Technology is moving faster than ever, and the number of agents entering in the real estate market is increasing daily. Likewise, modern agents have started using real estate marketing tools to generate leads, interact with potential clients, and close more deals.

Nowadays, real estate focused platforms like Zillow and Top Producer are innovating and bringing modern tech to real estate.

Therefore, it is important that you stay up to date with the latest real estate trends and use marketing tools to gain a competitive edge over other agents.

9 Real Estate Marketing Tools for Agents in 2024

1. Zillow Premier Agent

Zillow Premier Agent is one of the popular real estate platforms for market reports and property valuations. With this tool, you will gain access to potential buyers on a network of leading real estate sites including Zillow. As a real estate agent, you can create a profile to showcase your expertise to active home shoppers.

Finally, this real estate marketing tool allows agents to use the CRM product for task reminders, notes, and highly relevant marketing messages to improve the customer’s experience.

Features

• Showcase and make your listings pop with 3D home tours.
• Manage your leads with easy to use inbox messaging.
• Team profile with collective reviews to gain access to advanced advertising tactics.
• Access to buyer insights to close 2.4x more transactions.
• Track your performance with the best of Zillow reports.

2. Top Producer

Another amazing real estate marketing tool is Top Producer. This platform offers affordable lead generation solutions, a website builder, and CRM system. On top of that, they also provide all-in-one business management tools for agents to build client relationships and streamline transactions.

In addition, Top Producer is a CRM software for real estate that simplifies your workflow and integrates directly with 150+ online lead providers like Facebook and Gmail. Finally, the CRM analyzes and compiles data from your contacts into a helpful timeline.

Features

• AI powered engagement assistant
• Integrates with real estate lead sources
• Automated SMS and email response
• Market Snapshot reports

3. Spacio

Spacio is another popular real estate tool for marketing your listings, allowing agents to capture and communicate with high quality leads. It is also one of the best open house showing and registration platforms that allows you to gather insights and make better decisions. Spacio is also designed for teams and brokerages with profile and property pages to grab the attention of potential customers thereby closing more deals.

Features

• Boost listings and open house ads
• Customizable auto follow-Up email content
• Unlimited open houses, in person and virtual events
• Streamlined lead capture, social profiling, and sharing
• Industry leading integrations with popular CRMs

4. PropertyBase

PropertyBase is a reliable, full-service real estate platform that offers a comprehensive suite of tools for CRM, marketing, and lead generation to simplify every step from search to sold. They provide end to end solutions to minimize your burden and maximize your reach to ensure business flourish.

Features

• Generate quality leads at scale through professional ad campaigns
• Drag and drop marketing center with company wide templates and email automation
• Secure documents, eSignature, and compliance-driven transaction workflows
• A website to showcase your brand and listings

5. RealGeeks

RealGeeks is one of the best real estate marketing tools for agents in 2024. The affordable all-in-one solution is built to help hungry agents close more deals with automated marketing campaigns, social media tools, and integration with many third party tools. Real Geeks also helps agents, teams, and brokerage firms to improve their lead generation with new property valuation and lead conversion tools that capture the attention of buyers and sellers.

Features

• CRM to deliver value at scale
• Fully integrated IDX real estate websites
• Online marketing campaigns to generate a steady flow of sellers and buyers
• Home valuation tool

6. MatterPort

Matterport is a powerful property marketing tool that provides 3D virtual tours to create digital twins of properties with a full suite of capture options. This allows you to close deals faster by increasing buyer and seller confidence with 3D tours, floor plans, and print-quality photos.

In addition, Matterport also uses AI in real estate to transform properties into virtual data with detailed layouts, precise measurements, and comprehensive analytics.

Features

• Facilities management with real-time AWS data
• Integrate with Procore and AutoDesk for design and construction
• Turn every property into a 24/7 open house to accelerate sales process

7. Market Leader

Market Leader provides exclusive buyer and seller leads for agents with a suite of tools to turn those relationships into lifelong clients. This is made possible with their engagement co-pilot tool that features real estate CRM and lead nurture automation to start conversation and maintain lasting connections with new leads.

Features

• Realtor website to capture real estate leads
• CRM and marketing automation
• Market leader mobile app to enhance productivity

8. PhotoUp

PhotoUp is an all-one home marketing platform with a range of tools under one roof for real estate photographers. With PhotoUp, you will have a back office solution for your photography business. This includes photo and video editing services to ensure a property stands out and attracts more potential buyers.

