Proptech startups raised the largest number of seed rounds between $5 million and $10 million across all industries in 2026, according to a July 31 Crunchbase report. Artificial intelligence drove most of the activity.
At least 15 proptech companies closed seed rounds in that range through August, Crunchbase found. Three AI-focused startups raised $10 million seed rounds. Breezy, a Los Angeles-based firm, offers an AI operating system for residential real estate professionals. Grotto AI, based in Manhattan, provides an AI-powered coaching platform that helps agents close leases. Hint, a Charlotte, N.C.-based company, runs an AI-powered home-management platform for homeowners.
A Center for Real Estate Technology and Innovation report counted 30 proptech seed deals between $5 million and $10 million in the first half of 2026, totaling $207.3 million. That represented 4.6 percent of funding across all rounds.
Overall proptech venture funding reached $4.53 billion across 231 disclosed rounds in the first half of 2026, with a median round of $6.75 million. The figure was down 0.6 percent from the first half of 2025 and up 2.6 percent from the first half of 2024, the center reported.
Seedtable, a global intelligence platform for startups, tracks a typical seed round across industries at $2 million median, stepping up to $9 million at Series A and $20 million at Series B. Seed is the most common stage by deal count, accounting for 29,708 tracked rounds in 2026.
Caren Maio, chief executive and co-founder of Manhattan-based 100, a platform that helps multifamily operators remove fraud and friction from renting, said AI has made old problems more expensive to fix and new solutions credible faster. The underlying technology already exists and has proved itself in adjacent industries, she said. Her firm closed a $5.2 million pre-seed round in late 2024, the largest such raise ever in proptech.
Chase Harrington, president and chief revenue officer at property management software company Entrata, said AI has made it faster and less expensive to build new technology. Real estate operations are complex, and operators will not adopt technology simply because it has an AI capability, he said. They need to know it fits how their teams work and can improve a business outcome such as leasing a unit faster or reducing delinquency, Harrington said. Long-term success will depend on whether companies understand the industry well enough to solve real operational problems and prove their value once deployed across a portfolio, he said.
Aaron Block, co-founder and managing partner at Manhattan-based early-stage venture capital firm MetaProp, said real estate accounts for up to 30 percent of the global economy depending on how it is measured. Technology for the built world claiming at least a proportionate share of seed funding is not surprising, especially with the data center boom, he said.
MetaProp tracked seed funding deals from 2022 to 2026 and found they rose from a $3.6 million average in priced rounds to a $6.3 million average. More than half of this year's rounds were $5 million or larger, compared to a third of deals in 2022, the firm found.
Zach Aarons, co-founder and general partner at MetaProp, said physical artificial intelligence is changing how the industry builds and manages real assets. Physical AI requires more capital than software companies, and seed rounds will continue to skew larger as these companies require significant amounts of capital to set up physical assets like factories, he said.
Dave Stifter, founder and chief executive at PredictAP, a Boston-based AI-powered invoice coding software designed for real estate, said proptech is attracting large seed rounds in part because real estate has many unsolved problems. Real estate is an extremely local business, and firms have developed in unique ways, he said.