PropTech is most of the way through a deep capital correction. iBuying and balance-sheet-heavy models left the venture market, valuations have reset materially, and recent rounds price on actual unit economics rather than category-leadership narratives. Capital remains available for profitable software, payments and resident-services operators, but pre-product platforms face a far tougher environment than two years ago.

The active investor mix runs across proptech specialists (Fifth Wall, Camber Creek, MetaProp, Moderne Ventures), climate-adjacent funds where electrification and building performance are part of the thesis, fintech investors for payments and lending in property, and the corporate venture arms of the real-estate strategics, brokerages and insurers where strategic distribution matters. Flow has direct relationships with the specialist funds, climate investors and CVCs active in the category.

Flow has experience running VC fundraising processes for proptech companies across property management software, residential and commercial brokerage technology, mortgage and title platforms, real-estate construction and project management, and resident services and lease-tech. Our extensive investor network spans early-stage seed funds, growth-stage investors, and strategic and corporate VC arms.