
Senior Airman Brett Clashman / Wikimedia Commons (Public domain)
US PropTech companies are transforming a $43T real estate market through AI-powered valuations, digital transactions, construction management, and commercial leasing platforms. After a 2022-2023 correction, the sector is rebounding with AI integration driving new efficiencies in brokerage, property management, and data analytics. The PropTech market is projected to reach $86B globally by 2030, with construction tech, smart buildings, and rental platforms accounting for the largest growth segments. Institutional adoption of 3D spatial data and IoT-enabled property management is accelerating across all asset classes.
Curated by our tech editors. Practical, hands-on reviews weighted by community vote — updated as the field evolves.
Zillow generated $1.9B revenue in 2023 with 235M+ monthly unique visitors making it the #1 US real estate marketplace. Its Zestimate AI model covers 100M+ homes; post-iBuying pivot focuses on Super App connecting buyers with agents, mortgages, and rentals.
CoStar Group reported $2.4B revenue in 2023 from commercial real estate data serving 180,000+ broker, lender, and investor subscribers. Its Apartments.com marketplace lists 1M+ rental units; the $1.6B acquisition of Homes.com positions it as a Zillow rival.
Opendoor processed $14.1B in home sales revenue in 2022 using algorithmic pricing to buy and resell homes in 50+ US markets. Its AI valuation model analyzes 100+ home attributes and market signals; the company has transacted 200,000+ homes since 2014.
Redfin generated $978M revenue in 2022 serving 56M+ monthly visitors with agent-based brokerage, mortgage, and title services. Its 1.5% listing fee versus industry-standard 2.5-3% saved customers $1.4B in fees; acquired by Rocket Companies in 2024.
Compass facilitated $183B in gross transaction value in 2022 with 28,000+ agents on its proprietary technology platform. The platform provides AI-powered CRM, market insights, and marketing tools; Compass holds 4.5%+ US residential real estate market share.
Procore reported $891M revenue in 2023 growing 33% YoY as the leading construction management SaaS platform. Its software manages $1T+ in construction volume annually across 16,000+ customers; project management, financials, and workforce tools cover the full build lifecycle.
VTS reached a $1.5B valuation with its commercial real estate leasing and asset management platform used by 60%+ of Class A office landlords in the US. VTS Data tracks $600B+ in lease transactions annually, providing market intelligence to 45,000+ real estate professionals.
Roofstock has facilitated $5B+ in single-family rental transactions across 70+ US markets since 2015. Its marketplace lists 2,000+ investment properties monthly with neighborhood analytics and projected returns; Roofstock One fund allows fractional ownership from $5,000.
CBRE, the world's largest commercial real estate firm at $30.8B revenue, deployed its proprietary digital platform managing 3B+ sq ft of facilities. Its AI-powered host app serves 130+ corporate campus clients; digital and investment management revenue grew 20% in 2023.
Lessen raised $170M at $1B+ valuation to digitize property maintenance and renovation for institutional landlords managing 600,000+ units. Its platform connects 30,000+ vetted contractors with property managers, reducing maintenance turnaround time by 40% versus traditional models.
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Zillow generated $1.9B revenue in 2023 with 235M+ monthly unique visitors making it the #1 US real estate marketplace. Its Zestimate AI model covers 100M+ homes; post-iBuying pivot focuses on Super App connecting buyers with agents, mortgages, and rentals.
CoStar Group reported $2.4B revenue in 2023 from commercial real estate data serving 180,000+ broker, lender, and investor subscribers. Its Apartments.com marketplace lists 1M+ rental units; the $1.6B acquisition of Homes.com positions it as a Zillow rival.
Opendoor processed $14.1B in home sales revenue in 2022 using algorithmic pricing to buy and resell homes in 50+ US markets. Its AI valuation model analyzes 100+ home attributes and market signals; the company has transacted 200,000+ homes since 2014.
Redfin generated $978M revenue in 2022 serving 56M+ monthly visitors with agent-based brokerage, mortgage, and title services. Its 1.5% listing fee versus industry-standard 2.5-3% saved customers $1.4B in fees; acquired by Rocket Companies in 2024.
Compass facilitated $183B in gross transaction value in 2022 with 28,000+ agents on its proprietary technology platform. The platform provides AI-powered CRM, market insights, and marketing tools; Compass holds 4.5%+ US residential real estate market share.
Procore reported $891M revenue in 2023 growing 33% YoY as the leading construction management SaaS platform. Its software manages $1T+ in construction volume annually across 16,000+ customers; project management, financials, and workforce tools cover the full build lifecycle.
VTS reached a $1.5B valuation with its commercial real estate leasing and asset management platform used by 60%+ of Class A office landlords in the US. VTS Data tracks $600B+ in lease transactions annually, providing market intelligence to 45,000+ real estate professionals.
Roofstock has facilitated $5B+ in single-family rental transactions across 70+ US markets since 2015. Its marketplace lists 2,000+ investment properties monthly with neighborhood analytics and projected returns; Roofstock One fund allows fractional ownership from $5,000.
CBRE, the world's largest commercial real estate firm at $30.8B revenue, deployed its proprietary digital platform managing 3B+ sq ft of facilities. Its AI-powered host app serves 130+ corporate campus clients; digital and investment management revenue grew 20% in 2023.
Lessen raised $170M at $1B+ valuation to digitize property maintenance and renovation for institutional landlords managing 600,000+ units. Its platform connects 30,000+ vetted contractors with property managers, reducing maintenance turnaround time by 40% versus traditional models.
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