The real estate industry exists for decades but is new to embrace technology and is lagging behind other industries when it comes to digital transformation. The good thing is right now the never-ending real estate comprising of buying, selling, constructing, and renting space is changing by embracing technology. And, many proptech startups are emerging with the mission to transform the industry and bring a positive change.
Encouraging these startups and pushing them to bring about transformation in the real estate market, A/O PropTech, a European VC has announced €250 million funds. Founded in 2019 by Gregory Dewerpe, the firm intends to use this fund to aid the digital transformation of the real estate industry and bring about the highly trendy and much-needed shift towards sustainability.
Notable investments made to date
The VC invests from Series A To later growth stages until IPO. And, its investments to date include Fornova, Bricklane, and Plentific among others. As of now, A/O PropTech has a total of 10 investments in Europe, Israel and the United States.
Aims to reshape industry
A/O PropTech operates on the vision to reshape the eco-system from within and make it more efficient, accessible, transparent and connected future. It combines the real estate industry and data technology expertise together to facilitate the same. And, it is uniquely positioned to create a new reference in the proptech industry with its in-depth industry knowledge and hybrid investment capabilities.
A different approach!
Its permanent capital approach aligns it with entrepreneurs by removing the structural timing limitation as well as inefficiencies in the decision-making process. With its approach, the VC helps entrepreneurs and proptech startups reimagine the ecosystem and build their vision. It also supports them with its portfolio of assets and expertise.
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