Features

• Virtual staging and house tours
• Single property websites
• Virtual assistant services

9. Placester

Placester is another real estate marketing platform on our list of tools for agents in 2024. They offer the best codeless website builder for real estate professionals to build beautiful pages with MLS and IDX data to showcase listings. With Placester, you will also get easy to use CRM to nurture your leads plus ready to use integrations with the real estate ecosystem.

Features

• Mobile app on the go with Placester’s creative assistants
• Agents management
• Engage with leads using integrated live chat tool

Wrapping Up – Don’t Be Left Behind

As the real estate industry is moving rapidly past the old door-knocking marketing strategy, it is important to use these real estate marketing tools to reach more potential customers, boost your productivity, and close more deals!

In addition, these tools and platforms represent the full adoption of proptech in the real estate industry. This will enable agents, teams, and brokerage firms to streamline their workflow, manage clients with CRM tools, and showcase listings to get more leads on powerful real estate sites.

The post 9 Popular Real Estate Marketing Tools for Agents in 2024 appeared first on Tech Research Online.

As the demand for homes continues to surge, emerging real estate trends are shaping the industry like never before.

Over the years, the real estate market has evolved from the old traditional ways, particularly due to the adoption of AI and PropTech tools. This has led to the industry being anything but predictable with the latest technology trends in 2024.

However, many agents are still caught up with outdated strategies and have fallen behind competitors who are quick to adapt.

For this reason, our experts identified the top 7 real estate trends you should know, which, according to them, will significantly influence the real estate market in 2024.

Here are the most popular ones:

1. PropTech Advancement

PropTech is one of the most popular real estate trends in 2024, changing the way we buy, sell, and manage real estate properties and transactions.

Real estate agents now use immersive technologies like VR and AR to provide virtual property tours that give buyers a realistic sense of space and design aesthetics.

In addition, 3D modeling and drone technology is now widely used to also give buyers a detailed and aerial view of properties that were out of reach.

Blockchain is also another PropTech tool that guarantees secure and automated property transactions with the introduction of smart contracts. The process is immutable and transparent, allowing buyers to verify the authenticity of properties without intermediaries.

Beyond that, online property platforms like Zillow and Trulia have simplified the buying and selling process to make it easier for people to find and purchase their dream property with just a few clicks.

2. AI in Real Estate

Another real estate trend is the use of artificial intelligence to break down complex information and data. AI is now the first point of contact for potential buyers making inquiries via chatbots and assistants like ChatGPT.

To implement AI in your real estate business, start by evaluating your current processes to identify where AI can make a significant impact. You can also use AI to analyze complex documents, get accurate property valuations and smart property management.

With the rising roles of AI in real estate, agents can offer personalized experiences and make data-driven decisions that enhance the overall efficiency of the industry.

3. Demand for Sustainable and Green Building Technology

Green building technology is transforming the demand for sustainable homes and has influenced the way we plan, build, and maintain properties. It’s all about saving energy, picking the right materials, and growing trees to keep the air nice and fresh.

As environmental sustainability becomes a priority, eco-friendly homes are in demand in the real estate market. They are now a key selling point in today’s market, as modern buyers prefer houses with energy-efficient appliances, eco-friendly insulation, and solar panels.

According to NAR’s survey report, over 25% of home buyers are willing to pay for these features. The demand for sustainable homes is more than just a trend; it reflects our commitment to protecting the environment.

4. Rise of Remote Work and Suburban Living

The COVID-19 lockdown caused a major shift in the corporate world, as people were forced to work remotely. This new way of work has reduced the need to stay close to urban workplaces. It has turned the property market mechanism upside down with a significant increase in suburban and rural areas.

Now that the market demand has changed, real estate agents need to prioritize space, affordability, and quality of life over proximity to city centers. As a result, suburban living is on the rise, with more people seeking homes that offer larger living areas, home offices, and outdoor spaces.

This trend is transforming the real estate market, driving demand in areas that were previously overlooked.

