Real estate startups have raised $1.9 billion in 2019

Salesforce’s announcement yesterday that it had made a “strategic investment” in mortgage-tech startup Blend put a highlight on a startup sector that's on track to surpass last year’s funding. Real estate startups, sometimes called proptech for property tech, have raised $1.9 billion from investors this year, an average of about $475 million a month, according to start-up tracker Crunchbase. That's up when compared with last year’s $4.99 billion, an average of about $417 million a month. Those numbers don’t yet include the recent Blend investment  the companies didn’t provide details including monetary value.

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