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21 Real-Estate Startups To Bet Your Career On In 2023

December 22, 2022

Business Insider

The companies mentioned in this list have been able to raise capital from investors and avoid conducting large layoffs despite the predictions of economists who foretell a tough road ahead for the real-estate industry in 2023.

This list is not meant to be all- inclusive, but instead offers a glimpse at some of the bright spots of the real-estate industry, places that might be good bets for those looking to jump to a proptech startup.

Headquarters: Boston
Year founded: 2017
Total funding: $95 million, according to the company

What it does: Hometap buys a portion of homeowner’s equity, which allows homeowners to use their equity to pursue their financial goals without taking on new debt through a home-equity line of credit or refinancing their mortgage with a bank. The homeowner has 10 years to repay Hometap, including when the property is sold.

Why it’s a good bet: Hometap grew its customer base by about three times by partnering with small businesses in the first quarter of 2022, according to the company. It also doubled its employee count and expanded its footprint to 18 states in 2022.

This article originally appeared on Business Insider. Read the full article here.