About Real Estate and Construction Tech sector in Japan
The Real Estate and Construction Tech sector in Japan comprises 287 companies, including 113 funded companies having collectively raised $2.13B in venture capital money and private equity. Out of these, 63 are Series A+ funded.
Real Estate and Construction Tech sector in Japan has seen 5 acquisitions and 24 IPOs. This represents almost 10.1% of all such companies - which is higher than the 5.3% exit rate of tech companies in general.
This sector includes companies that provide software solutions for construction, sales, leasing, and management of residential and commercial properties. It also includes companies that provide tech-heavy hardware and advanced materials for such activities.
Real Estate and Construction Tech sector is also known as Real Estate Tech.
It includes companies that provide software solutions for construction, sales, leasing, and management of residential and commercial properties. It also includes companies that provide tech-heavy hardware and advanced materials for such activities. It excludes traditional real estate developers and architects, brokers and property managers, as well as companies providing offline services to the construction and real estate industry.
Top Real Estate and Construction Tech Companies in Japan
There are 287 Real Estate and Construction Tech startups in Japan which include Photoruction, Estie, Toggle Holdings, SORABITO, BALLAS. Out of these, 113 startups are funded, with 63 having secured Series A+ funding.
Over the past 10 years, an average of 15 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Harvard Business School and Harvard University.
Here is the list of top Real Estate and Construction Tech startups in Japan
1. Photoruction
Provider of end-to-end documentation solutions for the construction industry. It provides users with documentation solutions targeted at the construction industry, to document and share blueprints and other multimedia (including photos) documents in order to improve visualization and productivity. The solution also offers features such as real-time photo documentation of site conditions, automated photo organization, blueprints or floorplans or document sharing and editing.
Key facts about Photoruction
- Founded Year: 2016
- Location: Chuo City (Japan)
- Stage: Series B
- Total Funding till date: $13.3M
- Investors: Sumitomo Mitsui Banking Corporation, Mizuho Bank and 14 Others
- Latest Funding Round: Series B, May 19, 2023, $*****
- Tracxn Score: 64/100 What is this?
- Competitors Rank: 1 of 127 Competitors
2. Estie
AI-driven marketplace to search for commercial office spaces. Users can search for office space based on their preferences including the Number of employees, area, budget, and more. The platform offers features including an online preview of the schedule adjustment, communication with the agent, and more.
Key facts about Estie
- Founded Year: 2018
- Location: Minato City (Japan)
- Stage: Series B
- Total Funding till date: $46.6M
- Investors: Vertex Growth, Development Bank of Japan and 9 Others
- Latest Funding Round: Series B, Jan 08, 2025, $*****
- Tracxn Score: 59/100 What is this?
- Competitors Rank: 1 of 2 Competitors
Real estate document management platform. It allows users to upload and download project related documents and data for construction an d infrastructure develpoment applications. It features algorithms for development site search, irregular terrain detection, and road width calculation.
Key facts about Toggle Holdings
- Founded Year: 2020
- Location: Minato (Japan)
- Stage: Series B
- Total Funding till date: $13.3M
- Investors: MetaProp NYC, Japan Post Capital and 5 Others
- Latest Funding Round: Series B, Jan 29, 2025, $*****
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 6 of 613 Competitors
4. SORABITO
Online rental platform for the construction equipment and machinery. It provides a cloud-based equipment rental app for the construction industry.
Key facts about SORABITO
- Founded Year: 2014
- Location: Chuo City (Japan)
- Stage: Series A
- Total Funding till date: $24.2M
- Investors: GMO Venture Partners, JA Mitsui Leasing and 18 Others
- Latest Funding Round: Series A, Apr 23, 2025, $*****
- Tracxn Score: 53/100 What is this?
- Competitors Rank: 1 of 5 Competitors
5. BALLAS
Provider of a platform for the procurement of construction materials. It allows users to upload construction drawings to procure custom-made construction materials used at the construction site while delivering the process of drawing disassembly to parts procurement, enabling businesses to procure raw materials in time.
Key facts about BALLAS
- Founded Year: 2022
- Location: Chuo City (Japan)
- Stage: Series A
- Total Funding till date: $16.3M
- Investors: SBI Investment, Global Brain and 14 Others
- Latest Funding Round: Series A, Apr 02, 2025, $*****
- Tracxn Score: 52/100 What is this?
- Competitors Rank: 8 of 88 Competitors
Companies founded year-on-year in the Real Estate and Construction Tech sector in Japan
34 Real Estate and Construction Tech startups in Japan were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | - |
2024 | 1 |
2023 | 6 |
2022 | 7 |
2021 | 17 |
2020 | 34 |
2019 | 22 |
2018 | 30 |
2017 | 24 |
2016 | 18 |
Stage-wise distribution of Real Estate and Construction Tech sector companies in Japan
Out of the total 287 Real Estate and Construction Tech companies in Japan, 113 have secured funding. Among them, 63 have reached Series A or higher, and 50 to Series B or beyond.
