Proptech in Canada report first ‘comprehensive’ sector study

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Canada is becoming a global hub for real estate technology and innovation, and Proptech Collective has just released a report that offers insights into key trends, startups, investors and accelerators​​ within the space.

The report analyzed some 300 Canadian proptech (property technology) companies in construction tech and commercial and residential real estate. It involved interviews with more than 20 real estate companies, proptech startups and investors.

The report was written by three Proptech Collective members: Alate Partners principal Courtney Cooper; Oxford Properties Group tech strategy manager Alice Guo; and real estate professional Stephanie Wood. It was produced with sponsorship from PwC Canada, LMRE and BDC.

“You have to start somewhere and this data didn’t exist in one place before,” Cooper told RENX. “We think it’s quite comprehensive, but a big part of this report and putting it out there is to generate responses that tell us what other companies exist and what we’re missing.”

Proptech Collective is a Toronto-headquartered, not-for-profit organization comprised of real estate professionals, technologists, entrepreneurs and community builders interested in technological innovation. It provides a forum for people to connect, learn and work with each other to advance the industry.