PropTech and RentTech Are Poised to Take Off in 2019

Rental property owners are undergoing a major digital transformation to provide a better resident experience which is fueling an investment feeding frenzy. 2017 was PropTech’s coming out party as venture capital firms invested $12.6 billion in PropTech companies and the industry kept the momentum going in 2018 as 96 percent of this same group of VCs indicated they would make the same number or more investments this year.