MetaProp Accelerator's demo day showcases five early-stage startups - Business Insider

, the fifth that the real estate tech-focused venture fund has hosted at New York's Columbia University.

During his opening remarks, Metaprop co-founder and partner Zach Aarons said that MetaProp's own tally, not yet finalized, showed more than $10 billion in the category. That number is up 20 times from 2015, the year MetaProp was founded. Aarons clarified that MetaProp tired to remove as much "prop" from their tally, only including true technology businesses.

MetaProp's Zach Aarons followed up with his "State of the Union," a summary of the past and the future of proptech.Aarons said that he is "bullish" about the current state of proptech. He said that he expects to see $12 billion in proptech investment this year, up from $10 billion in 2019. He also highlighted ESG, and said that in this decade we will see truly carbon neutral development and 60 story tall buildings built with cross laminated timber, a processed wood material that is touted for sequestering carbon.

Ali Khaloo, the founder and CEO of Aren, presented his company's software that creates 3D models of bridges and other infrastructure to streamline the inspection process.Khaloo began his pitch by walking through the manual process behind mandatory bridge inspections. Khalid David, CEO and founder of TracFlo, spoke next. He came to the stage in a hard hat, and explained how his past in construction brought him to create a product that streamlines a process that was once one of his biggest headaches.TracFlo is software that tracks and communicates change orders in construction. Change orders are the process where a contractor proposes a potential change to a contract because construction is more expensive than previously expected.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These 14 startups are trying to get consumers to rent instead of buy - Business InsiderBe it for cost or convenience, consumers are getting used to the idea of sharing through both peer-to-peer platforms and direct-to-consumer sites.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Newsticker - News & Tipps von Business Insider DeutschlandTrending: Big Tech companies are getting older but they can still learn new tricks Is that fortnite. RIP old fornite map. Fortnite really streching for advertising
Source: BusinessInsider - 🏆 729. / 51 Read more »

Elon Musk is hiring at SpaceX, which is hosting a career day Thursday - Business InsiderElon Musk is looking to hire engineers, supervisors, and technicians for his rocket company's Starship project.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market day-trading strategy: Order flow and scalping with size - Business InsiderJosh Evans' cancer diagnosis motivated him to start trading stocks full time. He shares the changes in strategy that completely turned around his investing fortunes.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Elon Musk lost nearly $6 billion in one day as Tesla sank 17% - Business InsiderAt the peak of Tesla's rally, Musk was ranked as high as No. 20 on the Bloomberg Billionaires Index. He now sits at No. 25. Ouch!!😖😖 He lost nothing if the shares were not sold. 🤷‍♂️ it's ok, he still has $37.1 billion left
Source: BusinessInsider - 🏆 729. / 51 Read more »