Levent Künzi is Co-Founder and CEO of Properti, a tech-driven real estate company dedicated to modernizing residential real estate in Europe
According to CB Insights, global investment in proptech businesses and real estate startups reached $8.9 billion USD in 2019, far above the $1.7 billion in investment just four years earlier. This global trend of investing in startups in the real estate sector has also been visible in Switzerland. With the country’s real estate sector traditionally rather slow to change, these startups are still the new kids on the block. However, thousands of them are already sparking a revolution in the country’s economy. With an additional boost from the pandemic in 2020 — which brought digital ways of working to the front — startups are set to grow in Switzerland.
In the real estate sector, proptech startups have been mushrooming out of the ground. They are competing with more