How Seattle can become a global leader in Real Estate and Construction Tech (+ Seattle Proptech Market Map)

Last night, I spoke as a panelist on one of the real estate tech tracks as part of Seattle Startup Week. The topic was how Seattle can emerge as the global leader at the intersection of Fintech, Real Estate Tech and Digital Construction. It’s no secret funding and interest in Proptech is exploding with rapid growth in the number of startups and multiplying investment from VCs, Real Estate Industry leaders, Wall Street and private investors.  Seattle is already America’s fastest growing city with a rapidly appreciating real estate market driven largely driven by the booming local technology industry and record-setting construction market.

How can the investment community, entrepreneurs, Microsoft, Zillow, Redfin, Amazon and digitally progressive real estate and construction companies coalesce to accelerate democratization and digitalization of the largest asset class and the built environment we all live in? Why isn’t Seattle thought of as a proptech hub the way New York, San Francisco and — to a lesser degree — Toronto, Los Angeles, and Chicago are?

Panelists:

• Mollie Fadule from Cephas Partners
• Chris Picadaro from Madrona Venture Group
• Chad Zinda from Metropolist
• Drew Meyers (me)
• Greg Howes from CutMyTimber (moderator, organizer, and Geek Estate Mastermind founding member)

Here’s a logo map of both the major players, as well as startups in the area.

• Zillow (Geek Estate Mastermind member)
• Redfin
• Katerra
• Amazon (Smart Home/Alexa)
• eXp Realty (HQ in Bellingham)
• Market Leader (Geek Estate Mastermind member)

and…

• CityBldr (Geek Estate Mastermind founding member, interview with Bryan Copley)
• FlyHomes (Geek Estate Mastermind member)
• CoBuy (Geek Estate Mastermind member)
• Zingfix
• Blokable
• Knock
• Faira
• Brivity (Bellingham HQ, Geek Estate Mastermind member)
• Unearth
• Loftium
• Lubn (Geek Estate Mastermind member)
• The Riveter
• Pallet
• Pellego
• Estately (now owned by Realogy)
• BuildingBits (HQ in Portland)
• Jet Closing
• Domicile
• Stay Alfred (HQ in Spokane)

Interested in attending events in Seattle?

Join the Seattle Proptech Meetup Group

It’s worth noting that there are monthly Geek Estate Mastermind member lunches, the next one being October 24th. There’s no agenda, other than efficient networking in a small intimate setting in order to meet & talk one on one with other real estate techies. If you’d like to attend as a guest, shoot me an email at drew @ geekestatelabs dot com with a link to your Linkedin profile and your company website.

For those interested, below is the slide deck I used to set the stage for the discussion.

View Slidedeck

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