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Real estate tech startup Reali to shut down after raising $100M one year ago

TechCrunch

In a press release , c o-founder and chairman Amit Haller said “the challenging real estate and financial market conditions and unfavorable capital-raising environment” led to the decision to wind down operations. Their goal was to make “the real estate buying and selling process more transparent, honest and professional.”.

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Singapore-based Climate Alpha analyzes the impact of climate change on real estate

TechCrunch

Founded by an expert on geography and globalization, Climate Alpha’s AI-based platform helps real estate owners and investors analyze the impact of climate change on their portfolios.

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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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Taking on Bilt, Stake aims to expand its cash-back rewards program for renters

TechCrunch

The pandemic has changed real estate forever,” Hobbs told TechCrunch in an email interview. Through Post + Beam, Hobbs consulted with banks and brands to create customer loyalty programs, and it’s through this work that he says he had the inspiration for Stake. Image Credits: Stake. ”

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AirGarage, a full-stack parking operator, raises $12.5M in round led by a16z

TechCrunch

The company works with parking real estate owners and offers a full-stack software and management service for their lot or garage. The way much of the parking industry works is by parking garage operators or managers leasing the space from the actual real estate owner. That’s where AirGarage comes in.

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Bilt Rewards banks $60M growth on a $350M valuation to advance credit card benefits for renters

TechCrunch

Bilt Rewards , a loyalty program for property renters to earn points on rent with no fees and build a path toward homeownership, announced Tuesday a round of $60 million in growth funding that values the company at $350 million. Since then, the program was rolled out across over 2 million rental units, Jain told TechCrunch. “We

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Korean proptech startup Dongnae gets $4.1M seed extension led by NFX

TechCrunch

The real estate market in South Korea is very fragmented, which means people often have to work with dozens of brokers before they find a new home. Pete Flint and [principal] Brittany Yoon at NFX bring an amazing combination of real estate expertise and Korean startup experience that will be invaluable to Dongnae.”.