Proptech Collective Newsletter: February 2025

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🎉 PROPTECH COLLECTIVE EVENTS

It’s party all across Canada! This quarter, we have socials for you in Toronto, Vancouver, and Calgary. More details are to be released, but save your spot now!

🍾 PARTNER EVENTS

Apart from our hosting events, here are some exclusive discount codes from our partners:

• Together Vancouver Social by TechTO, February 24
  $25 ticket for Proptech Collective’s community
  

• Web Summit, Vancouver, May 27-30
  Get 30% off your general attendee ticket when you click here

⭐️ EXCLUSIVE PERKS FOR OUR MEMBERS ⭐️

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

👀 NEWS FROM OUR MEMBERS

• Bidmii and Hyyve announced a strategic partnership to help Canadian home sellers maximize property value. Through this integration, Hyyve sellers can seamlessly connect with renovation professionals via the Hyyve Home Services Marketplace, powered by Bidmii. Learn more.
  

🥊 OPPORTUNITIES

To our proptech entrepreneurs, here are some of the programs and opportunities you can join:

• R-LABS’ REALFounders Program
  A eight-week program designed for seasoned founders with successful exits who want to solve problems in real estate and housing. Top ventures will have a chance to secure up to $500K in investment. Apply by Friday, February 14. Learn more.
  

• YSpace’s Technology Accelerator program
  A five-month accelerator designed to help market-ready technology startups execute their go-to-market strategies, acquire customers and prepare for capital fundraising. Apply by Monday, March 3. Learn more.
  

• YMCA & DMZ Launchpad for Women Entrepreneurs
  A program series designed exclusively for women entrepreneurs of diverse backgrounds and industries. Registration is encouraged but drop-ins are welcome. February 11, 18 and 25. Learn more and register.
  
  

📚 WHAT WE ARE READING

• MetaProp’s 2025 Cohort Announced

• 87% of Mortgage Business Comes From Referrals and Past Clients

• WeWork’s Collapse Been Avoided by an OpCo PropCo Strategy

• Toronto Reigns as Canada’s Proptech Capital

• BlackRock To Add AI Member To Real Estate Investment Committee As Tech Guides More Capital Decisions

• CRE Principals and Investors On How to Actually Use AI in the Everyday

• 3 Signs Proptech Pain May Be Ending in 2025

• How Industrious Won the Flex Office Race

💰 WHO RAISED CAPITAL

• 🇨🇦 DMZ’s Housing Innovation Centre: Toronto-based DMZ incubator has received $3.5 million from FedDev Ontario to establish the Centre for Housing Innovation (CHI), which will support housing technology development through an accelerator and training program in partnership with GroundBreak Ventures, CivicAction, and NGen.

• 🇺🇸 Alpaca Real Estate: an alternative investment management firm connected to Alpaca VC, secured a $50 million credit facility from Stifel Bank, marking a key milestone in its growth and investment strategy. The firm also received anchor capital from GCM Grosvenor, supporting its launch in late 2023.

• 🇺🇸 Motif: a startup founded by former Autodesk executive Amar Hanspal, raised $46 million to develop a next-generation design platform aimed at modernizing how buildings are designed in the AEC industry.

• 🇺🇸 75F: raised $45 million in a Series B funding round, led by Accurant International's Net Zero Alliance, to expand its IoT and AI-driven building automation solutions for energy efficiency across a broader range of commercial properties.

• 🇺🇸 Closinglock: Austin-based real estate fintech and fraud prevention provider, raised $34 million in Series B funding led by Sageview Capital, with participation from Headline and RWT Horizons, to enhance security in real estate transactions.

• 🇺🇸 Lula: a Kansas City-based proptech startup, raised $28 million in Series A funding to expand from 42 to 60 markets in 2025 and invest in AI-driven property maintenance solutions.

• 🇺🇸 Rhino x Jetty: the two companies have announced they will merge to create the largest security deposit platform in the U.S. rental housing market, serving over 6 million rental units and helping renters retain over $4 billion in move-in costs.

• 🇩🇪 hallo theo: the Berlin-based digital property management company raised a €10M seed round from Insight Partners to expand across Germany and advance its tech-driven approach to modernizing property management.

• 🇺🇸 Johnson Controls acquired Netherlands-based Webeasy for an undisclosed amount to strengthen its smart building automation capabilities in Europe, enhancing solutions for small to medium-sized commercial properties.

• 🇺🇸 Trayd: the New York-based construction payroll platform raised $4.5M in a seed round led by Suffolk Technologies, with participation from Bloomberg Beta and Y Combinator.

• 🇦🇹 Synaps: Vienna-based startup emerged from stealth with €1.4M in pre-launch funding to develop its collaborative architectural planning tool, dubbed the "Figma for Architects."

💼 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.