While the proptech sector continues to boom with growth expected to reach $90 billion by 2032*, investments have cooled since the pandemic-era capital-influx heyday.**
This isn’t a sign of decline but of a maturing market. Investors are now more selective, prioritizing companies with sound foundations, clear market differentiation, and proven scalability.
This means understanding the major players in proptech is crucial not only for investors, but for tech companies and property managers looking to form strategic partnerships, uncover investment opportunities, and stay ahead of market trends.
In this article, we spotlight 14 of the best proptech companies transforming real estate through the breadth of their solutions or their laser focus on market trends.
We selected these companies based on our deep industry expertise and their impact on helping property operators, investors, and owners enhance their operations, asset performance, and resident experience.
Are you a proptech startup looking to build your brand’s reputation through strategic PR? Drop us a line.
13 proptech companies to watch in 2025
We’ve handpicked the proptech companies in this list (in no specific order) to show those excelling in the multifamily, build to rent, student accommodation, and serviced living spaces.
These property tech companies span from specializing in operational efficiency and sustainability to smart property solutions and asset management.
1. StarRez
A property management software (PMS) provider, StarRez helps operators manage over 2.1 million beds. It caters to various sectors, including higher education, student property management, build to rent, coliving, staff housing, and boarding schools.
StarRez’s AI-powered tech includes community management, data analysis, and automated billing to enhance resident experiences and streamline housing operations.
It recently acquired Seattle Technology, a higher education conference and event management system, and Rent College Pads, an online platform connecting college students with landlords.
What sets it apart: While StarRez’s acquisitions demonstrate a commitment to expanding operator value across diverse housing sectors, its innovative features—comprehensive resident self-service, community engagement, and communication tools—make it a leading company to watch.
Year founded: 1992
Location: Denver, Colorado, US
Latest funding round: Undisclosed private equity raised from Vista Equity Partners in 2022
2. Res:Harmonics
Res:Harmonics specializes in PMS solutions tailored for serviced apartments, aparthotels, co-living, and build to rent spaces.
Coliving Awards has recognized Res:Harmonics as an industry leader, nominating it as one of the best coliving software solutions for three consecutive years. It offers tools for booking management, finance, and resident experience, helping operators optimize operations and enhance profitability.
For example, Res:Harmonics can automate routine tasks, like communications and payments, so property managers can reduce costs and enhance the community experience.
What sets it apart: Res:Harmonics’ award-nominated software offers operators a proven all-in-one solution to achieve operational excellence, boost community engagement, and maximize revenue.
Year founded: 2009
Location: Birmingham, United Kingdom
Latest funding round: Undisclosed
3. MRI
As one of the most mature proptech companies on the list, MRI is an AI-powered software solution for multifamily, build to rent, student housing, and corporate real estate.
It helps owners, operators, and investors with property management, accounting, and investment management so they can improve operational efficiency and decision-making.
MRI has acquired 52 companies over the years, including Angus Systems, Capita One, and Insurent, which has helped it expand its offerings of innovative solutions. This includes customizable dashboards and flexible configurations that enable operators to adapt it to their unique needs.
What sets it apart: MRI’s many strategic acquisitions drive continuous improvement, offering tailored solutions that evolve with the property management industry.
Year founded: 1971
Location: Solon, Ohio, United States
Latest funding round: $15 million in debt financing in 2021
4. Lavanda
Lavanda‘s award-winning PMS solution for student accommodation, multifamily, and serviced living sectors. It reduces day-to-day operations and allows managers and owners to consolidate multiple software needs into one platform, from community engagement and leasing to operations, accounting, and reporting.
Lavanda also offers tools for flexible leasing, helping operators increase occupancy and maximize revenue based on seasonal demand. It created and published its Global Flex Report 2024, which provides insights into the flexible living model and its impact on the residential space.
To date, Lavanda has received five rounds of funding, totaling $15.6 million.
What sets it apart: Lavanda’s multi-functional platform revolutionizes student living, enabling operators to meet changing demands and enhance profitability by integrating short student stays with longer academic leases.
