Loft
Cauldrons, Bolts and sour markets: Welcome to Halloween in July
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. It doesn’t feel like a short week, does it? Alex, Natash
Brazilian proptech startup Loft, which was valued at $2.9B last year, lays off 380 employees
Loft, a Brazilian proptech unicorn, has laid off about 380 employees, or 12% of its workforce, the company announced today. The layoff marks the company’s second round of cuts this year so far. In A
Brazil’s Loft adds $100M to its accounts, $700M to its valuation in a single month
Nearly exactly one month ago, digital real estate platform Loft announced it had closed on $425 million in Series D funding led by New York-based D1 Capital Partners. The round included participation
Real estate platform Loft raises $425M at a $2.2B valuation in one of Brazil’s largest venture rounds
Buying and selling residential real estate is a complex business, no matter where you live. A slew of startups in the United States are focused on streamlining that process for people. But in Brazil,
How two-year-old Loft nabbed $175M led by Andreessen Horowitz
Loft may have better product market fit in Brazil than Opendoor does in the U.S. And now the São Paulo-based property tech company has growth funding to prove it. Andreessen Horowitz is doubling down