20 Top Real Estate Startups to Follow in 2023

Mobile phone screen with a real estate app.

Whether you’re a renter, homeowner, or landlord — many people can attest to the need for a more streamlined approach to real estate. Fortunately, there are startups creating groundbreaking solutions in the real estate sector. From digitizing the closing process to providing a new rent-to-own system that empowers tenants to become homeowners, these are the top real estate startups to watch in 2023.

Recommended: Learn how to launch your own company by reading our comprehensive guide on how to start a startup.

Best Real Estate Tech Startups

Buying, selling, and managing real estate doesn’t have to be difficult. These top real estate startups are paving the way for an easier, more efficient way to manage real estate through easy-to-use tenant verification software and innovative proptech developments.

Disclaimer: With so many exciting real estate tech 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. SmartRent

  • Location: Scottsdale, Arizona
  • Funding: $256.5 Million

Property owners, managers, and homebuilders are able to streamline operations using the innovative software platform SmartRent, which assists with managing properties and even identifying new revenue opportunities.

2. Homeward

  • Location: Austin, Texas
  • Funding: $501 Million

Homeward is a home-buying platform that aims to empower both the agent and buyer to make cash offers, negotiate prices, and even establish move-in dates on their own terms.

Discover more top startups in Austin.

3. Snapdocs

  • Location: San Francisco, California
  • Funding: $253 Million

Snapdocs’ eVault is created specifically for the mortgage industry. Every step, from title and escrow to closings, is manageable through Snapdocs’ easy-to-use platform.

4. EasyKnock

  • Location: New York City, New York
  • Funding: $401.7 Million

Renters looking to buy their home can use EasyKnock to achieve their goal of homeownership through the company’s new take on the rent-to-own model, which makes homeownership more accessible.

Explore more top startups in NYC.

5. Rhino

  • Location: New York City, New York
  • Funding: $140.8 Million

Rhino is a security deposit alternative that allows renters to pay off their deposit in monthly increments, keeping their money in their pocket and simplifying the move-in process.

Feeling inspired? Learn how to launch your company with our guide on how to start a startup.

6. HqO

  • Location: Boston, Massachusetts
  • Funding: $106.9 Million

HqO is an operating system that aims to enhance the tenant experience for those renting office spaces by providing innovative solutions for property managers, owners, and landlords.

Discover more top Boston startups.

7. Own Up

  • Location: Boston, Massachusetts
  • Funding: $49.7 Million

Own Up is a marketplace for buyers to explore, compare, and connect with top lenders to make the process of buying a home within their budgetary constraints transparent and straightforward.

8. Spruce

  • Location: New York City, New York
  • Funding: $110.1 Million

Spruce is a real estate platform on a mission to make the home buying experience affordable, accessible, and simplified by providing real estate businesses with a more streamlined system and acting as a third party to ensure transparency and effective communication between parties.

9. VTS

  • Location: New York City, New York
  • Funding: $462.4 Million

VTS is a commercial real estate platform that aims to streamline the tenant experience by taking leases, asset management, and marketing to the internet, ensuring a more efficient and streamlined approach for both owners and tenants.

10. Lane (Acquired by VTS)

  • Location: Toronto
  • Funding: $13.9 Million

Lane virtually connects physical workplaces to create a streamlined workflow that helps to attract and retain talent.

11. Neighbor

  • Location: Lehi, Utah
  • Funding: $65.7 Million

Neighbor empowers homeowners to turn extra space into profit by renting storage space on their property or in their homes. Through the Neighbor platform, users can find space for cars, goods, and more right in their neighborhood.

12. 75F

  • Location: Burnsville, Montana
  • Funding: $29.9 Million

75F puts building management at your fingertips. Manage air quality, energy use, and mitigate hot or cold spots in your building — all on its easy-to-use platform.

13. Homelight

  • Location: San Francisco, California
  • Funding: $742.5 Million

Whether you are buying or selling a home, Homelight provides an easy-to-navigate dashboard of potential real estate agents for you to explore, compare, and vet easily, complete with reliable recommendations and reviews.

14. Raise

  • Location: San Francisco, California
  • Funding: $26.5 Million

Raise is innovating the commercial real estate industry by leveraging the power of technology to offer a platform for companies to search and book office spaces hassle-free.

15. Qualia

  • Location: San Francisco, California
  • Funding: $160 Million

Used by real estate giants Redfin and Realtor.com, Qualia is a trusted real estate closing platform that is paving the way for a digitized home selling process.

16. Frontdesk

  • Location: Milwaukee, Wisconsin
  • Funding: $21 Million

Frontdesk is a short-term rental platform for high-quality stays in desirable locations curated by travel experts. Each rental is designed for optimal comfort and improved customer experience, providing a more reliable, enjoyable rental experience.

17. Triplemint

  • Location: New York City, New York
  • Funding: $19.3 Million

Triplemint is both a software and real estate tech startup, revolutionizing how consumers buy, sell, and rent homes through their online property search tools and extensive group of offline real estate professionals.

18. LEX

  • Location: New York City, New York
  • Funding: $27.5 Million

LEX is a real estate investing platform that allows users to buy shares of commercial real estate properties for as little as $250 per share, making real estate investing accessible to a larger percentage of the population.

19. RentSpree

  • Location: Los Angeles, California
  • Funding: $27.7 Million

RentSpree is a tenant verification platform that streamlines the vetting process for landlords or property owners and managers to get spaces rented quickly without sacrificing tenant quality.

Explore more top startups in Los Angeles.

20. Doorstead

  • Location: San Francisco, California
  • Funding: $37.3 Million

Doorstead is a property management platform that simplifies leasing practices to ensure landlords and property owners receive guaranteed rental income without the stress.

Recommended: Check out our full list of the top startups to watch in 2023!

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