About This Fund
MetaProp Ventures IV is a Delaware-registered PropTech-focused seed-stage venture capital fund established in 2023 by MetaProp, one of the world's leading venture capital firms dedicated exclusively to real estate technology. MetaProp was founded in 2015 by Aaron Block, Zachary Aarons, and Zak Schwarzman in New York City, building a portfolio across the entire real estate value chain from commercial leasing software and construction technology to carbon accounting platforms and smart building automation.
Fund IV targets early-stage companies at the Seed and pre-Series A stages, with a maximum fund size of $150 million and approximately $59 million raised as of February 2025 via SEC Form D. The fund focuses primarily on the United States and is expanding into Japan and the Asia Pacific region, driven in part by the participation of leading Japanese real estate and industrial corporations among its limited partners. Confirmed institutional investors include Mitsui Fudosan, CBRE, Cushman and Wakefield, JLL, PGIM, Azbil Corporation, Daibiru Corporation, Development Bank of Japan, Sumitomo Mitsui Trust Bank, Bridge Investment Group, Ivanhoe Cambridge, and Swire Properties.
Portfolio companies across the MetaProp platform include Toggle Holdings, Yamori (Japan affordable housing platform), Asuene (carbon accounting SaaS), and H2Corporation (AI-driven construction technology). The fund continues to deploy capital with its most recent investment recorded in December 2025.