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Photo by Omar Prestwich on Unsplash

As a venture capital firm focused heavily on tech solutions for single-family and multifamily rental property, we keep a close eye on the flow of capital to the real estate tech space as part of our day-to-day operations. Sensing something of a market vacuum for this sort of data, we recently decided to increase the rigor with which we track this investment activity, with the goal of both enhancing our own familiarity with these trends and presenting them to the broader market.

A few weeks ago, we presented the first of what we expect will be many quarterly reports on…

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Photo by Grovemade on Unsplash

For many of us, 2020 has been by far the most unusual year in our lifetimes. Even so, innovation and the adoption of technology have continued unabated, and in some cases have accelerated. A prime example of this is the growth of rent tech. In fact, the rapidly evolving world in which we live has helped many real estate-related technologies thrive, as social distancing has increased the importance of tools that support real estate operators and renters and the new socially distanced, work-from-home reality.

After the whole world seemingly came to a chaotic halt in March, the RET team, like…

If you’ve followed RET Ventures since we first launched Fund I back in November 2018, you know that the firm has seen countless wins and successes over the 16-month period. Just in the last year alone, we invested more than $60M in 11 rent tech leaders that work closely with some of the largest single- and multifamily owners and operators in the U.S. Commercial Observer recently posted a nice article on the history of the fund and our early traction that you can read here. …

Last year, I penned a blog post titled, ‘Why We’re Excited About Rent Tech’ shortly after we announced our first fund — the category delivered on its promise and then some in 2019. In fact, proptech investment hit $14 billion by mid-year 2019, more than all of 2018 combined. All of this activity is luring major generalist VC firms towards proptech which is a major development as they’ll provide not only large pools of capital but also experience scaling global businesses to emerging proptech and rent tech businesses. …

While most VCs focus on capital and operating experience, RET Ventures also brings a unique benefit though its close working relationship with our LPs. RET Ventures has made this an important focus of our fund, carefully selecting our investors, and fostering tight relationships with each one. We are particularly proud of the group of top-tier multi-family organizations that we’ve brought together to help us identify and support emerging rent tech category leaders. We believe that these relationships will help us deliver value to our portfolio companies far beyond capital. We also believe that a fund’s LPs are good indicators of…

Over the past few years, real estate technology has matured significantly. This has caused a major shift in preferences and demands from residents, and the multifamily housing industry as a whole. Thousands of property owners that own more than 40 million apartments are currently undergoing a tech transformation, and smart apartment technology is quickly becoming a must-have amenity for multifamily and single-family rental operators. Residents, along with both property owners and managers, crave technology that makes the apartment experience more efficient, automated, and enjoyable from initial resident interest all the way through move-out.

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I’m very excited to welcome you to the first installment of the Real Estate Technology Ventures (RET Ventures) blog on Medium. On this platform, we will share updates and information about the Firm, portfolio companies and our team’s perspectives on the biggest trends in real estate technology and the multifamily industry. To start things off, I’d like to outline our vision and why we’re unlike any other VC you’ve ever met.

Billions of dollars have been flooding into proptech in the past five years and with good reason. The $31.8 trillion real estate industry is undergoing a significant digital transformation…

RET Ventures

The official blog of RET Ventures.

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