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realestate-related startups. Notably, these are all themes that play into the current realestatemarket climate, characterized by higher lending costs, lower affordability and fewer homeowners opting to sell and move. Earlier this week, we wrote about the sharp decline in venture funding to U.S. has around 43.5
Concreit , a company that wants to open realestate 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 realestate portfolio and the ability to have access to withdrawals when they need them.”.
Flat.mx, which wants to build a realestate “super app” for Latin America, has closed on a $20 million Series A round of funding. That September, the proptech startup had raised one of Mexico’s largest pre-seed rounds to take the Opendoor realestate marketplace model across the Rio Grande. Previously, Flat.mx
Propseller , a Singapore-based realestate agency that combines a tech platform with in-house agents to close transactions more quickly, announced today it has raised $1.2 Another Singaporean realestate-focused startup that recently raised funding is PropertyGuru. million in seed funding. ”
Side , a realestatetechnology company that works to turn agents and independent brokerages into boutique brands and businesses, has raised “$50 million-plus” in a funding round that doubles its valuation to $2 billion. With the latest capital infusion, Side’s total raised since its 2017 inception now totals over $250 million.
South African startup Flow wants to change how realestate agencies, developers and agents interact with their end customers. With its APIs, Flow connects to the websites of estate agencies and property developers and automates advertising for them on social media channels like Instagram and Facebook.
Investing in private markets has long been reserved for the ultra-rich. Ben Miller founded Fundrise in 2012 to give retail investors access to the private realestatemarket, and the company has since become one of the top 20 investors by size in that space, Miller, who serves as CEO, told TechCrunch in an interview.
Side , a realestatetechnology company that works to turn agents and independent brokerages into boutique brands and businesses, announced Monday that it has raised $150 million in Series D funding. 9 top realestate and proptech investors: Cities and offices still have a future.
Commercial realestate tenants and property managers have to abide by strict liability rules that any vendor entering the property must have insurance certificates and meet other requirements. Its technology can process an insurance certificate in less than an hour and reduce the overall vendor approval time to 2.5 Enter Jones.
Eight out of 10 said they would like to invest in realestate but were deterred by all the barriers to entry. There is clearly a large demand for access to realestate,” Yousefi said. million in seed money to continue building out its fractional realestate investing platform. And now Fintor has raised $2.5
Commercial realestate has been slow to embrace technology ; though it has an addressable financing market of more than $40 billion, putting together a deal is still mostly manual, paper-heavy and complicated. We want to be the platform on which capital market transactions are processed.
Groundfloor , the first realestate crowdfunding platform to gain regulatory approval, announced today that it raised its first round of institutional capital since 2015. Groundfloor’s platform offers investments in realestate debt to its 150,000+ users, with a minimum investment of $10.
Co-founder and CEO Hannah Bomze got her realestate license at the age of 18 and worked at Compass and Douglas Elliman RealEstate before launching Casa Blanca last year. The New York-based startup recently launched in the Colorado market and has seen some impressive traction in a short amount of time. .
residential realestatemarket has been booming because of the pandemic. Although the rise in home prices has shut many people out of the market, it’s been highly lucrative for those who own property. As a result, accessing capital can be a major hurdle for realestate investors, according to McKinney.
Buying and selling residential realestate is a complex business, no matter where you live. But in Brazil, where no MLS exists, the challenge of digitizing realestate is even greater. realestate tech company with the closest model to Loft’s is probably Zillow, according to Pencz.
As we all know, the housing market goes through cycles. Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the realestate industry. At the same time, as the venture market slowed dramatically and suddenly, raising capital was much harder. Fintech for good?
The public data that we acquire, the data we ingest from users, and the data that we build ourselves has allowed us to build the most robust and unique actionable realestate data set in the U.S.,” In general, Richards believes that residential realestate is one of the biggest spend categories in the U.S.
Veev, a realestate developer turned tech-enabled homebuilder, announced today that it has raised $400 million a Series D round that propels the company to “unicorn status.” Interestingly, Veev Group started its life as a traditional realestate developer and asset manager.
The stealthy startup is trying to reinvent realestate (again), but instead of commercial properties, which WeWork focused on, Neumann is looking into revolutionizing rental properties. As far as visions go, renovating the rental realestatemarket isn’t a unique idea. It’s a playbook that they never change.
Headquartered in Singapore, proptech startup Propseller is on a mission to make realestate transactions more efficient and data-driven for sellers and buyers alike. Founded in 2018, Propseller will use its Series A to scale its business model, expand its offerings and enter overseas markets. Propseller’s team.
Mudafy , a tech-enabled realestate broker operating in Latin America, has raised $10 million in a Series A round of funding led by San Francisco-based Founders Fund. It claims that it is doing more than 100 realestate transactions per month and is currently originating over 50% of the mortgage loans for its customers. .
The COVID-19 pandemic has created all sorts of realestate issues for companies as it forced so many employees to work from home, leaving empty space all over the globe. And while there is no shortage of technology out there for landlords, there are fewer options for commercial realestate tenants and brokers.
million seed round boosts Butlr Technologies ’ ability to apply its real-time people-sensing technology beyond commercial realestate and retail uses to monitor falls and other movements for active seniors who are aging in place. Butlr Technologies’ simulation of movement and detection.
