TL;DR
- UK proptech companies raised £230.4m in 2025, up from £192.4m in 2024 but still well below the £507.5m peak of 2021 (Beauhurst, data to 1 April 2026).
- The pipeline is narrowing: only 21 new UK proptech companies were formed in 2025, against 69 in 2018, while capital flows to fewer, larger, later-stage rounds.
- London anchors the picture. The capital took 75% of all UK venture capital in 2025, and PropTech Connect Europe lands there on 9-10 September.
The headline number looks like recovery. UK proptech companies raised £230.4m in 2025, up on the £192.4m of 2024 (Beauhurst). Read against the £507.5m raised at the 2021 peak, it looks like something calmer: a market that reset rather than collapsed, and is now rebuilding on firmer ground. That is the backdrop against which PropTech Connect Europe 2026 opened at the InterContinental London, The O2, on 9 and 10 September.
A market that matured
The clearest sign of maturity is the shape of the pipeline, not the size of it. New proptech incorporations in the UK fell from 69 in 2018 to just 21 in 2025 (Beauhurst). Fewer founders are starting up, but the ones that raise are raising more. The sector has now attracted £3.05bn in equity in total, £1.93bn of it since 2020, and Beauhurst counts more than 845 active UK proptech companies, a population up 180% over the decade to 2025. The market is no longer defined by a rush of new entrants. It is defined by a smaller group of companies trying to scale, which is exactly the tension the conference programme puts on stage in its adoption theme.
Capital concentrates
The same concentration shows up globally. Proptech venture funding worldwide reached $4.53bn across 231 rounds in the first half of 2026, down 0.6% on the first half of 2025 and still around 65% below the equivalent periods of 2021 and 2022 (CRETI). Within that total, 11 rounds of $100m or more raised $2.25bn between them, 49.6% of all disclosed capital. The median round was $6.75m. Money is available, but it pools at the top of the market rather than spreading across it. Founders with a proven enterprise product can still raise. Those with only a pilot and a pitch deck are finding the field far thinner than in 2021. Where UK proptech money goes follows that split into specific sectors.
Why London
For a European proptech founder, the gravity points one way. London startups raised 75% of all UK venture capital in 2025, and 74% of UK venture funding by deal value came from abroad, the highest share in a decade, as UK startups raised $23.7bn overall, up 33% on 2024 and growing for the first time in four years (DSIT & Dealroom evidence pack, updated July 2026). The city is both the domestic hub and the door through which international capital enters the market.
The buyers of that technology are also concentrated here. London attracted £15bn of commercial real estate investment in 2025, just 4% below its 2023-24 average, with nineteen office deals above £100m against eleven the year before (CoStar & Real Estate:UK). Owners transacting at that scale are the owners with budgets for data, building-performance and transaction tools, and many of them will be in the room, a mix who is in the room sets out in full.
What the conference walks into
PropTech Connect Europe returns to London on 9-10 September 2026 for a fourth consecutive year at the Greenwich Peninsula venue. It arrives at a moment when the sector has stopped asking whether proptech survives the reset, and started asking which companies, and which cities, capture the next cycle. The funding data says the answer is being decided in fewer rooms than before. Most of them are in London.
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- UK proptech raised £230.4m in 2025, £192.4m in 2024, £507.5m in 2021; £3.05bn cumulative, £1.93bn since 2020; 845+ active companies, up 180% 2015-2025; incorporations 69 (2018) to 21 (2025); data accurate to 1 April 2026: https://www.beauhurst.com/blog/proptech-companies-uk/
- Global proptech VC H1 2026 $4.53bn across 231 rounds, down 0.6% on H1 2025, about 65% below H1 2021 and H1 2022; 11 rounds of $100m+ = $2.25bn = 49.6% of disclosed capital; median round $6.75m: https://creti.org/insights/h1-2026-global-proptech-venture-report
- London startups raised 75% of UK VC in 2025; 74% of UK VC by deal value from abroad, highest in ten years; UK startups raised $23.7bn in 2025, up 33%: https://www.gov.uk/government/publications/letter-to-the-prime-minister-on-investment-in-innovative-science-and-technology-companies/uk-startups-vc-landscape-evidence-pack-html
- London attracted £15bn of CRE investment in 2025, 4% below the 2023-24 average; nineteen £100m-plus office transactions vs eleven in 2024 (Real Estate:UK & CoStar, "Who invests in UK property 2025/6?", May 2026): https://realestateuk.org/media/n01dtxc5/who-invests-in-uk-real-estate-2026_costar_and_realestateuk.pdf
- PropTech Connect Europe 2026, 9-10 September 2026, InterContinental London The O2, fourth consecutive year at the venue: https://proptechconnect.com/event-europe/venue-and-travel-information/
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