5. Integration of Smart Homes

Smart building technology is one technological advancement that has minimized staffing costs and human error possibilities. It has also changed the way people interact with their living spaces. This trend has caused a surge in demand for properties equipped with smart devices like thermostats, lighting systems, security cameras, and voice-activated assistants.

The installed tech appliances offer homeowners greater convenience, energy efficiency, and enhanced security, making them valuable additions to modern real estate properties.

Incorporating smart home options in your listings can give you a competitive edge as a real estate professional or investor.

6. Build to Rent (BTR) Model

The Build to Rent model has gained immense popularity in addressing shifting housing demands. This emerging trend involves purposely erecting rental properties intended to supply long-lasting rental possibilities with amenities commonly connected to homeownership, such as shared spaces, fitness facilities, and concierge services.

The BTR model appeals to people who like the freedom of renting but still want a nice place to live. In 2024, experts think this trend will grow as more builders and investors see the chance for steady long-term profits from rental properties.

If you want to add variety to your property investments, the Build to Rent model allows you to make money with low risk. Today’s renters expect and deserve well-planned buildings that offer high-quality choices for different stages of life.

7. Emergence of New Real Estate Investment Strategies

The real estate investment market is growing as new strategies are introduced to meet the needs of an evolving marketplace.

Our experts predict a rise in fractional property ownership as well, with investors able to buy shares in properties and real estate crowdfunding allowing developers to access funds for development.

Also, using data-driven investment tools and platforms will help investors make better decisions, which in turn will lead to higher returns and fewer risks.

These new strategies are ushering in an era where more people have the opportunity to participate in real estate, and they may just be what’s needed next in a market that is becoming both accessible and increasingly dynamic.

The Bottom Line

These popular trends show how the real estate market will continue to change in 2024. Due to economic conditions and shifting consumer preferences, real estate trends will continually shape the housing market.

Managing these changes and adapting to them will help you succeed in this fast-moving field. These trends and tools can guarantee your success in real estate for years to come.

The post Top 7 Real Estate Trends You Need to Know in 2024 appeared first on Tech Research Online.

Today, we live in a world driven by smart and interconnected technologies. The past decade has seen the impact of AI in simulating human intelligence to solve problems. However, ChatGPT’s explosive debut in 2022 brought about the full adoption of AI in different industries, including real estate to enhance business operations.

Now, amidst the ongoing AI wave, the real estate industry is keeping pace with several Proptech tools already in use. One of the popular AI technologies in real estate is machine learning. It has been used to develop models that provide solutions like advanced property analysis, smart investment, property management, lead generation, and marketing.

These solutions and more have reshaped conventional property transactions and changed how we buy, sell, and invest in real estate. As we navigate the digital transformation of the real estate market, AI is set to usher in a new era of automated processes and data-driven decision-making.

This article aims to uncover the transformative role of Artificial intelligence in the real estate industry. We will discuss what AI in real estate is, the benefits, AI tools to boost your real estate business strategies, and how AI is not here to replace but to improve how you do business.

What is AI in Real Estate?

AI in real estate is the use of artificial intelligence powered technologies to improve various aspects of the industry. It’s important to note that AI and machine learning are related terms but not the same.

AI is the ability of a computer system to imitate human intelligent behavior, while machine learning is a subset of AI that uses algorithms to analyze and learn from large amounts of data. In layman’s language, Machine learning is a part of Artificial intelligence.

Top Benefits of AI in Real Estate

The advent of AI has introduced new improvements to real estate businesses. Following are the top benefits of AI in real estate that you need to incorporate into your business.

1. Personalized Customer Experiences and Interactions

One remarkable use of AI that further accelerates its adoption in real estate is its ability to transform customer interactions. AI-powered chatbots like ChatGPT from OpenAI allow customers to make inquiries and get property information without human intervention.

These smart bots recommend property types and price ranges based on locations and search activity. Another example is AI-driven virtual assistants like Zillow’s chatbot, which can be used to handle tenant inquiries and schedule property viewings.

AI also provides immersive property experiences for customers through VR and AR tours. It allows buyers to browse and view properties in detail to get a realistic sense of the property’s size and features. This process also expands market reach for international buyers, allowing them to view rooms and layouts from the comfort of their homes.

2. Streamlined Property Management with AI

Another benefit of AI in real estate is that it can streamline property management operations.

