The Proptech Awards 2024 winners announced
The Proptech Association Australia have announced the winners of its coveted 2024 Proptech of the Year awards.
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:
- Start-Up: Proptech of the Year – Realtime Conveyancer
- Scale-Up: Proptech of the Year – Archistar
- Established: Proptech of the Year – MRI Software
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, Rhys Rogers, has been named Proptech Leader of the Year.
A total of 35 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,” Davis 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.”
Davis added, “The entries were of the highest standard. 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
Proptech to Watch – Val.Ai
Residential Proptech of the Year – EnergyFlex
Commercial Proptech of the Year – Xylo Systems
Start-Up Proptech of the Year – Realtime Conveyancer
Scale-Up Proptech of the Year – Archistar
Established Proptech of the Year – MRI Software
Proptech Leader of the Year – Rhys Rogers, CEO of Before You Buy
OPEN AWARDS
AI Empowered Solutions – JLL Risk Analytics
Affordability & Social Solutions – FrontYa
Construction – Build Buddy
Environment & Energy Efficiency – Xylo Systems
Off The Plan – OPEX
Planning & Design – Archistar
DIVISIONAL AWARDS
Administration and Efficiency
Start-Up – Realtime Transaction Management System
Scale-Up – Snug Leasing Solution
Established – SafeworkID
Asset & Facilities Management
Start-Up – Asseti
Scale-Up – Trendspek
Established – MRI Software – Evolution
Consumer Proptech
Start-Up – Abodey
Scale-Up – Listing Loop
Established – Reapit
Data Solutions
Start-Up – Prophero
Scale-Up – Archistar
Established MRI Software – MRI Agora
Property Management & Maintenance
Start-Up – Sensor Global
Scale-Up – Inndox
Established – Taskforce Australia
Sales & Marketing
Start-Up – Realbot
Scale-Up – DisplaySweet
Established – MRI Software – Vault
Valuation & Financial Solutions
Start-Up – Avenue Bank
Scale-Up – eGuarantee
Established – MRI Software – Asset Modeling
