VC funds are excited by real estate startups because it still exists in a largely pre-technological world, which makes it ripe for disruption by new entrants.
- ApartmentList raised $15 million, in a Series A financing late last year led by Matrix Partners, to take on Craigslist in the apartment-rental space. - Zumper has landed $6.5 million led by Kleiner Perkins Caufield & Byers. - 42Floors, a site that lists office and commercial space, has raised $17.4 million - Honest Buildings— a LinkedIn for the real estate industry where developers connect with engineers, architects and designers—has secured $5.5 million in Series A - Floored attracted $5.3 million in Series A funding for technology that lets real-estate professionals create videogame-like 3D models of structures and interior spaces.
http://www.pehub.com/2014/07/lots-of-real-estate-sites-attracting-investors-vcj/