AI can streamline property management by automating routine real estate tasks such as rent collection and tenant communication. For example, AI-powered platforms like Rentberry send automatic payment reminders and process transactions online.

Predictive maintenance systems, such as BuildingIQ, analyze data from IoT devices to anticipate and address maintenance issues before they escalate.

With AI in real estate, property management tasks like documentation and billing can be automated. For property managers, AI can lower energy costs by regulating cooling, heating, and lighting based on the usage patterns of the occupants.

Another popular example is Google’s Nest Learning Thermostat. It uses AI to automatically adjust a building’s temperature for optimal energy efficiency.

3. Better Property Valuation and Pricing with AI in real estate

With AI, you can automate property valuations and pricing in real estate based on predictive analytics and smart projections.

Traditionally, property valuation and pricing relied heavily on manual appraisals and market comparisons, which could be time-consuming and subjective.

AI can improve this process by using machine learning algorithms to analyze vast datasets in real time, providing more accurate, data-driven valuations and pricing. Datasets like market trends, property features, and neighborhood statistics can be used to provide predictions for buyers.

For real estate investors and buyers, AI-driven property valuation provides timely pricing information, reducing the risk of overpaying or underselling. This enables smarter investment decisions and greater confidence in the property’s true market value. Tools like Zillow’s Zestimate use AI to predict property values based on real-time data, offering more precise and current pricing information.

4. Fraud Detection and Risk Management

The large volume of money involved in real estate transactions makes it susceptible to fraud. For instance, a scammer can pose as a legitimate seller and transfer the property to an unsuspecting buyer using forged documents.

With AI in real estate, you can automatically verify the authenticity of documents such as financial records, property titles, and contracts. AI systems can also use machine learning algorithms to flag suspicious transactions for further investigation to prevent fraud. They can also detect forged or altered documents with high accuracy.

An example of an AI system used to detect fraud in real estate is DocuSign Insight. This system helps to intelligently analyze agreements to drive smarter business decisions. This process can help real estate agents, and realtors uncover risks and hidden opportunities with powerful contract analytics.

Will AI Replace Real Estate Agents?

Since the advent of AI tools and technologies, many have spread the rumor that AI will replace professionals like real estate agents.

While AI is a potential threat, the good news is that it is most effective when used alongside realtors instead of replacing them.

AI is not here to replace real estate agents but to enhance their capabilities by automating routine tasks, providing valuable insights, and improving efficiency. The human touch, expertise, and personalized service that real estate agents offer remain irreplaceable, ensuring that AI acts as a supportive tool rather than a replacement.

Wrapping Up: The Future of AI in real estate market:

The future of AI in the real estate market is poised for transformative growth. According to the AI in Real Estate global report, the market cap is expected to rise from $164.96 billion in 2023 to $226.71 billion by the end of 2024.

As AI solutions continue to evolve, we can expect autonomous property management systems that efficiently handle maintenance, tenant communications, and energy optimization. The integration of blockchain technology will enhance transaction security and transparency, significantly reducing fraud and streamlining the buying and selling process.

Furthermore, AI is a valuable human enhancement that can help businesses harness and analyze the quantities of data generated to produce powerful insights that will shape the future of real estate.

The post AI’s Role in Transforming the Real Estate Market appeared first on Tech Research Online.

As one of the most asset-heavy industries in 2024, real estate requires substantial management to resolve productivity challenges. Proptech is the trending innovation driver transforming how property transactions are handled in real estate. It has introduced new technology solutions to address traditional real estate practices.

The real estate industry has been indecisive in embracing technology and is reluctant to change, which often involves a lot of paperwork and slow property operations. However, PropTech is the game changer most real estate professionals embrace to streamline processes and speed up transactions.

In this article, we explore the impact of PropTech in real estate and the top technologies shaking up the industry.

What Is PropTech?

PropTech might sound like a new term, but it is a short form for property technology. It simply involves businesses embracing technology to disrupt and improve real estate transactions. PropTech uses advanced tech solutions to enhance the buying, selling, renting, and managing of properties.

The role of PropTech is to optimize property transactions, streamline property management, and provide tools to make real estate processes accessible to all stakeholders involved. Solutions provided by PropTech include virtual tours and online listings for buying, selling, and renting properties.

Some of the technologies used in PropTech include Artificial intelligence, Blockchain, Machine learning, Virtual reality, the Internet of Things (IoT), and Big data.

