We hear about New York, San Francisco, Berlin....But what's happening in Chicago. A great breakdown of 10 Proptech companies in Chi-town making waves.
Bob Gillespie, executive director of the Elmspring Accelerator, believes that’s all about to change. His accelerator, which is backed by real estate companies like Harrison Street, Waterton and Century 21 Affiliated, has seen a significant uptick both in quality and quantity of applicants over the past two years, from 40 applicants during its inaugural class to well over 100 for the most recent cohort. “Adoption by the major players in the real estate industry has been slow in coming,” said Gillespie. “That’s definitely changing, where a lot of the forward-looking real estate companies are now actively looking for innovation.”