proptech
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English
[edit]Alternative forms
[edit]Etymology
[edit]Blend of property + technology.
Noun
[edit]proptech (uncountable)
- The application of information technology to real-estate markets.
- 2017 May 8, Jon Card, “Proptech: the businesses transforming the housing market”, in The Guardian[1]:
- The amounts involved on the investment side are significant across many proptech startups. Property tech venture capital platform PiLabs launched in 2014 and has already spent £113m backing 47 founders in the sector; […]
- 2022 October 7, “The Hottest Startups in Lisbon”, in Wired UK[2], →ISSN:
- “Lisbon has several ingredients making it a unique and efficient tech ecosystem,” says Suharev, CEO of proptech company CASAFARI, listing factors such as quality of life, governmental programs designed to attract foreign entrepreneurs, and its Silicon Valley-like business mindset.