The Value of Proptech in the Real Estate Industry

PropTech has continued introducing new changes to the real estate sector by assisting everyone involved in making better-informed decisions and improving processes and transactions.

Property technology offers benefits for real estate professionals, companies, and clients. Let’s examine the value these people get from integrating technology into traditional real estate processes.

• Real Estate Professionals

PropTech benefits real estate professionals, including brokers, agents, and realtors, in several significant ways. Examples of PropTech tools include short-term rental platforms like Lyric and multiple listing services and marketplaces like Dumper and Doorvest. These property tech tools help real estate professionals streamline their operations, enhance client engagement, improve property visibility, and ultimately close deals more efficiently and effectively.

Proptech tools, including Calendly, Salesforce, and Zillow, also help manage routine tasks such as scheduling, customer relationship management (CRM), and property listings. These technologies save real estate professionals time, allowing them to focus on more strategic activities.

On top of that, Property technology applications also include advanced analytic tools that provide valuable insights into market trends, customer preferences, and property values.

• Real Estate Companies

PropTech tools improve operational efficiency for real estate companies by automating administrative tasks such as data entry, portfolio management, and rent collection. The importance of property tech applications in real estate businesses is far-reaching. They are now indispensable innovations to improve customer service, property management, and rentals.

Examples of real estate companies that use PropTech include Airbnb, which connects travelers to homeowners, and Opendoor, which simplifies the buying and selling of properties. Furthermore, property technology leaves no stone untouched in transforming the real estate industry, from real estate marketplaces and mobile apps to automated building maintenance.

• Real Estate Clients

For real estate clients like buyers, investors, and sellers, PropTech enhances their experience with stress-free property search and viewing. Examples are online platforms or marketplaces that provide property listings with detailed descriptions, videos, pictures, and reviews. This makes it easier to research, rent, and manage properties.

Another way PropTech helps real estate clients is through real-world applications of Blockchain technology, which maintains transparency in transactions to reduce the risk of scams and increase trust.

Some property tech platforms also integrate financial technology into mortgage calculators and investment analysis tools to help clients understand their potential returns and financial obligations.

Top Proptech Technologies in 2024

The impact of PropTech in real estate is diverse and has witnessed the introduction of diverse technologies by property tech startups. Here are some of the top PropTech trends to look out for in 2024:

1. AI for Automation of Real Estate Market Processes

Since the advent of AI integrations, companies have invested billions of dollars in AI-powered tech real estate development. This includes the creation of new AI-powered applications or the introduction of new AI tools to improve the functionality of software. The development of AI in real estate has seen its application in:

• Home automation for smart security 
• Property and energy resource management
• Brokerage tech, such as listing generation tools
• Conversational tools like chatbots and virtual assistants 
• Real estate investment solutions 
• Property listing descriptions

2. Blockchain for Secure Transactions

Blockchain has introduced both transparency and security into real estate transactions. It is a top trend in property technology that has proven its potential to decentralize complicated and costly real estate transactions.

Digital agreements and store transaction details are automatically executed based on the predetermined terms between buyers and sellers. With property as tokens, blockchain technologies make the real estate sector more affordable and free to access.

3. Virtual Reality/AR for Better Home Touring and Buying

VR can be used for different purposes, including providing an augmented reality solution allowing clients to experience a virtual tour of available properties during and after construction. Augmented reality (AR) is also a framework that encompasses smart building technology. It aims to improve human lifestyles through innovative and eco-friendly infrastructure.

VR provides remote viewing from anywhere and 360-degree views, allowing clients to explore every angle of their potential property. In 2024, the use of VR to create engaging virtual staging content will increase, thereby increasing the chances of an actual sale.

4. Internet of Things (IoT) for Predictive Maintenance

Another important PropTech technology in real estate is IoT, which is used to automate home systems like lighting to allow for remote control from a smartphone. It uses a network of devices and sensors to send and receive information about properties to track their present state and predict maintenance.

Wrapping Up – The Future of PropTech in Real Estate

The latest technology trends have shown that there will be more innovations in the future to transform the real estate sector. PropTech has indeed awakened tech hibernation in the real estate industry and is hungry for more. To avoid lagging behind in digitalizing real estate processes, now is the time to embrace and introduce innovative approaches to your business.

