{"id":3451,"date":"2023-02-28T22:17:00","date_gmt":"2023-02-28T20:17:00","guid":{"rendered":"https:\/\/prop-tech360.com\/?p=3451"},"modified":"2023-02-28T22:18:48","modified_gmt":"2023-02-28T20:18:48","slug":"the-growth-and-prominence-of-israel-on-the-global-proptech-scene","status":"publish","type":"post","link":"https:\/\/prop-tech360.com\/the-growth-and-prominence-of-israel-on-the-global-proptech-scene\/","title":{"rendered":"The Growth and Prominence of Israel on the Global Proptech Scene"},"content":{"rendered":"\t\t
Israel’s startup ecosystem has been buzzing with activity over the past few years, especially in the fields of Proptech and Contech. Between cutting-edge technologies and disruptive solutions, Israeli startups have firmly established themselves on the global investment and innovation scene, attracting worldwide investors and entrepreneurs alike.<\/span>\u00a0<\/span><\/p> Seed investment in Israeli startups increased by 22% in 2022, up to $1.6 billion, which was largely fueled by the Proptech industry growth, aptly earning the name \u201cstartup nation.\u201d This funding has allowed startups to continue to disrupt and develop solutions for some of the real estate industry’s most pressing challenges.\u00a0<\/span>\u00a0<\/span><\/p> The success of Israeli startups has not gone unnoticed internationally either. Many Israeli startups have established a presence in the US and Europe, with some even going public on the stock exchange. In 2022, Proptech company Hippo went public on the New York Stock Exchange and was valued at $5 billion.<\/span>\u00a0<\/span><\/p> Avia Tzur Farber<\/span><\/b>, Co-Founder of PropTech360, expressed her excitement about the growth of the Israeli Proptech industry, stating, “The explosive growth of the Israeli Proptech scene is a testament to the innovative spirit and entrepreneurial drive of Israeli startups. At PropTech360, we are thrilled to be a part of this growth and to help connect Israeli startups with investors and industry leaders from around the world. Our upcoming summit will prove to be yet another great opportunity for Israeli startups to showcase their offerings and connect with potential partners. We look forward to continuing to support the growth and success of the Israeli Proptech industry.”<\/span>\u00a0<\/span><\/p>