Episode #252 of The VentureFizz Podcast features Gary Beasley, CEO & Co-Founder of Roofstock.
Real estate is the largest asset class in the world, so it’s surprising that this industry has been slow to change, but this is not the case anymore. The proptech industry is on fire. According to the Wall Street Journal, last year over $9.5B was invested into the proptech industry from VC firms and other investors. It’s proof that there is a tremendous amount of disruption happening in this sector through the use of technology to solve an incredible amount of business challenges and improving operational efficiencies.
After building a very successful career in the real estate and tech industry, Gary saw an opportunity to build on his knowledge to launch Roofstock, the leading end-to-end online platform for single family rental investing. Its marketplace makes the process of investing in single-family properties accessible, cost-effective, and just simple. The company just announced a $240M Series E funding at a $1.94B valuation.
In this episode of our podcast, we cover:
- A discussion about the proptech market and what’s going on within this industry.
- A walk through Gary’s background and all the great companies that he’s been involved throughout his career.
- All the details on Roofstock in terms of how the marketplace works and growth plans ahead.
- Three real estate markets that Gary is the most bullish on.
- Gary’s point of view on the current state of the real estate market and how economic factors play into the overall puzzle.
- And so much more.