Inc. Magazine recently released its 2022 Inc5000 list, highlighting the top 5000 fastest-growing companies in the U.S. While the list spans a number of industries & verticals, PropTech companies made up a notable part of the list. MetaProp portfolio companies on the list include:

HqO (No. 75), a workplace experience company that sells to both landlord and corporate employer clients is the highest ranked PropTech company on the list, achieving  5,291% growth. This follows raising a $60 million Series C financing round and the acquisition of two employee experience-oriented companies in the space this year (Office App and Leesman).

PadSplit (No. 290), a shared-housing marketplace specializing in housing designed for the workforce.

Obie (No. 685), a direct-to-consumer instant digital insurance product serving the landlord community via a digital marketplace, property management or lending company platform.

(Click to Tweet)

Earlier this month, Zach Aarons traveled to Lagos, Nigeria to speak at NIPROPTECH 22. The goal of this conference is to bring together different generations of real estate practitioners to collaborate and share insights in developing the Nigerian real estate technology market.  Zach joined PropTech leaders from around the world to discuss how Nigerian entrepreneurs can use technology to transform and drive the local economy. Read more about the conference here. (Click to Tweet)

MetaProp Names Industry Vet Dana Wildeboer as Vice President of Marketing
The MetaProp team is growing! We're excited to share that Dana Wildeboer has joined our team as Vice President of Marketing. Dana brings nearly 20 years of experience helping founders and corporate innovators accelerate business growth for startups through strategic marketing and digital brand engagements. Her career is infused with innovation; previously she held positions with MassChallenge, DreamIt, Hulu, USC, and TEDx - taking brands and programs to market at the earliest stages. Hear more from Dana in this interview with our Partner, Maureen Waters. (Click to Tweet)
PropTech Industry News.
  • Atom Power, a Huntersville, N.C.-based power delivery and EV charging company, raised $100 million led by SK.
  • Byte Kitchen, a San Mateo, Calif.-based restaurant scaling company, raised $6 million in funding. Crosslink Capital, Emergent Ventures, and Lookout co-founder and CTO Kevin Mahaffey led the round and were joined by investors including Correlation Ventures, Wndrco, Soma Capital, and Y Combinator, and other angels. 
  • Fora, a New York-based travel agency, raised $13.5 million in Series A funding co-led by Heartcore Capital for Forerunner. 
  • Guesty, a Walnut, Calif.-based short-term rental management company, raised $170 million in Series E funding led by Apax Digital Funds, MSD Partners, and Sixth Street Growth, with Viola Growth and Flashpoint also participating. 
  • Oliver Space, an SF-based furniture resale startup, raised $36m in Series B funding. Union Grove Venture Partners led, and was joined by Mayfield, USVP, Expa Capital and LG Technologies. 
  • Project Solar, a Lehi, Utah-based e-commerce brand for solar installations, raised $23 million in Series A funding led by Left Lane Capital.
  • Truework, a San Francisco-based income and employment verification platform, raised $50 million in Series C funding. G Squared Capital led the round and was joined by investors including Sequoia, Activant, Khosia, Indeed, Human Capital, and Four Rivers.
  • WeWork founder Adam Neumann received a record-breaking check from Andreessen Horowitz with somewhat vague plans to shake up the massive market for rental apartments, injecting a jolt into the venture investment market for PropTech. MetaProp's Safi Aziz broke down the mysterious business in a two-part series here (Part 1) and here (Part 2).
  • Big investors like Bain Capital and Redwood Trust are buying up stakes in Americans' homes and plan to 'revolutionize' how people tap into a record $27.8 trillion in home equity.
  • Bridger Aerospace, a Montana-based provider of aerial firefighting and wildfire surveillance services, agreed to go public via Jack Creek Investment Corp. (Nasdaq: JCIC), a SPAC formed by KSH Capital. The deal values Bridger at an implied $869 million.
  • Redfin’s latest July report highlights this: just 44.3% of nationwide home offers written by Redfin agents faced competition last month, compared to a revised rate of 50.9% in June and 63.8% in July 2021. The report says that competition has cooled, due to many Americans being priced out of the market by higher mortgage rates and inflation, so properties are staying on the market longer and sellers are being forced to reduce prices.
  • Urban Innovation Fund has raised $121M to invest in startups shaping the future of cities! They closed $101M for Urban Innovation Fund III, along with a $20M opportunity fund. 
PropTech Job Spotlight.
MetaProp Portfolio Job Board!
Those looking to get plugged into opportunities with PropTech's hottest companies can visit to see current roles available across our portfolio. You can filter by company, topics, job function, and location.
Upcoming PropTech Events.
September 12-14, 2022 | Las Vegas, NV

Blueprint is the vital annual event where these major players can interact with the latest ideas and products, and arm themselves with the insights and relationships to make their businesses thrive.

November 7-11, 2022 | New York City
NYC Real Estate Tech Week
The biggest week in PropTech is back this year and it will be bigger than ever! Get ready for a full week of events, panels, networking, product demos, innovation competitions, and parties, all in the heart of NYC. Register here!

November 9-10, 2022 | New York City
Propel by MIPIM NYC
The premier Real Estate & Tech Conference and Expo is back! The flagship event of NYC Real Estate Tech Week will be held at the River Pavilion, Javits Center. Exhibition, networking, and learning at their bestGet your tickets here!
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