MetaProp

Overview

MetaProp is a venture capital and growth equity firm founded in 2015 [2][6] that invests in technology companies focused on real estate, property management, and the built environment [4]. Based in New York [3][12], the firm backs innovations that finance, insure, design, manage, measure, and power the built world [5]. As of its public disclosures, MetaProp has made over 150 investments [1] and created $107 billion in enterprise value across its portfolio [7]. The firm has raised capital across three funds: Fund I in December 2015, Fund II in June 2017, and Fund III in June 2021 [9]. MetaProp's investor group includes major real estate and financial institutions such as Ivanhoe Cambridge, RXR, Mitsui Fudosan, PGIM, Cushman & Wakefield, CBRE, and JLL [10]. Beyond direct investment, MetaProp operates PropTech 101, PropTech Place, NYC Real Estate Week, MetaProp Labs, and an accelerator program [11].

The company's own site places it in New York: Footer lists 'PropTech Place NYC' as one of MetaProp's offerings/initiatives, and the page references 'NYC REAL ESTATE WEEK'. The company is. [3]

MetaProp's about page states the firm was "Founded in 2015" by Zach Aarons and Aaron Block. [6]

Beyond investing, MetaProp runs PropTech 101, PropTech Place, NYC Real Estate Week, MetaProp Labs and an accelerator program. [11]

MetaProp's office is at 214 West 39th Street, Suite 705, New York, NY 10018, and the firm invites visitors to "visit us in the heart of New York City." [12]

Business address: 214 West 39th Street, New York, New York, 10018. [13]

Growth & traction

MetaProp's homepage publishes "150+ INVESTMENTS," "$107B+ IN ENTERPRISE VALUE CREATED," "$1.9B+ RAISED ACROSS METAPROP'S PORTFOLIO" and "900+ INDUSTRY INTRODUCTIONS ANNUALLY FOR PORTFOLIO COMPANIES." [7]

Customers

MetaProp notes that portfolio company Attentive became a unicorn in September 2020 after "a $230 million Series D at $2.2 billion valuation" and Side in March 2021 after "a $150M Series D at $1B valuation." [8]

Funding history

MetaProp lists three funds: Fund I (December 2015), Fund II (June 2017) and Fund III (June 2021). [9]

Partnerships

MetaProp's named partners include Ivanhoe Cambridge, RXR, Mitsui Fudosan, PGIM, Sumitomo Mitsui Trust Bank, Cushman & Wakefield, the NYC Economic Development Corporation, the Development Bank of Japan, CBRE and JLL, and it says its investor group's sandbox includes 20+ billion square feet. [10]