blackprint PropTech Report 2023 - English Version
Despite mirroring the industry landscape, multiple records have been broken and billion-dollar investment volumes achieved
895 (+14%) active PropTech startups in Germany - €1.119 billion financing volume in 2023 (+46%) - The PropTech market is maturing, as evidenced by the financing rounds and employee tiers. New startups and financing volumes are driven by energy efficiency and construction & renovation. Economic challenges particularly affect PropTechs in marketing, leasing, sales, and concepts & services for tenants & users. Berlin remains the PropTech capital, while B- and C-cities are gaining relative attractiveness for PropTechs. General venture capital firms lead in the number of participations in financing rounds.