Year founded: 2014
Location: London, England, United Kingdom
Latest funding round: $7.3 million in Series B funding in 2022
5. PointCentral
PointCentral, part of Alarm.com, is a smart property technology platform offering a centralized property automation solution for vacation rental and multifamily sector property managers. Its platform is enterprise-ready, enabling operators to manage thousands of properties via one consolidated platform.
PointCentral’s solutions are far-reaching. They range from energy management, water management, smart home, and property access management to self-guided tours for prospective renters to book online, as well as security solutions—all from a single app. Its smart home technology solution helps operators improve security, energy efficiency, operational workflows, and the guest/resident experience.
What sets it apart: PointCentral’s comprehensive and innovative features make it a leading proptech company that enhances operational efficiency, asset protection, and resident satisfaction.
Year founded: 2012
Location: Portland, Oregon, United States
Latest funding round: Undisclosed
Discover how PointCentral boosted its exposure to be recognized as an industry leader. Read our case study.
6. iOpt
With iOpt, asset managers, finance, and maintenance teams in the UK can use real-time data analytics to improve energy efficiency and environmental performance in residential properties.
Specializing in sustainability, a practical necessity as well as one of the hottest proptech trends, iOpt provides insights to optimize building performance, reduce operational costs, and enhance the tenant experience. For example, its data sensors detect fuel poverty and alert owners and managers so they can work with tenants to increase their well-being.
What sets it apart: Specifically designed for social housing providers, iOpt’s advanced remote property monitoring solutions enhance operational efficiency, safeguard asset integrity, and promote tenant health.
Year founded: 2016
Location: Glasgow, Glasgow City, United Kingdom
Latest funding round: Undisclosed
7. REalyse
A residential data platform, REalyse helps property managers, investors, and developers make decisions.
Its data analytics solutions for the real estate sector provide insights into market trends, property performance, and investment opportunities.
Two key features are its user-friendly heat mapping and instant reporting, which make it easy to understand the data and glean insights. Operators can even personalize dashboards to align with their workflows.
REalyse has received £3.5 million in total funding to date.
What sets it apart: This customizable analytics platform stands apart for its ability to enhance data accessibility, analysis, and decision-making for the UK residential property market.
Year founded: 2015
Location: London, England, United Kingdom
Latest funding round: £3 million in Series A funding in 2019
8. Spike Global
By unifying data in one place, Spike Global delivers three solutions—a PMS, letting management, and resident engagement.
Spike Global is designed for residential communities, including the build to rent and multifamily sectors. With it, operators can automate tasks and enhance tenant communication while residents can self-manage on-demand concierge services and visitor check-ins.
This proptech company offers a win-win solution for operators and tenants by increasing efficiency for all.
What sets it apart: Community-member and operator insights continuously shape Spike Global’s suite of tech solutions, fostering enhanced engagement, retention, efficiency, and asset value for operators.
Year founded: 2011
Location: Bournemouth, United Kingdom
Latest funding round: Undisclosed
9. Utopi
An environmental, social, and governance (ESG) technology platform, Utopi provides smart building technology solutions for the multifamily and student accommodation sectors.
Utopi’s data acquisition and analysis helps asset managers, investors, and operators understand asset performance, energy management, and resident well-being.
Winner of multiple awards, including Build’s best 2023 ESG technology platform and best 2023 proptech developer, and recognized as a cleantech leader by Deloitte, Utopi integrates with IoT devices to monitor and optimize building performance.
What sets it apart: An industry-recognized leader in ESG tech for property management, Utopi offers a turnkey solution for smart energy control and enhanced tenant engagement that can adapt across markets worldwide.
Year founded: 2019
Location: Glasgow, United Kingdom
Latest funding round: £5 million in Series A funding in 2023
10. ElevateOS
Formerly Elevated Living, ElevateOS is a property technology company offering PMS solutions to operators in the multifamily and build to rent spaces.
ElevateOS enhances operational efficiency for property managers and owners through tools such as engagement analytics, rent payments, and maintenance requests.
On the flip side, its resident app helps improve the tenant experience through features such as in-app rent payment and self-managed service bookings (e.g., concierge services).
What sets it apart: Its comprehensive resident platform and PMS tools enable ElevateOS to offer operators deep insights so they can personalize and enhance the resident experience.
