Top female in PropTech joins VC to help accelerate global growth

PropTech venture capital firm MetaProp is excited to announce the addition of industry leader Maureen Waters as Partner. Waters joins the firm after spending the past three-and-a-half years as president of the real estate tech firm Ten-X, as well as senior executive roles at Bill Gates Investments and Cushman & Wakefield. With 20+ years of commercial real estate experience, Waters’ unique skill set spans building and scaling successful real estate and tech teams and organizations: from inception to unicorn with extensive experience transforming businesses.

According to All Raise, “Female representation in venture overall remains staggeringly low — 65% of U.S. VC firms still do not have any female partners...In 2019, 32% of the new female partners were the first female partners ever at their firms.” Waters is proud to join MetaProp as one of the top female partners in the PropTech space.

By bringing a full complement of real estate and tech expertise as well as relationships, Waters will deepen MetaProp’s PropTech presence and expertise while extending their reach and in-house capabilities with strategic partners globally. She will also strengthen existing community programs including the MetaProp Accelerator at Columbia University.

“Our firm is the connective tissue between the real estate industry and tomorrow’s innovations,” said MetaProp Co-Founder and Managing Partner Aaron Block. “Maureen Waters’ vast experience on the frontlines of both technology and real estate will only strengthen the multitude of ways in which we support our growing ecosystem of startups and investors.”

Prior to MetaProp, Waters led the strategic transformation of the private equity-backed Ten-X business. In this role, she expanded beyond the traditional ways of transacting real estate including digitizing the operating model and launching non-auction products and services. Waters previously served as Chief Commercial and Chief Marketing & Strategy Officer at Ten-X.

Prior to joining Ten-X, Waters was head of real estate and asset management at Bill Gates Investments. She also spent 15 years at Cushman & Wakefield, where she served as Chief Strategy Officer, Chief Marketing Officer, Head of Business Development and broker.

Before acquiring her MBA from Fordham University, Waters also co-founded a real estate consulting business that was acquired by CBRE.

“I’ve spent the past decade passionately embracing innovation and technology working on the transformation of the commercial real estate industry. From workflow automation to strategic partnerships that could scale processes and businesses, I believe we are at a tipping point,” said Waters. “Joining the MetaProp team gives me the opportunity to fulfill my passion and play a strategic role in the global expansion of MetaProp. Metaprop values data and relationships and that perfectly captures how I see the world in the future. It couldn’t be a better fit," said Waters.

About MetaProp

MetaProp is a New York-based venture capital firm focused on the real estate technology (“PropTech”) industry. Founded in 2015, MetaProp’s investment team has invested in 120+ technology companies across the real estate value chain. The firm manages multiple funds for both financial and strategic real estate investors that represent a pilot- and test-ready sandbox of 15+ billion square feet across every real estate asset type and global market. The firm’s investment activities are complemented by pioneering community leadership including the PropTech Placeinnovation hub, MetaProp Accelerator at Columbia Universityprograms, global events NYC Real Estate Tech Weekand MIPIM PropTech NYC, and publications Global PropTech Confidence Indexand PropTech 101.