Proptech Collective Newsletter: January 2025

January 14, 2025

January 2025: The Proptech in Canada Report launches on the 29th, sharing some 2025 predictions, and a wave of capital raises

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Happy New Year! 🎊 We’re so excited to kick off another fantastic year with all of you. One highlight to get us started is the launch of our Proptech in Canada report (discount code below—don’t miss it!).

If you’ve been with us for a while, you’ve probably noticed we’re making some updates to our newsletter. We know newsletters can sometimes feel like just another thing in your inbox. For us, this isn’t just an email—it’s how we stay connected with you, share the latest news, and keep our community thriving. That’s why we’re committed to making this one worth your time. Whether it’s updates on member benefits, insights from the industry, or new events, we want this to be something you actually look forward to—and look back on in our newsletter archive on our website.

We can’t wait to start the year with you!

🗞️ UPCOMING EVENTS

​Our updated Proptech in Canada Report is on its way!

Toronto, join us on January 29, as we kick off this year with our latest Proptech in Canada report launch.

If you want to be the first to see the latest proptech market map, or to know who are the newcomers or which company raised the most capital, this is one party you cannot miss!

Can’t make it? No worries! The report will be sitting in your inbox first thing on January 29.

50% off code for our friends: PCFRIEND2025

⭐️ EXCLUSIVE PERKS FOR OUR MEMBERS ⭐️

From now on, our monthly newsletter will be our member area. Unlock this section by becoming a member.

📚 WHAT WE ARE READING

Curious about what’s ahead? Check out these 2025 predictions and outlooks:

💰 WHO RAISED CAPITAL

  • 🇨🇦 Hostaway: raised $365 million at a post-money valuation of $925 million to continue to build software that helps vacation rental operators manage listings, bookings and communication. 

  • 🇨🇦 Trane acquires BrainBox AI: Irish-based Trane Technologies has acquired Montréal-based clean tech company BrainBox AI to leverage its AI tools for reducing the carbon footprint of commercial buildings.

  • 🇩🇪 1KOMMA5°: the German home electrification startup raised €150 million, to operate the virtual powerplant Heartbeat AI that helps manage stressed European grids impacted by increasing renewable electricity production.

  • 🇺🇸 Stand: a climate-focused insurance company, raised $30 million in funding from Inspired Capital, Lowercarbon, Equal Ventures, and Convective Capital to launch its debut product, designed to protect and fortify properties against climate risks.

  • 🇺🇸 Sage: Sage, a NYC-based provider of an operations management platform for senior living, raised $35 million in Series B funding.

  • 🇺🇸 Matic Insurance Services: a Columbus-based Insurtech platform, raised $30 million from Vistara Growth to expand distribution partnerships, enhance its proprietary technology, and elevate its customer experience.

  • 🇺🇸 Wherobots: a San Francisco-based spatial intelligence cloud company, raised $21 million in Series A funding led by Felicis.

  • 🇺🇸 RLTYco: a New York-based provider of resources for real estate professionals, raised $20 million led by Altriarch, combining equity and debt to offer commission funding within 24 hours and simplify compliance requirements.

  • 🇦🇺 Sitemate: the software scale-up that builds no code software platforms for built world companies, today announces it has raised a $18 million Series A led by Blackbird. 

  • 🇺🇸 Jones: the New York-based company has closed a $15 million Series B funding round that will be used to launch artificial intelligence tools to bolster its insurance verification platform.

  • 🇺🇸 Fairly: the Portland-based vacation rental management platform focused on personalized care and community-driven service, launched out of stealth with a $10 million pre-seed round.

  • 🇺🇸 Mojave: the California-based company focused on revolutionizing air conditioning, raised $9.5 million in Series A funding led by Fifth Wall and At One Ventures. 

  • 🇺🇸 StruxHub: the San Francisco-based construction tech startup, raised $4M in a Seed round led by Brick and Mortar Ventures to provide a platform that helps contractors, trades, and suppliers coordinate logistics, deliveries, safety, and quality.

  • 🇺🇸 Tangible Materials: the California-based decarbonization software startup raised $3 million in a funding round, with proceeds from the funding round aimed at reducing embodied carbon in the construction industry.

💼 JOBS IN PROPTECH

🔍 Seeking Opportunities? Access the Foundation for Innovation in Real Estate (FIRE) job board and the Proptech Collective job board to find your next role.
💼 Hiring? Submit your open positions here to attract the industry's best.

Our partners are dedicated to helping Canadian proptech companies thrive. Learn more about how each of them can help accelerate your growth.

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