The short answer
Our database lists 582 US startup investors focused on proptech & real estate, and 315 of those with a known state are based outside California, New York and Massachusetts. The most represented states are California (147), New York (64), Texas (42), Illinois (32), Massachusetts (31). (Zalarma investor database, as of 2026-11-01.)
Where they are
US states with the most proptech & real estate investors in our database.
| State | Investors |
|---|---|
| California | 147 |
| New York | 64 |
| Texas | 42 |
| Illinois | 32 |
| Massachusetts | 31 |
| Florida | 31 |
| Washington | 25 |
| Colorado | 20 |
| Utah | 18 |
| Georgia | 18 |
| Maryland | 17 |
| Washington, DC | 14 |
Top metros
What stages they back
Of the 573 records in this group that list a stage, here is how many invest at each one (investors often list several).
Investors by stage
Who they are
The mix of investor types tells you where your first checks are most likely to come from.
Investors by type
Sectors they focus on
Sector focus as listed on each record. Generalists who list many sectors are counted in each.
Investors by sector focus
Typical check sizes
Based on the 572 records that list a check size (we use the low end of a stated range).
Investors by typical check size
Active firms outside California, New York and Massachusetts
Firms ranked by how many of their investors in this group appear in our database, counting only investors based outside the three biggest hubs. A starting map, not a ranking of quality.
| Firm | Main stages | Listed |
|---|---|---|
| Asana Partners | Pre-seed, Seed | under 10 |
| Beresford Ventures | Pre-seed, Seed, Series A | under 10 |
| 8VC | Seed, Series A, Series B+ | under 10 |
| HPA | Pre-seed, Seed, Series A, Series B+ | under 10 |
| Denver Angels | Seed, Series A | under 10 |
| Watermark Capital Partners | Pre-seed, Seed | under 10 |
| M25 | Seed, Series A | under 10 |
About this data
Counts are records in the Zalarma investor database, as of 2026-11-01: angels, venture firms and their partners, micro-VCs, family offices, corporate VCs and accelerators that list startup investing. One investor can appear in several stage or sector rows. Stage, sector and check size come from what each record lists, so not every record has every field. Counts under 10 are not shown. Firm names are listed; we do not publish personal contact details on this site. Read how we build and check the data.
Frequently asked questions
How many proptech & real estate investors are there in the US?
The Zalarma investor database lists 582 US startup investors in this group as of 2026-11-01. It is a count of records in our database, not of the whole market.
Are most of them in Silicon Valley?
No. 315 of those with a known state are based outside California, New York and Massachusetts.
How should I approach them?
Shortlist the investors whose stage, sector and check size match your round, find a warm path for the top 25, and send a short, specific note to the rest. Our guides cover both.
Can Zalarma introduce me?
Tell us about your round and within 2 business days we will send 5 hand-picked investors, each with a one-line why-they-fit. We never share your details with investors without your OK.