[ prop-tek ]
/ ˈprɒp tɛk /
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digital technology developed for use in the real estate industry, including property management, construction, and finance and investment software (often used attributively): proptech startups;the proptech sector;sellers utilizing proptech to ascertain their market.
a company that develops technology for the real estate industry or that integrates such technology into its products or services: Investment in proptechs has slowed.
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Origin of proptech
First recorded in 2015–20; prop(erty) + tech(nology)
Words nearby proptech
proprioceptor, proprio motu, proprium, prop root, props, proptech, propter hoc, proptosis, propulsion, prop wash, propyl
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023