Founded - 287
Funded - 113
Series A+ - 63
Series B+ - 50
Series C+ - 41
Company Stage | No. of companies |
|---|---|
Founded | 287 |
Funded | 113 |
Series A+ | 63 |
Series B+ | 50 |
Series C+ | 41 |
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Funding Trends in the Real Estate and Construction Tech sector in Japan
Total funding year-on-year in the Real Estate and Construction Tech sector in Japan
The Real Estate and Construction Tech sector in Japan saw a total funding of more than $2.09B in the last 10 years. The most amount of funding was in 2017 at more than $453M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $74.3M |
2024 | $64.1M |
2023 | $93M |
2022 | $81.7M |
2021 | $138M |
2020 | $345M |
2019 | $354M |
2018 | $446M |
2017 | $453M |
Recent Funding Rounds in Real Estate and Construction Tech in Japan
In the year 2025, till December 2025, Real Estate and Construction Tech companies in Japan have raised $99.7M in equity funding across 19 rounds.
In the same period last year (i.e. till December 2024), Real Estate and Construction Tech companies in Japan had raised $65.8M across 16 rounds.
So, 2025 has seen a 51.5% rise in funding in Real Estate and Construction Tech companies in Japan as compared to 2024.
Here are some recent, important funding rounds in Real Estate and Construction Tech companies in Japan:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 6453 | Dec 26, 2025 | ||
Series B | 3870 | Dec 03, 2025 | - | |
Seed | 8919 | Nov 14, 2025 | and 1 more | |
Series E | 2487 | Nov 11, 2025 | ||
Series A | 7244 | Sep 25, 2025 |
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Top Investors in Real Estate and Construction Tech in Japan
Plug and Play Tech Center is the top investor in Real Estate and Construction Tech companies in Japan based on number of companies invested.
Here are some top investors in Real Estate and Construction Tech companies in Japan:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | - | |
London (United Kingdom) | - | |
Menlo Park (United States) | ||
Shibuya (Japan) | ||
San Francisco (United States) | - |
M&A activity in Real Estate and Construction Tech sector in Japan
In the year 2023, till February 2023, 1 acquisition happened in Real Estate and Construction Tech sector in Japan.
Here are some recent, important acquisitions in Real Estate and Construction Tech sector in Japan:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Feb 17, 2023 | ||
Business Acquisition | Jan 01, 2021 | ||
Business Acquisition | Apr 09, 2019 | ||
Business Acquisition | Feb 09, 2018 | ||
Business Acquisition | Oct 01, 2014 |
Acquisition trends in Real Estate and Construction Tech sector in Japan
Here are the acquisition trends in Real Estate and Construction Tech sector in Japan:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | - |
2024 | - |
2023 | 1 |
2022 | - |
2021 | 1 |
2020 | - |
2019 | 1 |
2018 | 1 |
2017 | - |
2016 | - |
IPOs in Real Estate and Construction Tech in Japan
In the year 2024, till December 2024, 3 IPOs happened in Real Estate and Construction Tech sector in Japan.
Here are some recent, important IPOs in Real Estate and Construction Tech sector in Japan:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 09, 2024 | Tokyo Stock Exchange (TSE) | |
Jun 21, 2024 | Tokyo Stock Exchange (TSE) | |
Feb 28, 2024 | Tokyo Stock Exchange (TSE) | |
Mar 31, 2023 | New York Stock Exchange (NYSE) | |
Mar 28, 2023 | Tokyo Stock Exchange (TSE) |
Colleges which produce the most Real Estate and Construction Tech companies in Japan
Companies founded by alumni from top colleges in the Real Estate and Construction Tech in Japan
Most number of Real Estate and Construction Tech startups in Japan have been founded by alumni from Harvard Business School and Harvard University.
College | No. of companies |
|---|---|
Harvard Business School | 1 |
Harvard University | 1 |
Top News in Real Estate and Construction Tech in Japan
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Photoruction releases resource management cloud “Photoruction Site”re-how.net•Nov 13, 2024•Photoruction
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SYLA Technologies Announces Its Growth Strategy Centered on Mergers and AcquisitionsGlobeNewswire•Feb 01, 2024•SYLA Technologies
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SYLA Technologies Announces Definitive Agreement for a Business Transfer from ietty Inc.GlobeNewswire•Nov 07, 2023•SYLA Technologies, Ietty
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SYLA Reports First-Half 2023 Financial and Operational ResultsGlobeNewswire•Oct 17, 2023•SYLA Technologies
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BPaaS Photoruction for the construction industry raises 1.7 billion yen, bringing the cumulative procurement amount to 3.8 billion yen—Collaboration with Fukui Computer, a major construction ICT companyTHE BRIDGE•Jul 19, 2023•Photoruction, FUKUICOMPU, Sumitomo Mitsui Banking Corporation, DBJ Capital
