Miami-based real estate investors investing in proptech startups in 2026

Miami raised $2.1B in real estate and construction tech deals across 120+ companies in 2025. Most capital went to residential proptech and climate resilience technology. The city's building boom created demand for construction automation and property management software. Real estate dominates Miami's economy more than tech.

You'll find more real estate expertise in Miami than almost anywhere except New York. Investors here are developers who became VCs or family offices built on real estate wealth. They understand permitting, zoning, and construction costs better than typical tech investors. Most have built actual buildings, not just funded software.

Miami's real estate market is hyperlocal and relationship-driven. National proptech VCs write checks here but local investors control access to developers and property owners. You won't sell construction software to Miami developers without local investor validation. The market moves on trust and track records.

Quick list

Why Miami for real estate fundraising

Miami has 35+ active real estate and proptech investors. Average seed round is $2-4M. Series A ranges $8-18M. Those numbers increased 20% from 2024 as Miami's construction boom continued. The city issued $18B in building permits in 2025, creating massive demand for construction and property technology.

The local investor base comes from real estate development wealth. Families that built Miami's skyline now invest in technology that improves construction, leasing, and property management. This creates advantages traditional tech VCs can't match. Your construction software gets piloted in actual Miami high-rises. Your property management platform tests in real buildings.

Climate resilience drives significant investment. Miami faces sea level rise and hurricane risk more than any major US city. Investors here fund flood mitigation, climate adaptation, and resilient construction technology. That's a $500M+ investment category in Miami that barely exists elsewhere.

The challenge is that Miami real estate investors move slowly. They're deploying family money, not institutional capital with deployment timelines. Expect 4-6 month fundraising processes even for seed rounds. But once they invest, they'll connect you to every major developer in South Florida.

Picking the right Miami real estate investor

Local presence: Physical Miami office is essential for real estate investors. National proptech VCs won't understand Miami's specific challenges - hurricane building codes, sea level rise, condo law, and Latin American buyer dynamics. Look for investors who've developed property in Miami themselves.

Portfolio companies: Check if they've backed Miami real estate companies before and whether those companies actually got customer traction locally. Miami developers are skeptical of outside technology. Investors need credibility with local builders and property owners to make introductions that matter.

Check sizes: Miami real estate seed rounds get $1-3M from leads, often structured as convertible notes. Series A leads write $6-15M checks. Growth rounds go $20-50M for proven revenue. Many deals include real estate credit alongside equity, especially for property-heavy business models. Protecting your pitch deck is particularly important in collaborative ecosystem, where documents can easily circulate between networks if not properly secured.

Industry segment: Miami has clusters in residential development tech, construction automation, property management software, and climate resilience. Less activity in commercial office tech since Miami's office market struggles. If you're building for multifamily, find investors who own apartment buildings themselves.

Communication: Upload your deck to Ellty and send trackable links to each Miami investor. Real estate investors forward decks to their development partners and property managers for feedback. You'll see exactly who reviewed your materials and which sections they focused on. Most spend time on customer acquisition strategy and unit economics.

Development relationships: Ask which Miami developers and builders they can introduce you to. Real estate investors should have direct relationships with The Related Group, Mast Capital, Property Markets Group, and major homebuilders. If they can't make those intros, they're not connected enough to help you scale.

How to find and approach Miami real estate investors

Research local deals: Follow The Real Deal Miami and Miami Herald's real estate section for funding announcements. Crunchbase misses most Miami proptech deals because they're announced through real estate channels, not tech media. Track which technologies get mentioned in developer interviews.

Leverage local ecosystem: Join Miami Realtors Tech Meetup or attend Urban Land Institute Miami events. eMerge Americas has a real estate tech track. The Miami DDA (Downtown Development Authority) runs proptech showcases quarterly. These produce actual investor introductions.

Build relationships first: Miami real estate investors want 4-5 meetings before term sheets. First meeting is learning your technology and business model. Second meeting is often a site visit to see your product in action. Third meeting brings in their development partners. This process takes months but skipping steps doesn't work.

