MPIM PropTech Venture Capital panelists From left: Samuli Siren, Sean Muellers, David Gerster, Clelia Peters/ Photo by Betsy Kim

NEW YORK CITY—Clelia Peters, co-founding partner of MetaProp NYC, sees a big future for investing in real estate technology.

In 2014, $1.2 billion venture capital was invested into companies under the broad umbrella of proptech. She added that in 2018 year-to-date, the figure reached $3.5 billion, excluding secondary investments such as what SoftBank is considering with WeWork. Contrasting these dollar amounts with financial technology, she stated $16.7 billion was invested in fintech companies in 2017 compared to $3.4 billion in proptech.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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