15 proptech investors in Dallas electrifying real estate innovation in 2026

Dallas raised $4.8B across 320+ deals in 2025. Real estate and construction tech took $890M of that, third behind fintech and healthcare. The ecosystem is operator-heavy - most investors built or ran real estate companies before investing. You won't get funded here pitching theory. They want proof you understand how buildings actually get built and sold.

Quick list

Why Dallas works for real estate fundraising

Dallas has 40+ active investors in real estate tech with checks ranging from $1M to $15M. Average seed round is $2.5M and Series A is $8M. That's competitive with Austin but less than SF. The difference is Dallas investors actually understand real estate operations - most ran construction companies, development firms, or brokerage operations.

Construction tech gets funded easily here because DFW has 15,000+ active construction projects. Residential proptech works because Dallas-Fort Worth is the second-fastest growing metro in the US. Commercial real estate tech is harder unless you're solving multifamily or industrial problems - office space is a tough sell post-2020.

The ecosystem skews practical. Don't pitch AI-powered valuations or blockchain property titles. Dallas real estate investors want software that reduces costs, speeds up timelines, or helps operators scale. They've all lost money on technology that looked smart but didn't work on job sites.

Picking the right Dallas real estate investor

Operational experience matters more here than other markets. Check if they've actually built buildings, managed properties, or run construction companies. Trustbridge, Perot Jain, and Wildcat all have operators-turned-investors. They'll catch mistakes in your unit economics that pure financiers miss.

Portfolio fit determines if you'll get a meeting. Dallas investors specialize - some only do residential, others focus on commercial or construction.

Check sizes typically range $2-5M for seed, $5-12M for Series A, and $10-25M for Series B in real estate tech. That's larger than typical tech seed rounds because real estate startups need more capital for market penetration.

Geographic focus is huge. If you're building residential proptech, show traction in DFW, Austin, or Houston first. Dallas investors won't fund a company that only works in coastal markets - they want Texas proof points. Use Ellty to share your deck with trackable links so you can see which investors actually open your market analysis versus just glance at the deck.

Industry connections separate good investors from great ones. The best Dallas real estate investors can intro you to Hillwood Properties, Crescent Real Estate, or Lincoln Property Company for pilots. They know the GCs at Balfour Beatty and Hensel Phelps. Those relationships are worth more than their capital.

Follow-on capacity exists for Series B and C if you're growing fast. Several Dallas funds write $10-20M checks, unlike general tech where growth rounds require coastal capital. But they'll expect DFW to remain a top-3 market for your business. Shrink your Dallas footprint and local investors get nervous.

How to find and approach Dallas real estate investors

Research recent proptech deals through Dallas Innovates and the Dallas Business Journal. They cover every significant real estate tech investment locally. Check which funds led rounds for Built Technologies, SmartRent, and OJO Labs - those investors are still active.

Leverage TECH Fort Worth and Dallas Innovators networks. These organizations connect real estate operators with tech founders. Most Dallas real estate investors attend their events. The connections feel less transactional than typical venture capital networking.

Build relationships at ULI Dallas Young Leaders events. Urban Land Institute is where real estate investors and operators meet. Half the attendees are potential customers, the other half are potential investors. Don't skip these for generic startup events. DPA-compliant document sharing becomes essential once due diligence begins and deeper company data is requested.

Share your deck strategically. Upload to Ellty and send unique tracking links to each investor. Dallas real estate investors typically review decks within 3-5 days - they move faster than institutional VCs but slower than SF seed funds. You'll see which investors spend time on your customer case studies versus financials.

Attend the Dallas Builders Association events if you're in construction tech. This is where GCs, subcontractors, and construction investors meet. Built Technologies and Procore both found early customers and investors here.

Connect with portfolio founders in your specific vertical. The residential proptech community is separate from construction tech. Commercial real estate founders rarely talk to residential founders. Find your specific niche and get warm intros within it. Many founders look for DocSend alternatives that still allow them to share, track, and control documents without extra cost.

Organize due diligence early. Set up an Ellty data room before meetings with real estate investors. They'll want your customer contracts, Texas incorporation docs, and detailed unit economics. Real estate investors dig deeper into financial models than typical tech VCs.

Understand the local pace. Series A rounds take 4-6 months in Dallas versus 2-3 months in SF. Investors want to meet your customers, visit job sites, and understand your operational playbook. They're investing in execution ability, not just market size.

Dallas-specific considerations for real estate investors

Dallas real estate investors strongly prefer B2B models over consumer proptech. They've watched OpenDoor, Zillow Offers, and other iBuyer models struggle. Show profitable unit economics early or explain exactly when you'll reach profitability - "we'll figure it out at scale" doesn't work here.

Texas regulations affect real estate tech differently than coastal states. Title companies work differently here. Construction permitting is faster but HOA rules are stricter. Dallas investors expect you to understand these nuances before first meetings. If you're building something that worked in California, explain specifically how it works in Texas.

