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Colliers picks 10 startups for 1st global proptech accelerator program

Colliers International Group Inc. disclosed the 10 startups that will be part of its first global Techstars Accelerator program in 2018.

The startups in the program's class of 2018 are New York-based A Retail Space, which uses data to help businesses discover retail spaces; Berlin-based Basking, a return-on-investment-driven building automation platform for the flexible office space market; Hong Kong-based Booqed, a digital marketplace for flexible space; Toronto-based Lane, which provides a cloud-based platform for streamlining building operations; Toronto-based MapYourProperty, an online platform for real estate land development; Mumbai-based real estate data and analytics company Propstack; Sweden-based Raybased, an open wireless network for commercial real estate; Dallas-based RefineRE, which employs real-time market data to provide commercial real estate portfolio intelligence; London-based SPCE, which partners with Experian and top universities to allow the higher education community to search and pay for campus-specific, student-rental properties; and Denver-based coworking space platform Upsuite.

The Colliers Proptech Accelerator powered by Techstars program will run for 13 weeks through Dec. 4. The startups will be housed in the Techstars Accelerator space in Toronto and will gain access to more than 100 Colliers and industry mentors.

The startups will focus on fine-tuning their business plans, gaining market traction, expediting their fundraising strategies, and developing their presentations to investors and mentors for the Dec. 4 Demo Day.