BluePrint Conference 2022 was held this year in Las Vegas 9/12 to 9/14 and was alive with excitement. The event had nearly 1,500 attendees, double last year’s event. This year the exhibitors were strong, representing the full spectrum of PropTech from multi-family to SFR to commercial and included IOT, AI/ML, data platforms, realty software and more. This year had a strong focus on Venture Capital including a round table session with major PropTech VCs.
In a session about raising during a downturn, an audience member asked the speakers panel if overall funding is less available. Travis Connors, General Partner of Building Ventures, responded that certainly Series B and later is seeing a marked decline in funding but that Seed funding is still quite available since the timetable on expected returns is so much later and beyond the short term impact of the current economic climate.