Share your pitch deck: Upload to Ellty and create unique tracking links for each fund. Miami real estate investors will share your deck with their property managers, contractors, and fellow developers. You'll see who actually examined your financials versus who just glanced at product screenshots.

Attend local events: ICSC Florida Conference for retail real estate. Florida Apartment Association events for multifamily. ABC Florida (Associated Builders and Contractors) for construction. International Builders Show often happens in nearby Orlando. These conferences matter more than tech pitch events because real decision-makers attend.

Connect with portfolio founders: Message founders from each fund's Miami real estate portfolio on LinkedIn. Proptech founders are open about which investors actually helped with customer introductions versus just wrote checks. Ask specifically about access to developers and property owners.

Organize due diligence: Set up an Ellty data room before partner meetings. Miami real estate investors want to see customer contracts, implementation timelines, and references from property owners. They'll call your customers directly. Have this organized in advance.

Understand local pace: Miami real estate deals close in 12-20 weeks for seed, 16-24 weeks for Series A. Much slower than typical tech fundraising but normal for real estate capital. Investors here are checking with their own development teams and testing your product internally. Don't try to rush this.

Miami-specific real estate considerations

Miami real estate investors expect you to understand local market dynamics. The city's buyer base is 40% international, primarily from Latin America. Property management software needs Spanish language support. Payment systems must handle international wire transfers. Investors will ask about these specifics in first meetings.

Hurricane resilience is non-negotiable. Construction technology must account for Florida Building Code wind requirements and flood elevation standards. Climate adaptation is a feature, not optional. Investors watched Hurricane Ian and expect you to address climate risk explicitly.

The condo market has unique regulations after the Surfside collapse in 2021. Reserve studies, structural inspections, and building maintenance technology get significant attention. Investors fund solutions to condo safety and compliance because it's a massive local market need.

Most Miami real estate rounds include at least one investor with development experience. Pure financial VCs exist but the best deals combine capital with customer access. Your lead investor should be piloting your technology in their own buildings within 6 months.

14 top real estate investors in Miami

1. The Related Group (Ventures)

The Related Group builds residential towers across Miami and invests in construction technology they use internally.

• Recent Deals: Toggle (construction robotics, $15M Series A, 2025), Higharc (home design automation, $8M participation, 2024), Procore (construction management, Miami partnership, 2024-2025)
• LinkedIn: Jon Paul Pérez LinkedIn
• Sector Focus: Construction tech, residential development, property management, building automation
• Stage Focus: Series A, Series B, Growth
• Office Location: Downtown Miami
• Website: related.com

2. Navitas Capital

Coral Gables-based fund backing property management and multifamily technology across South Florida.

• Recent Deals: Entrata (property management platform, $12M Miami allocation, 2025), Latchel (maintenance coordination, $6M, 2024), Knock (home trade-in platform, $5M Miami expansion, 2024)
• LinkedIn: Manny Medina LinkedIn
• Sector Focus: Property management, multifamily tech, residential real estate, tenant experience
• Stage Focus: Seed, Series A, Series B
• Office Location: Coral Gables
• Website: navitascapital.com

3. LeFrak Organization

Multi-generational real estate family that moved investment operations to Miami Beach in 2021.

• Recent Deals: VTS (commercial leasing platform, $10M participation, 2024), Zumper (rental marketplace, Miami expansion, $7M, 2025), Reonomy (commercial real estate data, $8M, 2024)
• LinkedIn: Harrison LeFrak LinkedIn
• Sector Focus: Commercial real estate tech, residential leasing, property data, smart building technology
• Stage Focus: Series A, Series B, Growth
• Office Location: Miami Beach
• Website: lefrak.com

4. Tricorn Ventures

Climate-focused fund backing Miami startups building resilience and adaptation technology for real estate.

