proptech

English

Alternative forms
  • prop-tech, PropTech

Etymology

Blend of property +‎ technology.

Noun

proptech (uncountable)

  1. The application of information technology to real-estate markets.
    • 2017 May 8, Jon Card, “Proptech: the businesses transforming the housing market”, in The Guardian‎:
      The amounts involved on the investment side are significant across many proptech startups. Property tech venture capital platform PiLabs launched in 2014 and has already spent £113m backing 47 founders in the sector; […]
    • 2022 October 7, “The Hottest Startups in Lisbon”, in Wired UK‎, →ISSN:
      “Lisbon has several ingredients making it a unique and efficient tech ecosystem,” says Suharev, CEO of proptech company CASAFARI, listing factors such as quality of life, governmental programs designed to attract foreign entrepreneurs, and its Silicon Valley-like business mindset.

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