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Real Estate Startups Aren’t Seeing Much Love

Crunchbase News

residential real estate industry is in a much different place compared to a few years ago. These market shifts mean more bad news for real estate unicorn startups funded during the boom cycle a few years ago. Startup investors have also cut back on new real estate-related financings. So far this year, U.S.

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Real Estate Startup Investors Are Still Bullish About These 4 Themes

Crunchbase News

real estate-related startups. Notably, these are all themes that play into the current real estate market 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.

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São Paulo’s QuintoAndar real estate platform raises $120M, now valued at $5.1B

TechCrunch

evolve into a one-stop real estate shop that also offers mortgage, title insurance and escrow services. To that end, e arlier this month, the startup acquired Atta Franchising, a 7-year-old São Paulo-based independent real estate mortgage broker. Last year, it also expanded into connecting home buyers to sellers.

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Yieldstreet to acquire real estate investment platform Cadre

TechCrunch

Alternative investment platform Yieldstreet announced today that it has agreed to acquire Cadre, an online real-estate-focused investment platform aimed at institutional and high net worth investors. Financial terms of the deal were not disclosed.

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Sumutasu secures $10M to digitize Japan’s real estate market

TechCrunch

Sumutasu , a Tokyo-based proptech startup that offers a direct online real estate purchase service, has secured $8.2 Takahiro Sumi (CEO) and Tomoya Ito (COO) co-founded Sumutasu four years ago to streamline the buying and selling of residential real estate. million in equity and $1.6 million in debt.

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Groundfloor steps up its real estate debt crowdfunding platform with fresh capital

TechCrunch

Groundfloor , the first real estate 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 real estate debt to its 150,000+ users, with a minimum investment of $10. in convertible notes.

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Real estate investing giant Fundrise breaks into venture capital

TechCrunch

Fundrise , a company that allows anyone to invest in real estate with a minimum investment of just $10, is making a splashy entry into the venture capital market with the goal of raising a new $1 billion growth equity fund to invest in late-stage tech startups, it announced today. Fundrise manages over $2.8 Fundrise manages over $2.8