The competition for real estate tech deals is lighter than SF but pickier. You'll meet fewer investors but they'll ask harder operational questions. Dallas investors pass on deals that would get funded in SF because they know the local market better and spot problems faster.

15 top real estate investors in Dallas

1. Trustbridge Partners

Dallas-based growth equity firm that's backed multiple proptech exits and focuses on B2B infrastructure.

• Recent Deals: Built Technologies ($125M Series C, construction fintech), MRI Software (property management), Porch Group (home services platform)
• LinkedIn: Raj Atluru
• Sector Focus: construction tech, property management software, real estate fintech
• Stage Focus: Series B, Series C, growth
• Office Location: 5950 Sherry Lane, Preston Center
• Website: trustbridgepartners.com

2. KBS Capital Markets

Dallas-based real estate investment firm that invests in proptech platforms serving commercial real estate.

• Recent Deals: VTS ($1.7B valuation before Blackstone acquisition), commercial real estate platforms, lease management software
• LinkedIn: Charles J. Schreiber Jr.
• Sector Focus: commercial real estate tech, lease management, property operations
• Stage Focus: Series A, Series B, growth
• Office Location: 800 Main Street, Downtown Dallas
• Website: kbscapitalmarkets.com

3. Wildcat Venture Partners

Highland Park-based seed and early-stage fund that's backed multiple Dallas proptech companies.

• Recent Deals: OJO Labs ($78M Series C, real estate platform), residential proptech, real estate data analytics
• LinkedIn: Nate Dibner
• Sector Focus: residential proptech, real estate platforms, consumer real estate tech
• Stage Focus: seed, Series A
• Office Location: 4131 N. Central Expressway, Highland Park
• Website: wildcatventurepartners.com

4. Perot Jain

Dallas venture firm backed by the Perot family focusing on tech infrastructure including proptech.

• Recent Deals: SmartRent ($2.2B SPAC valuation), property tech platforms, real estate operations software
• LinkedIn: Arun Jain
• Sector Focus: property operations, smart building tech, residential management
• Stage Focus: Series A, Series B, growth
• Office Location: Uptown Dallas
• Website: perotjain.com

5. Bain Capital Ventures

Boston-based but highly active in Dallas proptech market with multiple Texas portfolio companies.

• Recent Deals: Procore ($9B IPO, construction software), ServiceTitan (field service), Redis (used in proptech)
• LinkedIn: Ajay Agarwal
• Sector Focus: construction software, property management, real estate infrastructure
• Stage Focus: Series B, Series C, growth
• Office Location: Remote presence, active in Dallas deals
• Website: baincapitalventures.com

6. Lugano Partners

Dallas-based venture firm focused on real estate technology and financial services.

• Recent Deals: Entera ($30M Series B, single-family investment platform), real estate data platforms, property acquisition tech
• LinkedIn: Bill Sarpalius
• Sector Focus: residential investment platforms, real estate data, property acquisition
• Stage Focus: Series A, Series B
• Office Location: 2911 Turtle Creek Boulevard, Uptown
• Website: luganopartners.com

7. Texas Pacific Land Corporation

Public company that invests in land tech and energy-related real estate platforms.

• Recent Deals: Land management platforms, energy infrastructure real estate, water rights technology
• LinkedIn: Tyler Glover
• Sector Focus: land management, energy real estate, water/mineral rights tech
• Stage Focus: growth, strategic investments
• Office Location: 1700 Pacific Avenue, Downtown Dallas
• Website: texaspacific.com

8. Gaingels

LGBTQ-focused investment syndicate active in Dallas with recent real estate tech deals.

• Recent Deals: Dallas rental management platform (2025 seed), residential proptech, property tech platforms
• LinkedIn: Lorenzo Thione
• Sector Focus: residential proptech, property management, rental platforms
• Stage Focus: seed, Series A
• Office Location: Remote with Dallas members
• Website: gaingels.com

9. Bowery Capital

New York-based fund that invests heavily in vertical SaaS including construction and real estate.

• Recent Deals: ServiceTitan (Series D, field service software), vertical SaaS for construction, contractor platforms
• LinkedIn: Michael Brown
• Sector Focus: construction software, contractor platforms, field service tech
• Stage Focus: Series A, Series B
• Office Location: New York (active in Dallas market)
• Website: bowerycap.com

10. MetaProp NYC

New York proptech VC with significant Dallas portfolio and Texas market focus.

• Recent Deals: VergeSense (workplace analytics, Dallas expansion), Properly (property operations), Latch (smart building)
• LinkedIn: Zach Aarons
• Sector Focus: smart building tech, workplace analytics, property operations
• Stage Focus: seed, Series A
• Office Location: New York (active in Dallas)
• Website: metaprop.vc

11. Camber Creek

Washington DC-based proptech fund that's invested in multiple Dallas market leaders.

