Innovation across housing construction, energy efficiency and property business transformation recognised at the coveted 2024 Proptech of the Year awards at the Fullerton Hotel, Sydney, last night said The President of Proptech Association Australia, Kylie Davis.
Proptech Association Australia has announced the winners of its coveted 2024 Proptech of the Year awards at the Fullerton Hotel, Sydney, last night.
More than 125 proptech companies representing the depth and spread of solutions across 13 functional categories entered the awards, making it the biggest event in its four-year history.
These included awards for AI solutions, affordable housing, construction, off-the-plan, energy efficiency, and asset management, as well as the traditional awards for sales and marketing, property management, administration, and efficiency.
In the major awards, the Proptech of the Year winners for the following categories were:
The Association named the decarbonisation data company, ValAi, as the Proptech to Watch.
Residential Proptech of the Year is the carbon-reduction app, EnergyFlex, while Xylo Systems, a platform to encourage and maintain biodiversity, has won Commercial Proptech of the Year.
The CEO of Before You Buy, Rhy Rogers, has been named Proptech Leader of the Year.
A total of 34 awards were presented and more than 330 guests attended the gala dinner to celebrate achievements in the Proptech Sector.
The President of Proptech Association Australia, Kylie Davis, said the awards demonstrate the growing relevance and importance of the proptech sector to the Australian and New Zealand economies.
“Over the past four years, we have witnessed incredible improvements in property technology, an expansion in the types of problems it is solving for and accelerating speeds of adoption by the market,” Kylie said.
“The proptech sector has moved from being focused on sales, marketing and property management solutions to now working to solve diverse and intractable problems including housing supply, affordability, ownership and energy efficiency.”
“This year one of our biggest categories was the Consumer Proptech award, demonstrating the number of proptechs now working to put power back in the hands of property buyers, renters and owners. AI and Energy Efficiency and Data Solutions were also extremely strong categories.”
Ms Davis congratulated all the finalists and the winners.
“The entries were of the highest standard,” she said. “Judges have remarked on the sophistication of the entries, and the difficulty in having to pick winners. I believe this demonstrates how the Proptech Sector is providing increasingly innovative and robust solutions for domestic and international markets.”
The biggest winners on the night were MRI Software, a leading provider of real estate and investment software, which picked up five awards. The AI-enabled planning and property development platform, Archistar, received three awards.
Full list of winners:
Major Awards
Open Awards
Divisional Awards
Administration and Efficiency
Asset & Facilities Management
Consumer Proptech
Data Solutions
Property Management & Maintenance
Sales & Marketing
Valuation & Financial Solutions