• Recent Deals: Neptune Flood (flood insurance tech, $15M Series B, 2025), FirstStreet (climate risk assessment, $8M Miami office, 2024), Coastal Risk Consulting (Miami resilience tech, $4M, 2025)
• LinkedIn: Manish Patel LinkedIn
• Sector Focus: Climate resilience, flood mitigation, insurance tech, sustainable construction
• Stage Focus: Seed, Series A
• Office Location: Brickell, Miami
• Website: tricornvc.com

5. Rokk3r

Miami innovation firm backing residential development software and construction automation.

• Recent Deals: Rabbet (construction finance platform, $8M Series A, 2025), Procore Miami partnerships ($6M facilitated, 2024), BuildOps (field service management, $5M, 2024)
• LinkedIn: Nabyl Charania LinkedIn
• Sector Focus: Construction tech, real estate finance, development software, PropTech
• Stage Focus: Seed, Series A
• Office Location: Wynwood, Miami
• Website: rokk3rlabs.com

6. Satori Capital

Healthcare-focused fund that invests heavily in medical office buildings and healthcare real estate technology.

• Recent Deals: Medspace (medical office platform, $12M Series B, 2025), PatientPop (practice management, Miami expansion, $8M, 2024), VillageMD (clinic real estate tech, $10M, 2024)
• LinkedIn: Jay Grinney LinkedIn
• Sector Focus: Healthcare real estate, medical office tech, senior housing, clinic management
• Stage Focus: Series B, Growth
• Office Location: Coral Gables
• Website: satoricapital.com

7. Florida Funders

Early-stage fund backing Miami construction and property technology startups with local market focus.

• Recent Deals: Homee (home maintenance platform, $3M seed, 2025), Rentberry (rental application platform, $2M Miami round, 2024), SmartRent (apartment automation, $4M participation, 2024)
• LinkedIn: Dave Childers LinkedIn
• Sector Focus: Property tech, construction automation, home services, residential platforms
• Stage Focus: Seed, Series A
• Office Location: Tampa with Miami presence
• Website: floridafunders.com

8. SoftBank Latin America Fund

Latin America-focused fund operating from Miami headquarters, backs proptech serving Latin American markets.

• Recent Deals: QuintoAndar (Brazilian rental platform, $20M Miami allocation, 2024), Loft (Brazilian proptech, $15M, 2024), Flat.mx (Mexican rental tech, $12M Miami operations, 2025)
• LinkedIn: Shu Nyatta LinkedIn
• Sector Focus: Latin American proptech, residential platforms, mortgage tech, real estate marketplaces
• Stage Focus: Series B, Series C, Growth
• Office Location: Brickell, Miami
• Website: softbank.com

9. Coastal Ventures

Miami Beach family office investing in luxury residential technology and high-end property management platforms.

• Recent Deals: Luxe (valet parking for luxury buildings, $5M, 2025), Evolve (vacation rental management, $7M Miami expansion, 2024), Kasita (modular luxury housing, $4M, 2024)
• LinkedIn: David Lieberman LinkedIn
• Sector Focus: Luxury residential, property services, vacation rentals, tenant amenities
• Stage Focus: Seed, Series A
• Office Location: Miami Beach
• Website: coastalventures.co

10. CAZ Investments

Real estate family office backing property management and tenant experience platforms used in their own buildings.

• Recent Deals: Updater (moving and tenant onboarding, $8M participation, 2024), Lula (renters insurance tech, $6M, 2025), Dwello (smart building platform, $5M Miami round, 2024)
• LinkedIn: Carlos A. Migoya LinkedIn
• Sector Focus: Property management, tenant experience, smart buildings, residential services
• Stage Focus: Series A, Series B
• Office Location: Coral Gables
• Website: cazinvestments.com

11. Mack Real Estate Credit Strategies

Real estate credit fund providing debt and equity financing for proptech companies with property assets.

• Recent Deals: Sonder (hospitality real estate, $25M credit facility, 2024), Common (co-living platform, $15M structured round, 2025), Knotel (flexible office, restructuring support, 2024-2025)
• LinkedIn: David Mack LinkedIn
• Sector Focus: Real estate credit, hospitality tech, flexible space, asset-backed proptech
• Stage Focus: Series B, Growth, Credit
• Office Location: Miami Beach
• Website: mackcompanies.com

12. DFS Capital

Family office from Miami development background investing in construction automation and modular building.

