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Concreit closes on $6M to allow more people to invest in the global private real estate market

TechCrunch

Concreit , a company that wants to open real estate investing to a broader group of people, announced today that it has closed $6 million in a seed funding round led by Matrix Partners. . Concreit gives everyone access to a real estate portfolio and the ability to have access to withdrawals when they need them.”.

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Burn, baby, burn. Real estate-focused fintech startups feel the heat

TechCrunch

Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the real estate industry. Layoffs in the sector began — and they took place in a range of real estate tech companies, big and small. Low interest rates mean more purchases and refinances.

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Kapacity.io is using AI to drive energy and emissions savings for real estate

TechCrunch

is on a mission to accelerate the decarbonization of buildings by using AI-generated efficiency savings to encourage electrification of commercial real estate — wooing buildings away from reliance on fossil fuels to power their heating and cooling needs. Y Combinator-backed Kapacity.io And Rauhala names the U.K.

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Real estate marketing software provider Luxury Presence raises $25.9M in a Bessemer-led Series B

TechCrunch

Luxury Presence, a startup selling marketing software to real estate brokerages, announced today it has raised $25.9 The company serves 3,700 customers, including individual and multi-agent real estate teams. Surging demand for second homes has also catalyzed the luxury real estate segment in the past year.

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As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform

TechCrunch

It has a robotic camera, combined with a subscription service, which enables real estate agents and brokers to generate high-resolution photos of properties, floor plans and virtual tours. The subscription gains the owner access to the camera, AI-based image processing software and cloud storage, and other services.

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Real estate CIOs drive deals with data

CIO

The residential real estate industry may not be perceived to be as digitally aggressive as Wall Street titans and multinational manufacturing conglomerates. As for Keller Williams, Chief Technology and Digital Officer Chris Cox sees the cloud as an engine for innovation.

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TechCrunch+ roundup: Generative AI for proptech, cloud vendor shopping, cybersecurity fairy tales

TechCrunch

The hype so far has largely centered on chatbots and avatars, but “ AI’s emergence will cut through material use cases in real estate tech ,” says Kunal Lunawat, co-founder and managing partner of Agya Ventures. In the meantime, someone needs to make fundamental decisions regarding cloud infrastructure and strategy.