• Recent Deals: SmartRent (Series B, Dallas fastest growth market), property automation, residential operations tech
• LinkedIn: K.P. Reddy
• Sector Focus: multifamily tech, smart apartments, property automation
• Stage Focus: Series A, Series B
• Office Location: Washington DC (Dallas portfolio focus)
• Website: cambercreek.com

12. Fifth Wall

Los Angeles-based proptech fund backed by real estate operators including Dallas firms.

• Recent Deals: Opendoor (Dallas second-largest market), residential transaction platforms, iBuyer technology
• LinkedIn: Brendan Wallace
• Sector Focus: residential transactions, commercial proptech, climate tech for real estate
• Stage Focus: Series B, Series C, growth
• Office Location: Los Angeles (Dallas LP base)
• Website: fifthwall.com

13. RET Ventures

Stamford-based proptech fund focused on residential real estate technology.

• Recent Deals: Updater (Series C, residential moving platform), SmartRent (co-investor), residential operations tech
• LinkedIn: John Helm
• Sector Focus: residential operations, moving platforms, resident experience tech
• Stage Focus: Series A, Series B
• Office Location: Stamford, CT (active in Dallas)
• Website: retventures.com

14. Moderne Ventures

San Francisco-based proptech and fintech fund with strong Texas presence.

• Recent Deals: Qualia (Series C, title and closing software used across Texas), Properly (Series A, property management), title tech platforms
• LinkedIn: Constance Freedman
• Sector Focus: title and closing tech, mortgage tech, property management
• Stage Focus: seed, Series A, Series B
• Office Location: San Francisco (active in Texas market)
• Website: moderneventures.com

15. Zillow Ventures

Seattle-based corporate VC arm of Zillow investing in proptech across the US including Dallas.

• Recent Deals: Haus (home co-ownership), Homeward (home buying platform), ShowingTime (acquired by parent)
• LinkedIn: Kal Vepuri
• Sector Focus: residential transactions, homebuying platforms, real estate services
• Stage Focus: seed, Series A
• Office Location: Seattle (Dallas market focus)
• Website: zillowgroup.com/ventures

Start tracking your Dallas real estate investor outreach

These 15 investors closed real estate tech deals in Dallas or with Dallas market focus during 2025-2026. Before you start reaching out to proptech funds, set up proper tracking.

Upload your deck to Ellty and create a unique link for each Dallas investor. You'll see exactly which slides they view and how long they spend on your unit economics. Dallas real estate investors typically skip technology slides but focus heavily on go-to-market strategy, customer acquisition costs, and proof you understand how real estate operations actually work.

When Dallas investors ask for more materials during due diligence, share an Ellty data room instead of scattered Google Drive folders. Your customer contracts, financial models, Texas market analysis, and operational playbooks in one secure place with view analytics. Real estate investors expect more detailed diligence than typical SaaS investors - organized documentation signals you're ready for their scrutiny.

Common questions

Do I need to be based in Dallas to raise from Dallas real estate investors?

Not necessarily, but you need strong Dallas-Fort Worth traction. Most investors want to see DFW as a top-3 market for your business. Remote companies can raise from Trustbridge or Perot Jain if they're scaling in Texas, but purely coastal companies rarely get Dallas real estate capital.

How does Dallas compare to SF or NYC for proptech funding?

Dallas has less total proptech capital but investors here actually understand real estate operations. You'll get harder questions about unit economics and customer acquisition but less hype-driven funding. Average Series A is $8M versus $12M in SF, but Dallas burn rates are 35% lower.

What's the typical check size for real estate investors in Dallas?

Seed rounds are $2-5M, Series A rounds are $5-12M, Series B rounds are $10-25M. That's larger than typical tech rounds because real estate startups need more capital for market penetration and often have hardware components or higher CAC.

Should I raise from Dallas real estate investors or general tech VCs?

Raise from Dallas real estate investors if you're building construction tech, property management software, or residential operations platforms. Their operational expertise and customer intros are worth more than pure capital. General tech VCs don't understand real estate unit economics and will ask the wrong questions.

Do Dallas real estate investors expect in-person meetings?

Yes, especially for Series A and beyond. They want to visit customer sites, see your product in action, and meet your team in person. Budget for 4-6 trips if you're not local. Zoom works for initial conversations but every Dallas real estate investor we spoke to prefers in-person diligence.

What types of proptech get funded most in Dallas?

Construction tech and residential proptech dominate - together they're 70% of real estate tech funding in DFW. Commercial real estate tech works if you're focused on multifamily or industrial. Office space tech is dead. Consumer proptech (iBuyers, Zillow competitors) is very hard to fund after OpenDoor and Zillow's struggles.

How important is Texas market traction versus national growth?

Critical for Dallas investors. They want to see Texas as a top-3 market, ideally top-1. If you're growing faster in California or New York than Texas, local investors worry you don't understand the regional differences. DFW, Austin, and Houston traction together make you very fundable in Dallas.