CREtech, an event, content and connectivity platform for the commercial real estate industry, recently announced the winners of its fifth annual Real Estate Tech Awards (RETAS) at the CREtech New York Venture Conference on December 6.
Any technology company that services the commercial real estate industry was eligible to apply. The RETAS are considered the most prestigious award for tech start-up companies and founders that recognize the most innovative and cutting edge companies that have played a key role in advancing tech in commercial real estate industry throughout the year.
To help pick the winners, CREtech selected the leading venture capitalists (VC’s), angel investors and corporate investors in the commercial real estate tech industry to serve as judges. Applicants submitted information such as their pitch deck, company description, description of ideal customers, number of paid users, and more. The judges the reviewed applicants by category using the criteria submitted to determine the winners.
Companies such as Fifth Wall, Bain Capital, Real Estate Technology Ventures and Camber Creek along with individuals like CBRE SVP, Digital Enablement and Technology Dave Eisenberg, Stanfield Partners Managing Director David Knowles and CREtech CEO Michael Beckerman served as judges.
“The judges are experts in the industry and it also provided them new and emerging companies to review for their own portfolios and investments,” CREtech Chief Marketing Officer Lindsey Imperatore told Connected Real Estate Magazine.
CREtech received a record number of applications from everyone—from early stage and emerging startups to well-established and funded tech companies. The winners, named in 15 different categories, included: Cherre (AI); Abstract Tokenization (Blockchain); Honest Buildings (Construction); Storefront (Co-working/Pop-up retail); VTS (CRM and Marketing); CrowdStreet, Inc. (Crowdfunding and Capital Sourcing); Digital Map Products (Geospatial and Mapping); Smarter Listings by EveryScape (Imaging and VR); Truss (Listing Marketplace and Tech-Enhanced Brokerage); HqO (Operations and Administration); ComStak (Research and Analytics); Enertiv (Smart Buildings); iOFFICE (Space Share & Utilization) and Bowery Real Estate Systems, Inc. (Transaction and Underwriting).
“Since starting these awards five years ago, we have seen enormous growth, which really is a reflection of the incredible pace of and taking place in the commercial real estate tech sector,” Imperatore told Connected. “This year, we received a record number of applicants from emerging startups to well established and funded technology companies and we are so proud to recognize the true pioneers who are moving the industry forward with these awards. Our judges were blown away with the level of talent demonstrated by the applicants!”