New-tech venture capital co. MetaProp held its annual Demo Day at Convene at 117 West 46th Street.
Demo Day is the culmination of months of intense growth focus for its accelerator class and is a chance for members of the public to see and hear from the latest crop of high potential PropTech startups.
Presented with support from 31 Ventures by Mitsui Fudosan and Host Partner Convene, this year’s program featured presentations by the five MetaProp accelerator startups, a brief Mentor of the Year announcement, a State of the Union: Future of PropTech presentation by MetaProp’s General Partner Zach Aarons, and networking drinks.
MetaProp’s Accelerator at Columbia University is a 22-week boot camp that connects PropTech startups from around the world to award-winning investors, venture capital and industry mentors and diverse real estate, technology, and institutional partners.
The exclusive accelerator program features executive speakers, real estate education, mentor office hours, presentation workshops, property tours, and international events in cooperation with industry behemoths Blackstone, Brookfield and WeWork, as well as successful later stage PropTech startups VTS, CompStak, Nestio, and Reonomy. Each startup also qualifies for up to $250,000 in financing from MetaProp.
More than 350 of the industry’s top minds gathered to hear about the latest technologies at Demo Day.
MetaProp’s Co-Founder and Managing Partner, Aaron Block, greeted the crowd by explaining the success of MetaProp’s accelerator’s “big hairy goal of bringing the various community stakeholders together and cementing NYC’s place as the center for global PropTech.”
Each of the five startups experienced over 400 percent growth over the 22-week program.