Venture Investors Find Plenty Of Powder To Stock Proptech War Chests

The $18 million Series A round investment in Skyline AI this week continues to raise the profile of the burgeoning proptech sector as startups invent new digital applications to finance, develop, lease, manage and monitor real estate, to name just a few solutions. One of the latest entrants in the field, Skyline AI is introducing an artificial intelligence and machine-learning platform to enhance the entire commercial property acquisition and ownership process. By utilizing the largest data pool in the industry, the company claims, the technology will be able to predict the value and future behavior of any institutional-grade asset in the U.S. That kind of insight will empower investors to spot and take advantage of disconnections in the market and identify the best opportunities, it adds. Sequoia Capital and TLV Partners led the round.