Ten startups from all over the world have been selected to participate in the 2019 Colliers Proptech Accelerator, powered by Techstars, in Toronto, Canada. With the intersection of tech and real estate, also known as Proptech, reaching a tipping point, the program received an unprecedented number of applications from over 50 countries this year. After a rigorous selection process, the ten best startups have been chosen to join the program for 13 weeks, starting on September 9th and ending with Demo Day on December 4th.
Building on the success of last year’s inaugural class, and with the aim of growing the global Proptech entrepreneurial ecosystem, the program is exploring longer-term opportunities and advanced solutions to disrupt the industry. The selected startups are a geographically diverse group of founders with a strong desire to build innovative products, grow their businesses, and benefit from the global resources and expertise offered by the program. The startups are joining from cities such as Singapore, Madrid, Vantaa, Gold Coast, Berkeley, Denver, and Toronto.
The program is fortunate to have the support of Colliers International, a global partner with a deeply committed team of mentors and a wealth of global reach and expertise, to run the accelerator.
The startups in our program are driving innovation across various domains in the built world, including machine learning/AI, blockchain, and visualization solutions like AR/VR. These technology advancements are making it possible for us to address a more extensive range of areas upstream in the real estate value chain, which was considered far-fetched just a few years ago. This shift in perception is a clear indication of how quickly Proptech is evolving, and early adopters in the industry are sure to benefit from our upcoming class.
In addition, we are revamping our Demo Day format to meet the needs of an industry that is increasingly looking for deeper relationships with startups. This year’s Demo Day format will prioritize fostering more meaningful connections between the industry and startups. To achieve this, we are proud to be the title sponsor of Buildings Connect at The Buildings Show (December 4-6) and the technology partner of The Real Estate Forum (December 4-5), adding a digital innovation dimension to the real estate conversation. We have also partnered with Michael Beckerman to launch the first episode of CREtech Toronto, which will feature a week of content focused on real estate and technology in the city. Canada is primed for Proptech to shine!
To those in the industry looking to collaborate with Colliers, other industry leaders, Techstars, and each other, we offer a global platform that can help you succeed. I invite you to join us!
ADEx, based in Berkeley, USA, uses machine learning and natural language processing to extract structured data from legal documents, which they then combine with online sources to provide deeper insight and predictive analytics.
AREX Real Estate Technologies in Madrid, Spain, creates real estate solutions using Blockchain and other advanced technologies.
Bred Token, headquartered in Toronto, Canada, provides freedom, security, liquidity, and tradability on public stock exchanges. Bred Token allows you to control your real estate experience with confidence while keeping it secure, transparent, and simple for trading.
BlueSuit, based in Denver, USA, uses modern artificial intelligence and machine learning technology to replace and advance the analyst teams exclusive to institutional owners, creating unique insights for the commercial real estate investment lifecycle.
Fast Office, also based in Toronto, helps tenants make timely decisions on office space by generating 3D layouts with a total cost of occupancy in minutes that gets them to offer fast.
Finneo/Capstack, another company based in Toronto, offers a comprehensive technology platform for Commercial Real Estate Debt management and placement.
PropertyQuants, headquartered in Singapore, was founded by a team of PhD ex-quant traders looking to apply quantitative finance and data science techniques to global real estate, to improve decision making and help investors beat the market.
Realar, based in Gold Coast, Australia, is an Augmented Real Estate app that helps people spatially visualize property as life size walkthroughs before it’s built.
Skenario, based in Helsinki, Finland, is a company that uses data and AI to assess the value and risks associated with both residential and commercial real estate properties. Their innovative technology allows for more accurate predictions of property values and potential hazards.
Talox is an advanced inventory and deal management system designed specifically for the commercial real estate industry in the Asia Pacific region. Utilizing the power of cloud technology and data analysis, Talox is able to provide businesses with comprehensive tools for managing their real estate assets. Based in Singapore, Talox is at the forefront of innovation in the commercial real estate industry.