The post What is PropTech and Its Role in the Real Estate Industry appeared first on Tech Research Online.

In the past few years, we’ve seen innovative technologies like never before. But most importantly these innovations are coming from tech startups and that’s partly due to recent advancements in the field of artificial intelligence.

Statista says that funding for AI startups worldwide amounted to $24 billion in 2019 which was a tenfold increase from 2013.

Some of these startups have been observed to introduce new products and services, while others have delivered existing technologies in new ways.

In this blog post, we will see some of the top tech startups to look out for in the coming year. But, let’s first understand a little bit about startups.

What Is a Tech Startup?

Tech startup describes any company working in the technology domain, first in the state of operations. It can be recognized by having one or more entrepreneurs developing a product or service in demand.

Since tech startup begins with limited revenue and high operation costs, they usually require huge capital. Hence, they usually include bank loans, business incubators, government grants, and venture capitalists.

When you hear tech startup, one thing that probably comes to your mind is a dingy basement in Silicon Valley. But, that’s not surprising as the United States remains the largest tech market in the world with $1.6 trillion.

However, today’s startup extends beyond mere location. So, here are some interesting stats on tech startups:

• Census Bureau and two MIT professors found that the most successful entrepreneurs tend to be middle-aged even in the tech sector.
• Inc says a 50-year-old entrepreneur is almost twice as likely to start an extremely successful company as a 30-year-old.
• Crunchbase says the percentage of female startup founders has doubled from 10% to 20%, from 2009 to 2019.
• The brex founder spending report says that the average age of a Startup founder is 45.
• The Brex founder spending report says Facebook and Amazon Web Services are the leading expenses for advertising and web services; Zoom dominates for web conferencing.
• Statista says that cities in California hold 8 of the top 10 spots for startups per capita.
• 47% of Series A-funded startups spend more than $400k/month. (source)
• Seed-funded companies spend on average $118k/month. (source)
• Less than 10% of seed-funded startups make it to Series A. (source)
• HubSpot CRM gets almost twice the revenue from startups compared to industry giant Salesforce. (source)

Here Are the Top 7 Eye-Opening Tech Startups to Follow in 2021:

1. Better.com

Founder: Vishal Garg
Full-time Headcount: 4,000
Headquarters: New York City
Year Founded: 2016
Website: https://better.com/about-us

Last year, as the U.S. economy sank into recession with the onset of the coronavirus pandemic, housing is one of its engines that continued to roar.

In 2019, 86% of new homeowners purchased a previously lived-in home and in 2020, it is estimated that around 5.46 million existing homes are going to be sold.

Better.com is a digital mortgage lender that has been inundated with refinancing applications. They take care of new loan demand due to the falling interest rates and growing need for space.

The mortgage lender backed by Kleiner Perkins, Goldman Sachs, and Citigroup, told its investors that they are expecting its revenue to jump from $100 million in 2019 to north of $800 million this year.

To keep up with demand, the company is hiring at a staggering rate. Currently, the four-year-old company has more than 4ooo employees and has already added 1,500 since the lockdown. They are further planning to add 7,000 more in the next 12 months.

2. DoorDash

Founder: Tony Xu, Stanley Tang, Andy Fang, and Evan Moore
Full-Time Headcount: 3,500
Headquarters: San Francisco
Year founded: 2013
Website: https://www.doordash.com/about/

DoorDash, an American food delivery service, has gone public in February this year. The company initially offered a food delivery service and with the on-demand, it was already embarking on a big year.

With the onset of the pandemic and quarantines, the demand for doorstep delivery skyrocketed. While the San Francisco-based company continued to clash with California regulators over its dashers, its ambitions have only grown.

In the initial year of operations, DoorDash received $2.4 million in funding and expanded to 70 restaurants in the Bay Area. After that, the company grew at a rate of 20 percent every week, according to Y Combinator.

Recently, the company also expanded its delivery service into grocery and pharmacy offerings. They have also doubled their employee base for the second time in the last two years. They are currently looking to revamp their hiring process to focus on “engineering values”.

3. Robinhood

Founder: Vladimir Tenev and Baiju Bhatt
Full-time Headcount: 1,042
Headquarters: Menlo Park, Calif.
Year founded: 2013
Website: https://robinhood.com/us/en/about-us/

Robinhood is an American financial services company. It bills itself as “investing for everyone” and has sought to democratize stock market investing via its app.