Year founded: 2014
Location: National, Maryland, United States
Latest funding round: Undisclosed
Discover what ElevateOS’ founder and CEO, Konrad Koczwara, has to say about the tech trends of multifamily living and what’s on the horizon. Listen to the podcast.
11. Flexipass
A keyless door-opening solution, Flexipass provides smart access for residential properties, including the multifamily and student accommodation sectors.
Its keyless entry system integrates with a wide variety of PMS to enhance security and convenience.
Tenants use the Flexipass app to open doors and enter residential spaces, while operators use its software to manage guest access. It saves operators time and, thanks to its strategic partnerships, Flexipass offers online check-in and upselling opportunities to residents directly from its app.
What sets it apart: As an expert in door-opening tech, Flexipass is a proven solution for operators to enhance resident experiences through smart-access advancements.
Year founded: 2016
Location: Merano, Italy
Latest funding round: Undisclosed
12. resicentral
Focusing on property management efficiency, resicentral offers smart green solutions in the multifamily, build to rent, coliving, serviced living, senior living, and short term rental spaces.
With resicentral’s smart tech and automated alerts, owners and operators can educate tenants and renters to be more energy efficient.
Monitors and sensors also automatically adjust temperature controls and alert operators and tenants to poor air circulation and increased humidity, enhancing the resident experience.
What sets it apart: Though new on the proptech scene, resicentral’s robust technology offerings for enhanced property management and sustainability already distinguish it as an industry leader.
Year founded: 2022
Location: Skelton, England, UK
Latest funding round: Undisclosed
Suzanne Luscombe, resicentral’s Strategic Growth Director, shares how technology is redefining the flexible living space. Check out the podcast episode.
13. Minut
Minut is a Swedish tech company specializing in property monitoring solutions for the EU, US, and UK markets. Its devices monitor noise levels, occupancy, motion, temperature, and humidity without recording sound or visuals, ensuring guest and tenant privacy.
Designed for short-term rentals, multifamily residences, and student accommodations, Minut helps protect properties and neighborhoods from anti-social behaviour, all while improving the tenant experience. Its real-time climate monitoring system can prevent disturbances, enhance safety, and maintain community trust.
What sets it apart: Minut is one of the few proptechs offering genuinely privacy-safe solutions that enhance property management and resident experiences.
Year founded: 2014
Location: Malmö, Skane Lan, Sweden
Latest funding round: Undisclosed
How to stand out in the competitive proptech landscape with Abode
The companies above are redefining how owners, investors, and operators buy, sell, rent, and manage real estate. But standing out in this competitive space requires more than just a great product—it takes strategic positioning, brand authority, and the right visibility.
That’s where Abode Worldwide comes in. We’re a PR agency specializing in proptech, helping companies cut through the noise and establish themselves as industry leaders.
Whether you’re a startup looking to gain traction or an established player aiming for global recognition, our strategic communications and proptech PR expertise can help you reach the right audience, attract investors, and grow your business.
If you are a proptech company, we can help you build your reputation and become one of the top proptech companies to watch, just like the businesses listed above and in our success stories.
Are you a proptech startup looking to build your brand’s reputation through strategic PR? Drop us a line.
FAQ
What is a proptech company?
A proptech company uses technology to improve real estate services, such as buying, selling, leasing, and managing properties.
Through the use of digital tools and data analytics, proptech companies can help operators streamline operational processes and revenue management while enhancing the tenant and guest experiences in the property market.
What is a proptech startup?
A proptech startup is an emerging, technology-driven business focused on creating innovative solutions in the real estate sector.
New businesses with advanced digital platforms and cutting-edge software and data analytics that solve common industry challenges, like operational efficiency and energy management, can find a space in the proptech market.
What is the largest proptech company in the world?
Airbnb is one of the largest proptech companies globally because of its valuation—it has a market cap of $82.11 billion—and market influence. Zillow and Compass also rank highly, with a market cap of $17.39 billion and $4.69 billion, respectively.
Sources:
*Fortune Business Insights PropTech Market Size, Share, Trends | Forecast Report [2032]
**Creti 2023 Proptech Venture Capital Report