But this doesn’t mean AI can do everything, cautions Rudy Wolfs, CTO at Anywhere RealEstate. While no one can deny the potential and promise of AI, we must be aware of the immaturity of this technology today,” he says. “I The goal is to make the realestate experience seamless for buyers, sellers, and agents. “We
We previously wrote about Propy using blockchain technology to smooth real-world realestate sales by introducing the concept of smart contracts. Now the company is pushing the boundaries again, by auctioning a real apartment as an NFT. Propy was the first blockchain startup to make that work.
Last year we covered how early blockchain startup Propy planned to use the technology to smooth real-world realestate sales by introducing the concept of smart contracts. Propy’s plan is to scale this offering globally, providing a single framework for purchasing realestate using blockchain technology.
aren’t finished taking big swings at the commercial realestate business in the U.S. Even after the collapse of WeWork, the investors are doubling down on a similar business model as part of a syndicate investing $700 million into REEF Technology. It seems like SoftBank and the Mubadala Corp. on potential partnerships).
Orbital Reef is claiming its slice of LEO realestate. The trend of space companies heading to the public markets via SPAC mergers is not over yet. Email me at aria.techcrunch@gmail.com or find me on Twitter at @breadfrom. Don’t forget to sign up to get the free newsletter version of Max Q delivered to your inbox.
With technology rapidly shaping business outcomes, and the tech infrastructure supporting every aspect of business, CIOs much deservedly now occupy a seat at the table. For example, in the online job market, optimizing search algorithms and AI-driven candidate-job matching directly impacts user engagement and revenue.
As China looks to reignite growth, what role will its technology industry play? The Exchange explores startups, markets and money. The country’s highly leveraged realestatemarket has taken blows thanks to changing regulations and a history of debt-fueled expansion, the price of which eventually came due.
HomeLight , which operates a realestatetechnology platform, announced today that it has secured $100 million in a Series D round of funding and $263 million in debt financing. Over the years, like many other realestate tech platforms, HomeLight has evolved its model. ” Image Credits: HomeLight.
That’s where Puls Technologies come in. Puls Technologies app. Image Credits: Puls Technologies. Meanwhile, Lior Prosor, general partner and co-founder of Hanaco Venture Capital, said via email that Puls was going after a home repair and maintenance services market in the U.S.
Kunal Lunawat Contributor Share on Twitter Kunal Lunawat is co-founder and managing partner of Agya Ventures , a venture capital firm focused on realestate tech, blockchain, AI and sustainability. We believe this represents a significant opportunity for realestate tech entrepreneurs.
By drawing on multiplayer gaming culture, the startups are using spatial technology, animations and productivity tools to create a metaverse dedicated to work. Succulents and spatial technology. The key technology that Branch and others are using to create spontaneity is spatial gaming infrastructure. So far, it has raised $1.5
While technology trends come and go, the SaaS industry has been a core buyer priority and industry growth engine for 25+ years. But with recent financial market turbulence, the rise of AI, and buyer consolidation impacting todays market, some have started asking: Is SaaS dead? Stay agile : The SaaS landscape is evolving rapidly.
In an emailed statement, Loft — which says it uses technology to simplify and enable realestate and credit transactions — described the move as “a reorganization of its operation.” That would mean that Loft has let go of nearly 540 workers this year so far. It currently has about 3,200 employees.
Existing backers Jungle Ventures and Xplorer Capital led the financing, which also included participation from JLL Spark, the strategic investment arm of commercial realestate brokerage JLL. . Besides aiming to improve the workplace design process, Saltmine claims to be able to help companies “optimize their realestate portfolios.”.
housing market. Existing financial services and property technology companies treat the symptom and not the cause of market inefficiencies, said Herman. They since relocated to Austin because of its booming housing market and relatively more relaxed regulatory environment.
Nawy is now set to introduce in its catalog a mortgage service for pre-owned property, to serve a market that is predominantly shunned by traditional lenders. If you go into the resale market, it’s primarily cash. That would kind of complete the suite of what we do — by offering core realestate products,” said El-Beltagy.
“We pioneered the realestate transaction revolution over five years ago and our priority is to build a war chest to dramatically widen the already cavernous gap between us and any unoriginal knock-offs.” We’re able to lend some money before an owner’s [old] house is even listed on the market.” . billion in 2014.
Compass , the real-estate brokerage startup backed by roughly $1.6 The company’s last fundraise was in July 2019, when Compass — a company that has built a three-sided marketplace for the realestate industry, along with a wide set of algorithms to help make it work — raised a $370 million round of funding. 31, 2020.
Property technology startup Nomad Homes is working to change that by creating a personalized realestate buying experience in Europe, the Middle East and Africa, a region that represents $20 trillion in realestate, company CEO Helen Chen told TechCrunch. “We We are like Stitch Fix for realestate,” she added. “We
“I imagine that we will have early markets in each of the three regions,” he said. “Our initial launch market will be in North America just for proximity to the nexus of where most of our team is currently. ” Joby Aviation takes flight into the public markets via a SPAC merger.
What the company’s software aims to do is keep customers on restaurant’s own online realestate by incorporating third party reviews, images, recommendations, and better descriptions into the webpages that it hosts for the culinary creators that use its service. Image Credit: Popmenu. ”
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