9 Innovative Blockchain Real Estate Startups 2024
Last Updated: By TRUiC Team
Cryptocurrency is the first thing that comes to mind when most people think of the blockchain. Along with securing crypto transactions, though, blockchain technology can be used for a broad range of other functions. One such function is facilitating real estate transactions, and blockchain in the real estate industry is already making a major splash.
With that said, let's take a look at top blockchain real estate startups that are worth watching in 2024.
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Top Blockchain Real Estate Startups
Every year, new startups pull to the forefront of their industry through exciting innovation, tech, and industry-disrupting business models. We’ve rounded up the best blockchain real estate startups of 2024 that startup lovers, investors, and aspiring entrepreneurs should follow.
Disclaimer: With so many exciting startups launching and growing worldwide, we aren’t able to cover them all. Furthermore, the startups that are listed below are not officially ranked and are listed in no particular order.
1. SafeWire (Acquired by Closinglock)
- Location: Columbus, Ohio
- Founders: Chris Sauerzopf, Robert Zwink, Tony Franco
- Founded In: 2017
- Funding: $3 Million
- Investors Include: Peter Knight, NCT Ventures
Wire fraud is a big problem in the real estate industry, presenting the chance for hackers to hijack vulnerable transactions. To make real estate transactions more secure for buyers and sellers alike, SafeWire secures transactions on a blockchain network from the moment that they are sent to the moment that they are received and processed.
2. Vairt
- Location: Cincinnati, Ohio
- Founders: Jamil Ahmed Sukhera, Sabeen Ahmed
- Founded In: 2019
- Funding: $200,000
- Investors Include: LC Ventures, OCEAN Accelerator
Investing in fractional real estate provides investors with the opportunity to build a diversified real estate portfolio without having to purchase entire properties outright. Founded in 2019, Vairt is a platform that offers a range of tools and resources designed to facilitate fractional real estate investing - all of which are secured via a robust blockchain network.
3. PropertyClub
- Location: New York, New York
- Founders: Andrew Weinberger
- Founded In: 2018
- Funding: Unknown
- Investors Include: Unknown
PropertyClub is a real estate platform that allows sellers to list and market their properties and buyers to search for and purchase listings. To process transactions swiftly and securely, PropertyClub uses smart contracts and cryptocurrencies such as Bitcoin. The company also offers its own PropertyClub Coin that can be used to purchase property on the platform.
Discover more top startups in NYC.
4. RealBlocks
- Location: New York, New York
- Founders: Naman Srivastava, Perrin Quarshie
- Founded In: 2017
- Funding: $10.8 Million
- Investors Include: Crosslink Capital, Ulu Ventures
Another platform for investing in fractional real estate, RealBlocks lets buyers purchase fractional interests in properties rather than entire portfolios and assets. These transactions are facilitated through tokenization and blockchain technology to reduce fees, improve efficiency, and boost security.
5. SMARTRealty
- Location: Seattle, Washington
- Founders: Ernie Wong, DeWayne Smart
- Founded In: 2017
- Funding: Unknown
- Investors Include: Unknown
SMARTRealty is a company that helps facilitate property purchase and rental agreement contracts via smart contracts on the blockchain. With smart contracts from SMARTRealty, sellers and renters are able to establish protocols that, if not met, will cause the contract to automatically be dissolved.
Discover more top startups in Seattle.
6. Blocksquare
- Location: Ljubljana, Slovenia
- Founders: Denis Petrovcic, Peter Merc, Viktor Brajak
- Founded In: 2019
- Funding: $170,300
- Investors Include: Blockchers, European Commission
Using real estate tokenization protocol, Blocksquare is able to digitize the value of commercial real estate properties. Blocksquare also provides a white-label platform that companies can use to launch their own real estate investment platforms.
7. RealtyBits
- Location: Palo Alto, California
- Founders: Ola Wiberg, Umed Latifov
- Founded In: 2018
- Funding: Unknown
- Investors Include: Coinbase Ventures, Johnathan Downey
RealtyBits is a company in the Silicon Valley area that strives to make investing in real estate more accessible to the average person. Leveraging blockchain technology, the company allows investors to easily purchase fractionalized real estate as well as other assets.
8. Figure
- Location: San Francisco, California
- Founders: Alana Ackerson, Cynthia Chen, June Ou, Michael Cagney, Sara Priola
- Founded In: 2019
- Funding: $1.5 Billion
- Investors Include: HOF Capital, Digital Currency Group
Figure is a company that leverages blockchain technology to provide a wide range of financial services to individuals and institutions alike — including services related to the real estate industry. Home equity lines of credit, home improvement loans, and home buy-lease back offerings are just a few of the services that Figure provides.
9. Ubitquity
- Location: Wilmington, Delaware
- Founders: Nathan Wosnack
- Founded In: 2018
- Funding: $1.4 Million
- Investors Include: Unknown
Ubitquity uses an open-source blockchain platform for securely recording and tracking property titles of all types. The company also offers a product called UbitquityPay that lets users purchase real estate with cryptocurrency.
Recommended: Check out our full list of the top startups to watch!
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