October 2025: A post-trip report for Proptech Connect, Toronto event on homeownership innovations, and big transaction news from the residential sector
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Good morning Proptech Collective supporters! The leaves aren’t the only things changing this fall… 🍂 Head over to our website to see its fresh new look. We hope the updated design makes it easier than ever to find and access proptech resources.
Last month, our very own Rachel traveled to London for Proptech Connect with two goals: gathering market insights for our community and supporting ten Canadian companies on the ground. The TLDR: If Europe is on your radar, this is definitely a conference to consider for next year. You can read the full report here to get all the tips and takeaways.
Turn Visitors Into Leads:
3 Tips You Can Use Right Now
Most website visitors leave without ever becoming a lead.
Serviceform recently hosted a webinar with Real Estate Magazine on how real estate agents and teams can boost lead generation without increasing ad spend. Here are the three tips:
Tip 1: Respond instantly to inquiries - Use real-time engagement tools or AI assistants to capture interest and qualify visitors immediately.
Tip 2: Automate lead routing and follow-up - Ensure that every inquiry reaches the right agent quickly, and follow up automatically to convert visitors into booked meetings.
Tip 3: Make your website a 24/7 front desk - Provide constant, on-brand support that can answer questions, book showings, or capture intent outside office hours.
Watch the full recording or read their article in REM for the remaining tips.
Serviceform helps real estate businesses like RE/MAX turn website visitors into qualified leads with their automation and lead-generation tools. They are looking for new clients and partners in the Canadian market, let them know if you’d like a demo or are interested in exploring a partnership.
*These insights are sponsored by Serviceform. Interested in highlighting your company to our community? Let us know here.
🎟️ Proptech Events and Conferences
🔔 New! Innovating Homeownership: New Models Bringing More Buyers to Market
Toronto, October 29 | Half-day event from 12pm to 5pm
In partnership with Valery Real Estate, this event features practical solutions that help real estate professionals get more buyers into homes sooner. Featuring Proptech Collective members such as Key, Perch, and Ownright - join this event to understand how tech could help us overcome affordability barriers.
*Our paid members get 20% off!
🔔New! PwC and ULI’s Emerging Trends in Real Estate 2026 Report launch (Toronto, November 12) - The new edition of Emerging Trends in Real Estate will be launching this November. Stay tuned!
Future of Design and Construction: Collaboration, Implementation, & Adoption Industry Summit hosted by Building Transformations (Toronto, October 15–17) - Connect with Canada’s ACE industry with site walks, keynotes, technology showcase, and the Innovation Spotlight Awards Gala. Use PROP20 to get 20% off.
🔔New! Canada Builds Modular Summit 2025 (Toronto, October 23) is a landmark national gathering to accelerate modular, factory-built housing on public land, as a transformative solution to Canada’s housing crisis.
🔔 New! Real Estate 101 Seminar for Proptech Sales (Virtual, October 24, USD$450) - A course delivered by NYC professors to enhance your fundamental real estate knowledge and reduce the challenges and barriers you might face when pitching to real estate customers. Attendance is limited to the first 20 registrations.
CREtech New York (New York City, October 21-22) - Get 20% off general attendee passes here.
Smart City Expo World Congress & Tomorrow.Building World Congress (Barcelona, November 4-6) - Free visitor passes (limited quantity), reach out to Rachel.
The Buildings Show 2025 (Toronto, December 3-5) - 20% off ticket here and 10% off 10x10 booth (original price $5,075). Reach out to John Connell.
💰 Who Raised Capital
Floorspace, a Vancouver-based commercial real estate firm, has acquired the technology and brand assets of AnthemIQ, a digital leasing platform, integrating its polished front end with Floorspace’s data-rich back end to give clients a portfolio-level view while preserving brokers’ existing workflows.
Lake, a Canadian vacation-rental marketplace for waterfront properties, has raised $2.6 million in a pre-seed round led by BDC. The platform uses AI to streamline bookings for lake houses, cabins, and similar stays.
Compass announced a deal to acquire Anywhere Real Estate in a $1.6 billion all-stock deal, combining brands like Century 21, Sotheby’s, and Coldwell Banker under one roof and creating the world’s largest residential real estate brokerage with a $10 billion valuation.
MRI Software, which many know as one of the largest real estate software providers, is reportedly exploring a sale or IPO that could value the company at up to $10 billion.
Inspiren, a New York-based AI platform transforming senior living, has raised $100 million in Series B funding led by Insight Partners. The company unifies resident safety, care planning, staffing, and emergency response into a single AI-powered platform.
PassiveLogic, a Salt Lake City-based startup using generative AI for building automation, raised $74 million in a Series C round led by noa. Its platform leverages digital twins and sensors to optimize operations, energy, and safety.
GreenLite, has raised $49.5 million in a Series B round led by Insight Partners to expand its AI-powered permitting platform and help projects move faster and more predictably.
Plantd, a North Carolina-based maker of carbon-negative building materials from perennial grass, raised $22M in Series B funding to scale its U.S.-made sustainable construction products.
Baselane, a New York-based fintech for landlords, raised $20 million in Series B funding led by Thomvest Ventures, to expand its AI tooling that helps landlords manage accounting, track performance, and streamline operations.
Lastro, the Brazilian proptech raised $15.7M Series A led by Prosus Ventures to expand its AI agent Lais, which automates real estate agency tasks, cuts response times to seconds, and boosts conversion rates.
Cyvl, a Boston-based AI infrastructure intelligence platform, has raised $14 million in a Series A round led by Sentinel Global. The company’s sensor-equipped vehicles create high-fidelity 3D maps, serving over 100 local government partners across the U.S.
MaxHome, an AI platform automating real estate tasks like document management and compliance, has raised $5 million in seed funding led by Fika Ventures, bringing total funding to $7 million.
PredictAP, a Boston-based AI platform automating accounts payable for the real estate industry, has raised an additional $5 million in funding led by RET Ventures.
🗞️ Industry Opportunities & Resources
Applications are open for the Starter Company Plus Grant – Trade Accelerator Stream. Toronto businesses that complete the program will receive a $5,000 microgrant to support their expansion into international markets.
🗞️ What We Are Reading
⭐️ Perks & Opportunities For Members
Unlock the opportunities below by becoming a member:
Judging and pitching opportunities at the Toronto Buildings Show
Presentation opportunity at BOMA Toronto’s NXTEK Session
💼 Jobs In Proptech
🔍 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 and real estate companies thrive. Learn more about how each of them can help accelerate your growth.
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