Proptech News 04/25/2025
Proptech company Steadily raises $30m in Series C round - Life Insurance International
US-based landlord insurance provider Steadily has secured $30M in a Series C funding round, valuing the company at $355M. The funding was led by Two Sigma Ventures, with contributions from Zigg Capital, Clocktower Technology Ventures, Belfer Investment Partners, Nine Four Ventures, and Matrix Partners. Steadily's total funding is $89.5m, up from $28.5m in a Series B round in 2023. The company, launched in 2020, has reported more than $250m in annualised gross written premium and offers insurance solutions targeted at real estate investors. Its customer base includes 18 million individual rental property owners in the US, who own many single-family rental properties. Steadily's growth is partly due to its proptech integrations, which have reached over 400 companies such as Roofstock, TurboTenant, FurnishedFinder, and BiggerPockets. These integrations facilitate the automatic ingestion of property data, enabling users to receive instant insurance cost estimates without manual input. Steadily operates nationwide, serving policyholders in all 50 US states, with dual headquarters in Austin, Texas, and Overland Park, Kansas.
Arcanite Group: the tech-driven revolution transforming new development sales - Elite Agent
Arcanite Group is revolutionizing new development sales with its innovative sales operating platform, integrating artificial intelligence, virtual reality, and a specialized agent network to accelerate sales cycles and enhance efficiency for developers. Spearheaded by COO and Co-Founder William D. Lin, Arcanite addresses industry challenges like slow sales, rising construction costs, and housing shortages by digitizing and centralizing the sales process. With VR technology, buyers can explore lifelike 3D representations of unbuilt properties, boosting confidence and decision-making. AI-driven insights optimize sales performance, offering predictive pricing models and market trend analysis, giving agents a competitive edge. Unlike traditional methods, Arcanite connects developers with specialist project marketers focused on selling large-scale developments, ensuring faster sales and reduced risk. Based in Sydney, the company is expanding globally, serving clients in the UK and exploring markets in Asia and the US. By merging platforming, VR, and AI, Arcanite delivers transformative solutions that redefine the property sales landscape.
Klika Tech Wins Two 2025 Global Tech Awards For Innovation In Proptech and Agentic AI - WHO 13
Klika Tech, a global technology solutions leader, received two 2025 Global Tech Awards, highlighting its transformative achievements in PropTech and AI. Key highlights include:
PropTech Innovation: Recognized for its partnership with Quext Smart Communities, enhancing resident experiences through advanced building systems.
ChatBot Excellence: Honored for GLUCOSE, an Agentic AI-powered platform developed with 5.Y, redefining customer engagement through autonomous, scalable solutions.
Both solutions leverage AWS technologies to deliver flexible, scalable, and intelligent architectures for real-world applications.
Gennadiy Borisov, Klika Tech’s President and Co-CEO, emphasized their co-creation approach and focus on delivering impactful, scalable solutions. Quext CTO Tray Johnson praised the partnership for enabling innovative resident experiences, while 5.Y Co-Founder Vasily Malanin highlighted GLUCOSE’s ability to deliver personalized, cost-efficient customer engagement 24/7.
Future of Proptech with Artificial Intelligence - Realty+
AI is transforming industries by analyzing vast data, offering insights, and automating processes, yet challenges like security, scalability, and transparency persist. Experts emphasize AI as a collaborative tool that augments human decision-making rather than replacing it. Satya Kaliki (Infra.Market) advocates for integrating AI with a focus on human control, while Shivani Karia Jhaveri (Blox) highlights AI’s role in streamlining real estate transactions in India through transparency and efficiency. Ankur Prabhakar (Deloitte India) underscores the importance of transparency and reinforcement learning for ethical AI, and Abhijeet Kumar recommends robust security measures to safeguard AI systems from manipulation. Manoj Dhanotiya (MicroMitti) stresses scalability and adaptive models for organizational needs. Establishing strong governance frameworks, as noted by Abhijeet Kumar, ensures responsible AI use, protecting sensitive data and promoting ethical practices. Collectively, these insights demonstrate how AI’s potential can be harnessed responsibly to empower industries and enhance decision-making while addressing critical challenges.