This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
evolve into a one-stop realestate 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 realestate mortgage broker. Last year, it also expanded into connecting home buyers to sellers.
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.
Sumutasu , a Tokyo-based proptech startup that offers a direct online realestate 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 realestate. million in equity and $1.6 million in debt.
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. in convertible notes.
Fundrise , a company that allows anyone to invest in realestate 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
Over $500 million worth of realestate was sold on the top four metaverse platforms in 2021, data shows. Traditional realestate companies are amongst the many investors flocking to stake their claim on plots of land in virtual worlds like Decentraland and Sandbox.
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.”.
Side , a realestate technology 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. The company plans to enter 15 new states by year’s end.
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.
In a press release , c o-founder and chairman Amit Haller said “the challenging realestate and financial market conditions and unfavorable capital-raising environment” led to the decision to wind down operations. Their goal was to make “the realestate buying and selling process more transparent, honest and professional.”.
As teammates at buy now, pay later fintech Affirm, Stella Han and Carlos Treviño bonded over their shared background of growing up in realestate families. Fractional , a San Francisco-based startup, wants to make realestate ownership more accessible. Community is the new AI. Or another refuses to upgrade the kitchen?
Founded by an expert on geography and globalization, Climate Alpha’s AI-based platform helps realestate owners and investors analyze the impact of climate change on their portfolios.
Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the realestate industry. Layoffs in the sector began — and they took place in a range of realestate tech companies, big and small. Low interest rates mean more purchases and refinances.
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 realestate market isn’t a unique idea. It’s a playbook that they never change.
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.
It has a robotic camera, combined with a subscription service, which enables realestate agents and brokers to generate high-resolution photos of properties, floor plans and virtual tours. As demand for realestate VR booms, Founders Fund leads $16M round into Giraffe360 platform by Mike Butcher originally published on TechCrunch.
But this doesn’t mean AI can do everything, cautions Rudy Wolfs, CTO at Anywhere RealEstate. AI to enable better listings According to Wolfs, Anywhere RealEstate’s Listing Concierge offering gives agents a highly intuitive toolset to promote listings.
commercial banks being overexposed to commercial realestate (CRE) have intensified as the global pandemic upended long-held economic assumptions of perpetually subdued inflation, low interest rates, and in-office work. The risks of U.S.
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. The NFT created by Propy will, it says, transfer real ownership of the property.
residential realestate industry is in a much different place compared to a few years ago. These market shifts mean more bad news for realestate unicorn startups funded during the boom cycle a few years ago. Startup investors have also cut back on new realestate-related financings. So far this year, U.S.
Who would’ve thought that an entire swath of startups would spring up all because Instagram, TikTok and Twitter only let you link to one website in your bio? Apparently, Linktree co-founder and CEO Alex Zaccaria did. “There was nothing else like [Linktree] that existed.
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.
realestate-related startups. Notably, these are all themes that play into the current realestate 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.
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.
Last Tuesday, Fidelity National Financial, or FNF, a realestate services company that bills itself as the “leading provider of title insurance and escrow services, and North America’s largest title insurance company,” announced that it had experienced a cyberattack.
It’s safe to say that millions of Americans dream of becoming realestate investors but can’t or don’t due to a variety of challenges, including lack of accreditation, capital and time. CEO Yishai Cohen and CTO Amit Assaraf started Landa in 2020 in an effort to make realestate ownership more inclusive. residents. .
The concept of fractional ownership in realestate is not new, and in recent years we’ve seen a flurry of startups focused on the space. In the past 14 months alone, for example, TechCrunch has reported on Fractional and Fintor , which are also focused on residential realestate. And so Arrived was born.
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.
Keyless locks = Peloton for realestate. The SPAC is associated with Tishman Speyer, a commercial realestate investor. You can see the synergies, as Latch’s products fit into the commercial realestate space. Are they more like the Bakkt SPAC , which led us to raise a few questions?
Fidelity National Financial, or FNF, one of the largest realestate services companies in the United States, said it “contained” a recent cyberattack that engulfed its many subsidiaries and customers in a state of chaos for more than a week. In a filing with the U.S.
Most realestate agents charge a commission — in many cases up to 6% of the sale price of a home — for listing and selling a house on behalf of a homeowner. Enter HomeLister , a digital brokerage and realestate site that gives homeowners a way to list and sell their properties online, with support.
So she partnered with realestate investment groups and property management companies to build an app for residents of apartments and those communities who might be feeling isolated and disconnected from their neighbors. Leading VCs discuss how COVID-19 is impacting realestate & proptech.
The traditional role of the realestate agent has long been challenged as the internet has made it easier for people to search for, and tour, homes. Historically, agents have received 6% commission on home sales — a practice that is increasingly being called into question.
The company works with parking realestate 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 realestate owner. That’s where AirGarage comes in.
In the long term, the proptech plans to use the data it collects to offer realestate advisory services, forge funding partnerships and provide insights into the trends and other market factors. That would kind of complete the suite of what we do — by offering core realestate products,” said El-Beltagy.
We don’t need to look online for realestate anymore,’” explained Perelman. Both Perelman and his co-founder Nathan Shinder previously worked at PeerStreet, a realestate tech company based in Los Angeles. If Playhouse facilitates a sale, the app gets a cut of the transaction. What are the neighbors doing?”.
Deng asserts that many companies are flying blind when it comes to realestate. “The pandemic brought home the need to understand occupancy and utilization data for realestate executives,” Deng told TechCrunch in an email interview. ” To date, Burlingame-based Butlr has raised $29.1
The letting agreement is handled via the startup’s app and platform that plugs into rental marketplaces and realestate CRMs on the backend to provide a fully digital experience. So, for example, if a tenant causes damage or ends up in debt, the property owner is covered. It can be paid by the tenant or by the landlord.
While technological progress has been on an encouraging trajectory in energy and in transportation thus far, we are nowhere near done, especially in realestate and critical infrastructure. Specifically, just deploying the existing technologies in the built environment/realestate will not be sufficient.
The company was co-founded by CEO Shiv Gettu, a former realestate consultant, and president Kendrick Bradley, a former Boeing and SpaceX engineer who left his job in 2018 to work at a property management company. Today, the company, which adds artificial intelligence to sales engagement, exited its beta phase with $6.7
Sam Bankman-Fried and other FTX executives spent $8 billion worth of customer funds on realestate, venture capital investments, campaign donations, endorsement deals and even a sports stadium, according to testimony from former senior FTX executive Nishad Singh.
“Generally, sale-leasebacks on the long tail of commercial realestate take 13 months to close, with 10-15% of the transactions go towards fees. The company said the majority of realestate investment trusts (REITS) focus on deals above $10 million, but properties valued at less than that price account for one-third of the U.S.
We organize all of the trending information in your field so you don't have to. Join 49,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content