But, under the surface, the data tells you that it has the potential for more.”Īlong with what Britton sees as a great product-market fit for LandTech, Miami’s diversity and lifestyle are major draws for his business. Our product helps you assess lots of sites that are not obvious sometimes, because they look like there’s something already there. “For us in particular, it’s a very relevant place because you just need to be there to feel how hot the market is,” said Jonny Britton, co-founder and CEO of LandTech.
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headquarters in Miami is LandTech, a London-based software data firm that helps property developers identify, assess and buy land opportunities. One proptech company that has crossed the Atlantic - or as the British sometimes call it, “The Pond” - to establish a U.S. It gives me the energy that I need to pursue my goals.” You breathe very pure air and you have the ocean. And there’s still a good quality of life here. “You have access to the best of both worlds. and half in Latin America, Miami is the capital for the region,” said Kuri. “With our operation and our investors being half in the U.S. Subsequently, Kuri realized that Florida’s homebuilding focus made it the perfect place to found his business in 2021, he said. He was also attracted to a Florida lifestyle suited to the needs of his young family.
One entrepreneur who has settled in Miami to build his proptech startup is Diego Kuri, founder and CEO of Kambio, a technology platform that helps consumers design, buy and build their own home.Ī native of Mexico, Kuri came to Miami in 2015 as an early employee of WeWork to help establish that company’s footprint there. In addition, Krillion Ventures and LAB Ventures are Miami-based VCs focused on proptech startup funding.Īs a growing international business hub, particularly for Latin America and Europe, Miami has also been attracting proptech startups from beyond U.S. On Miami’s venture capital side, Miami-based national homebuilder Lennar has established Lennar Ventures, the firm’s investment arm. Indeed, Tracxn, the largest database for startups, lists more than 50 proptech companies in the Miami area. “It’s been a full-on press, both from a government perspective and from a finance perspective, that got people and companies down to the South Florida and Miami region,” said Mait.
Suarez for attracting proptech and other technology and VC companies to move to the area. Since 2020, we have seen a huge influx of capital, talent, real estate companies and venture capital firms migrating to Miami, which is propelling proptech forward.” If you look at Miami prior to COVID, it was really a laggard behind New York, California and Seattle. Talent has really picked up, and since the pandemic you have a lot of talent that moved into town. For tax purposes, specifically for income tax, it’s a wonderful area. “For us, Miami is a phenomenal location,” said Adam Mait, a Miami native and chief operating officer and co-founder at DoorLoop, a property management software company based in Miami Beach. proptech cities such as Austin, the Bay Area-Santa Barbara corridor, Chicago, New York City, Seattle and Washington, D.C.?
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and abroad who are building their businesses there.įor all its practical and glamorous attractiveness, though, is Miami in a position to crack the top tier of U.S. The answers vary according to whom you ask in Miami’s proptech ecosystem, but there’s no doubt that the climate for real estate technology is increasingly warm and welcoming for those entrepreneurs from the U.S. SEE ALSO: Early Collaboration Key in Health Care Design and Construction: Forum
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