As the work-from-home trend continues, many landlords are reimagining how buildings will be used in the future. And a growing class of startups catering to flexible work needs have emerged.

Lessen has raised $170 million in a Series B led by Fifth Wall to become the latest unicorn in the real estate tech sector, as the emerging space continues on a record year for venture capital funding.

As pandemic-related shutdowns are phasing out, the commercial and residential real estate tech segments are seeing renewed interest from venture capitalists.

On this week’s episode, PitchBook analysts break down how VC activity has fueled innovation within emerging technologies, and what that means for the future.

Thrive Capital, Founders Fund, Khosla Ventures and the other venture capital investors betting on real estate.