Their apps make trading easy to execute and affordable. The fintech company has recently raised $200 million in a new round of funding which has made it worth grow to $11.2B.

According to SensorTower, Robinhood was the 10th most downloaded financial app in 2018 and 2019.

Now to keep with its growth, the company is on a hiring spree. They are simultaneously responding to growing regulatory concerns and bringing in hundreds of registered financial service representatives.

4. Samsara

Founder: Sanjit Biswas and John Bicket
Full-time Headcount: 1,350
Headquarters: San Francisco
Year founded: 2015
Website: https://www.samsara.com/about

Samsara is an integrated platform that aims to increase safety, efficiency, and sustainability. They are on a mission to make internet-connected sensor systems for trucks and other vehicles for operational safety and efficiency. The company is ranked 2nd among the top 10 competitors.

In May, retrenchment in some of its leading European markets led to layoffs. However, the company’s U.S. operations remain robust.

The company has nearly 30% of the non-male engineering team and one of the highest percentages among U.S. Top Startups.

5. Databricks

Founders: Ali Ghodsi, Matei Zaharia, Reynold Xin, Scott Shenker, Ion Stoica, Andy Konwinski, and Patrick Wendell
Full-time Headcount: 1,500
Headquarters: San Francisco
Year founded: 2013
Website: https://databricks.com/

Databricks is an open-source analytics platform. They provide other companies with machine learning and data science tools to help them extract more value from data.

Till not they have worked for many clients. They have helped healthcare providers develop tailor-made treatment plans to giving banks an upper hand in tracking fraudulent activity.

In February 2021, Databricks reported $1b funding in its latest funding round. In total, Databricks has raised $1.9 b, and now it’s valuated at $28 b. The company has also recently acquired Tel Aviv-based Redash, a data visualization firm, to expand its dashboard capabilities for its customers.

6. Outreach

Founders: Wes Hather and Gordon Hempton
Full-time Headcount: 595
Headquarters: Seattle
Year founded: 2014
Website: https://www.outreach.io/company

Outreach is a sales engagement platform that aims to helps customers drive more pipelines and close more deals efficiently and effectively. The company provides AI-powered tools to help sales reps identify, contact, and stay in touch with the customers.

The well-known tech firm has recently doubled its headcount to reach nearly 600 employees since 2019. They have also raised their funding to $50 million in June and are not valued at $1.33 billion. With this fund, they are looking to support the development of new tech and expands into Europe.

7. Modern Health

Founder: Alyson Watson
Full-time Headcount: 101
Headquarters: San Francisco
Year Founded: 2017
Website: https://www.joinmodernhealth.com/about-us

Modern Health is a global mental health and well-being platform for employees. The platform provides them with an option to tap into the virtual resource and get on-demand access to certified coaches or therapists for help. They can reach out to them with anything from burnout to depression.

The startup has recently opened its resources to the general public in response to the growing need to create groups and address racial trauma and social isolation.

Currently, Modern Health estimates an annual revenue of $24.7M per year and they have raised over $42M in venture funding.

FAQs:

1. How to Start A Tech Startup?

Here are 7 things to remember when planning to start a tech startup:

• Make a rigid business plan with minimum loopholes
• Plan for secure funds with the appropriate amount
• Make your team and surround yourself with the right people
• Find a physical location and build a fresh website
• Try to learn and become marketing as well as an HR expert
• Build a solid customer base
• Prepare for rough situations

2. How to Invest in Tech Startups?

Before investing in a startup, you should do proper research about the market they are invested in, their background, employees, and others. There are two major ways to invest in a startup. You can either invest through online platforms for early-stage investors such as AngelList and Propel(x) or you can invest through publicly traded funds in later-stage.

Conclusion

In this blog post, we have covered the top 7 eye-opening tech Startups that are aiming to make a difference in the future. These tech startups are making a difference in the real world and creating employment on a large scale. In the future, you should be following these startups for more technological innovations.

We have tried to cover the top 7 tech startups for 2021, if we have missed your favorite do let us know in comment section.

The post Top 7 Eye-Opening Tech Startups With Stats appeared first on Tech Research Online.