Due Diligence Checklists › PropTech › Pre-Seed
PropTech Startup Investment Checklist: Pre-Seed Stage (2026)
This checklist covers 20 due diligence items for PropTech startups at the Pre-Seed stage. Each item has been validated against institutional investor practice. DDR automates the majority of these checks from a single pitch deck PDF upload.
20 checklist items · 2 red flags automatically detected · See a sample DDR report
Pre-Seed Requirements
✓
Founding team quality and relevant domain expertise
✓
Problem evidence: clear pain, ideally lived experience
✓
Market size: TAM must justify a venture-scale outcome
✓
Early signal of demand: waitlist, LOIs, or first customers
✓
Founder-market fit: why this team for this problem
✓
Proprietary insight competitors don't have
PropTech Sector
✓
Brokerage licenses verified in all operating states
✓
Interest rate sensitivity analysis documented
✓
Data licensing agreements for MLS and public records reviewed
✓
Fair housing compliance policy reviewed
Deep Dive
✓
Real estate brokerage licensing in operating states
✓
Interest rate sensitivity analysis on revenue model
✓
Real estate data licensing agreements
✓
MLS access agreements and compliance
Regulatory
✓
Verify: State real estate brokerage licensing across 50 states
✓
Verify: Fair housing laws: algorithmic pricing and tenant screening discrimination risk
✓
Verify: MLS (Multiple Listing Service) access rules and arbitration
OSINT Signals
✓
Check: State real estate commission license lookup
✓
Check: MLS membership status
✓
Check: Google Reviews for property management products
DDR AUTOMATES THIS CHECKLIST
Upload a PropTech startup pitch deck and DDR automatically completes 14+ of these 20 checklist items — sourcing data from 13 OSINT signals, benchmarking against 2 comparable companies, and detecting all 2 critical red flags.
GET YOUR FREE SCAN →