<ul><li>There are 51 unicorns globally in Real Estate and Construction sector.</li><li>Most unicorns (37%) are positioned on Property Management.</li><li>The average time to reach unicorn status is 6.3 years, ranging from less than a year to 19 years.</li><li>Modular construction’s adoption is a long-term and progressive trend that faces complex operational and regulatory challenges.</li><li>Financial management and cost control key differentiators between thriving and struggling startups.</li><li>The Real Estate and Construction sector is facing productivity and decarbonization challenges presenting immense opportunities for innovation.</li><li>There is potential in AI solutions, low-carbon construction materials, or offering sustainability management software.</li><li>The situation of companies like Katerra, Veev, and Nexii highlight the risks of rapid scaling in modular construction without achieving profitability.</li><li>The industry requires a keen sense of operations and finance.</li><li>Adam Neumann rebounded by founding Flow in 2022, becoming the only entrepreneur having founded two Proptech unicorns.</li></ul>

Real Estate & Construction Unicorn Report

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