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PropTech Retrospect: April highlighted by ESG initiatives and appraisals reform

April kicked off the second quarter of 2022, and with it the proptech market saw a number of funding rounds and product launches focused on mortgage processing and environmental reporting.

While there was still a significant amount of activity related to property management and rental services, it seems that the approval of Desktop Appraisals and Earth Day-inspired news made this past month a bit different than the previous few.

Key highlights of this ESG (Environmental, Social, Governance) trend included the launch of Measurabl’s real estate ESG monitoring platform and RET Ventures‘ new ESG-focused Housing Impact Fund.

Fannie Mae and Freddie Mac‘s recent permanent approval of desktop appraisals also caused a series of product launches and partnerships, highlighted by MISMO’s new e-Eligibility exchange and Diakrit‘s recent acquisition of real estate visual asset firm Virtuance.

The news doesn’t stop there. Below I’ve listed the biggest stories, news and activity around proptech industry for April.

Enjoy this month’s PropTech Retrospect.

Property Management/Smart home

Real Estate/Property Investment



ESG/Smart home

VC Funds News

  • RET Ventures launches ESG-focused Housing Impact Fund: “The large real estate tech investment firm also noted that an important goal of the fund will be broadening the sector’s approach to ESG, utilizing a more holistic focus that addresses climate change and environmental risks.” (Apr. 22)

M&A News 

  • Redfin closes $138M deal for mortgage lender: “Redfin completed its acquisition of Bay Equity Home Loans, paying $137.8 million for the mortgage lending operation in its quest to provide customers “a one-stop shop” where they can buy, sell, rent and finance a home, according to a news release from the company.” (Apr. 8)


Housing Market

PropTech Abroad

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Tech Nest: The PropTech Podcast with Nate Smoyer

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