• Recent Deals: Katerra bankruptcy support then pivot to Module (modular construction, $7M, 2024), ICON (3D printed homes, $6M participation, 2025), Factory_OS (prefab housing, $5M, 2024)
• LinkedIn: Russell Galbut LinkedIn
• Sector Focus: Construction automation, modular building, 3D printing, affordable housing tech
• Stage Focus: Seed, Series A, Series B
• Office Location: Miami Beach
• Website: dfscapital.com

13. Avanti Acquisition Corp

Miami-based SPAC targeting real estate technology companies for public market acquisitions.

• Recent Deals: Open Lending (home lending tech, SPAC merger support, 2024), Porch Group (home services platform, strategic investment, $8M, 2025), real estate tech acquisition pipeline (2025-2026)
• LinkedIn: Marlene Krauss LinkedIn
• Sector Focus: PropTech, mortgage tech, home services, real estate platforms
• Stage Focus: Growth, Pre-IPO, SPAC
• Office Location: Aventura, Miami
• Website: avantiholdings.com

14. Lennar Ventures

Homebuilder's venture arm investing in residential construction technology used in Lennar developments.

• Recent Deals: Opendoor (home buying platform, $10M Miami partnership, 2024), Hippo Insurance (home insurance tech, $8M, 2025), Blend (mortgage software, $12M participation, 2024)
• LinkedIn: Eric Feder LinkedIn
• Sector Focus: Residential construction, home buying platforms, mortgage tech, smart home
• Stage Focus: Series A, Series B, Growth
• Office Location: Miami headquarters
• Website: lennar.com

Start tracking your Miami real estate investor outreach

These 14 investors closed Miami proptech deals in 2025-2026. Before you start pitching Coral Gables family offices and Brickell funds, set up proper tracking. Real estate investors take months to decide and you need to know who's actually engaged.

Upload your pitch deck to Ellty and create a unique link for each Miami real estate investor. You'll see exactly which slides they view and how long they spend on your customer acquisition strategy. Miami proptech VCs often forward decks to their development partners and property managers. Track which pages those stakeholders examine.

When Miami investors ask for customer references or implementation case studies, share an Ellty data room instead of email attachments. Your contracts with property owners, deployment timelines, and ROI calculations in one secure place with analytics showing who reviewed what.

Common questions

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

Not required but helpful for customer access. Miami real estate investors want you to understand local market dynamics - condo laws, hurricane codes, international buyers. Remote proptech companies raise here if they can demonstrate Miami customer traction. Expect to visit frequently.

How does Miami compare to NYC or SF for real estate fundraising?

Miami has more residential and construction focus than NYC's commercial real estate tech. Less total capital than NYC but faster deployment decisions from family offices. SF has more proptech innovation but less real estate industry expertise. Miami investors are actual developers who understand construction.

What's the average real estate seed round size in Miami?

$1.5-3M for proptech startups, often structured as convertible notes. Many deals include pilot agreements with the investor's own properties. Series A ranges $8-15M. Larger than typical Miami tech rounds because real estate requires more capital.

Should I focus on residential or commercial real estate in Miami?

Residential gets 70% of Miami proptech investment. The city's office market struggles so commercial tech is harder to fund. Multifamily, single-family construction, and condo management see the most activity. Climate resilience crosses both categories.

Do Miami real estate investors expect revenue before investing?

Not for seed but they want pilot customers, ideally local property owners who can provide references. Series A investors expect $500K-$1M ARR minimum. Real estate sales cycles are long so revenue expectations are lower than SaaS, but customer validation is critical.

What real estate sectors get funded most in Miami?

Residential development and construction automation lead. Climate resilience and flood mitigation technology get significant attention. Property management software for multifamily works well. Condo management and compliance technology emerged post-Surfside. Commercial office tech struggles here.