Tech Notable Companies by Market (5/8) 16 RealEstate Tech > Feed Summary > Notable Companies by Market Commercial Co-working WeWork (2010, New York City, $7.7B) Co-working work space community Unicorn. Stage: Series H SoftBank Group, Hony Capital, Jin Jiang Hotels and 13 Other Investors Industrious (2013, New York City, $76M) Managed co-working and private office space provider Soonicorn. Stage: Series B Riverwood Capital, Outlook Ventures, Riverwood Capital The Wing (2016, New York City, $40M) Provider of a co-working space and offline community space for women entrepreneurs and freelancers Soonicorn. Stage: Series B WeWork, New Enterprise Associates, KPCB and 5 Other Investors Social Platforms Agent Network Resaas (2009, Vancouver, $750k) Networking platform for real estate professionals Stage: Public Property Finance P2P Lending Cadre (2014, New York City, $133M) Real estate investment platform Soonicorn. Stage: Series C Andreessen Horowitz, Ford Foundation, General Catalyst Partners and 9 Other Investors LendInvest (2013, London, $58.6M) P2P Lending for Mortgages Soonicorn. Stage: Series B Macquarie Group, Atomico, Kunlun 16. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserve
