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How MetaProp Established the Largest NYC's Proptech Accelerator

By Fifth Wall
September 11, 2024
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During New York City's tech startup boom in the early 2010s, particularly in fintech, adtech, and edtech, Zach Aarons recognized a lack in the foundational support for proptech growth. Around the same time, he met Aaron Block, who was passionate about the convergence of real estate and technology. Together, they launched the MetaProp Accelerator program in 2014. To this day, the program fosters a network of seasoned mentors to help refine entrepreneurs' pitches so that they can effectively market their products to various entities across the real estate industry.

Zach Aarons is a Co-Founder and General Partner at MetaProp, a New York-based venture capital firm specializing in real estate technology, or "PropTech." Established in 2015, MetaProp’s investment team has backed over 125 technology companies across the real estate sector. The firm manages multiple funds for both financial and strategic real estate investors, encompassing a diverse portfolio of 15+ billion square feet across various asset types and global markets.

The information included herein is provided for illustrative purposes only to reflect Fifth Wall's beliefs regarding its competitive advantages. Although Fifth Wall considers such beliefs reasonable they are based on criteria that are inherently subjective and rely on assumptions that may ultimately prove incorrect. Nothing herein should be construed to imply that any of the companies herein will be profitable or successful in executing on their business strategy or that any current or future Fifth Wall managed investment vehicle will be profitable or successful in executing on its investment strategy. Statements and opinions herein are not necessarily those of Fifth Wall and Fifth Wall makes no representation or assurance that forward looking statements, forecasts or projections will be achieved. Recipients of this information should not treat it as business, investment, tax, accounting, legal or any other advice, and it should not be relied on as such. Limited partners and/or portfolio companies featured herein have not been compensated for providing their statements. The portfolio companies included herein represent merely a subset of all current portfolio investments managed by Fifth Wall and do not purport to be a complete list thereof. A complete list of investments is available upon request. Third party names and logos used herein should not be construed: (i) as a recommendation of any investment or security, (ii) as an endorsement of any product or service or (iii) to imply any affiliation between Fifth Wall and such third party. Nothing herein constitutes an offer to sell or solicitation of an offer to buy investment interests in any Fifth Wall managed vehicle.

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The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

The rich text element allows you to create and format headings, paragraphs,

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

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