Proptech Collective Newsletter: May 2025

May 2025: Growth Summit, LaunchPad, and a subsidy for you to attend proptech conferences

Good morning! There’s no shortage of new opportunities this month — so this month’s newsletter is a little longer. Here’s what you need to know in 30 seconds:

• There’s a conference subsidy program to cover ~50% of your travel expenses for Blueprint Vegas, OPtech, and Proptech Connect.

• Proptech Collective is hosting a Happy Hour during Web Summit Vancouver.

• We have two happy hours ahead: Toronto on May 13 and Montreal on June 11. 

• Applications are open for the Growth Summit, an exclusive workshop for 35 proptech founders and sales leaders focused on scaling and growth.

• We have three spots left for very early-stage founders to join the Toronto Proptech LaunchPad.

• We are hosting a proptech market overview session with TechTO and a social with Building Transformations during Toronto Tech Week.

And of course, there’s more — read on so you don’t miss a thing!

Plus, some other events that might interest you:

• Urban Techies Social #17 (May 7)

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

Proptech Conference Subsidy 2025

Back by popular demand! Apply to receive travel subsidy to help Canadian proptech companies attend one of the following international conferences this year:

• Proptech Connect — London, UK | September 3–4

• Blueprint — Las Vegas, US | September 16–18

• NMHC OPTech — Las Vegas, US | November 17–19

Selected companies will receive up to 50% of eligible costs for one attendee per company, including airfare, per diem (hotel and meals), conference ticket, and ground transportation to and from the airports. Estimated savings of CA$2,000.

^{Applications are reviewed on a rolling basis and will close once all spots are filled.}

Ontario Smart Cities Mission to Blueprint 2025

The Ontario is heading to Blueprint on September 15-18 again this year. By joining the mission, you will receive:

• Turn-key exhibit space within the Ontario pavilion

• Two exhibitor passes

• 1:1 export advice and consultation with a matchmaking program, and more!

Mission fee: $4,300 and apply by: May 30, 2025

Conference pass discounts:

• Blueprint: Get $300 off the current ticket rate here.

• The Top 50 AI Startups in Real Estate

• The CRE Data Power Curve

• Portal Wars: Zillow Strikes Back Against Exclusive Inventory

• Revenue, Rooftops and Resilience: How to Meet the Energy Moment

• Brokerage Valery’s AI Academy for Agents

• The Cost of Change: Proptech Leaders on US Tariffs and the Real Estate Market

• Hyyve Canada and Ownright Join Forces to Simplify Real Estate Legal Closings

• 🇨🇦 Adaptis: the Toronto-based startup focused on carbon management for buildings, raised $4 million in seed funding led by Building Ventures, with participation from MetaProp, 2048 Ventures, Powerhouse Ventures, and Blue Vision Capital.

• 🇨🇦 dcbel: Canada Growth Fund has invested $40 million of a $55 million financing in the Montreal-based smart home energy platform specializing in bidirectional EV charging integrated with home energy management.

• 🇺🇲 Flow: Adam Neumann’s proptech company has raised over $100 million in new funding, more than doubling its valuation to $2.5 billion, according to Bloomberg. Andreessen Horowitz, an existing backer, reportedly participated in the round.

• 🇺🇲 Roam: a New York-based startup providing access to homes with assumable mortgages, raised $11.5 million in Series A funding, bringing its total raised to $16 million.

• 🇺🇲 Tracera: a New York-based AI platform automating ESG data collection and auditing across multiple industries, raised a $12 million Series A led by Foundry to streamline sustainability reporting and reduce costs.

• 🇺🇲 Steadily: a landlord insurance provider, raised $30M in a Series C round led by Two Sigma Ventures, bringing its valuation to $355M. Other investors include Zigg Capital, Clocktower, Belfer, Nine Four Ventures, and Matrix Partners.

• 🇺🇲 Villa: the San Francisco-based offsite homebuilding platform, raised $40M: $20M in equity funding led by Unless, with participation from Atomic, Tectonic Ventures, and others, plus a $20M PropCo joint venture with Unless.

• 🇺🇲 Friday Harbor: a Seattle-based AI platform for loan officers to assemble compliant loan files, raised $6 million in a seed round led by Abstract Ventures and Mischief.

• 🇩🇪 Beagle Systems: Hamburg-based Beagle Systems has raised EUR 5 million in seed funding, co-led by PT1 and AENU, with continued support from its existing shareholders. The company specializes in long-range inspection drones and a state-of-the-art charging station network.

🔍 Seeking Opportunities? Access the Foundation for Innovation in Real Estate (FIRE) job board to find your next role.

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

Special thanks to our community partner: