proptech

HomeLister wants to make selling your home more of a DIY affair, and cheaper

Most real estate 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. For a home that sells for about

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

Aiming to compete with Bilt in the nascent property renter rewards market, Stake, a startup that provides cash back and banking services to renters, today announced that it raised $12 million in a Ser

Sequoia Capital India and Founders Fund back UAE-based proptech startup Huspy in its $37M round

Founders Fund has made its first investment in the Middle East by backing UAE-based proptech startup Huspy. The $37 million Series A round, one of the largest at this stage in MENA, was led by Sequoia

Amid real estate tech industry layoffs, HomeLight raises $60M and acquires lending startup Accept.inc

Just days after publicly traded real estate tech companies Redfin and Compass laid off a combined 900-plus employees, another proptech — HomeLight — is announcing that it has secured $60 m

Redfin and Compass lay off a combined 900+ employees as mortgage interest rates continue to climb

The housing market has taken a huge hit this year as mortgage interest rates have surged and homeowners scale back on purchases. The latest casualties in the proptech world are Redfin and Compass, whi

Summer launches to let you ‘try before you buy’ a second home

As many millennials struggle to come up with the cash to buy their first home, plenty of other folks are looking to buy their second. Summer is squarely aimed at the latter group. Even for those afflu

Roofstock founder closes on $90M fund to back early-stage proptech startups

Early-stage proptech startups have a potential new source of capital in 1Sharpe Ventures, which recently closed its $90 million inaugural fund. Roofstock co-founder and chairman Gregor Watson and real

Viola Credit closes $700M fund to provide asset-based lending to fintech startups

Fintech startup and alternative credit asset manager Viola Credit has closed its latest $700 million fund, which provides asset-based lending capital to fintech, proptech and insurtech startups. If t

Latch, a proptech meets SaaS play, conducts two consecutive weeks of layoffs

Latch, a proptech smart lock company that raised $152 million in known private capital before debuting on the stock market through a SPAC last year, is conducting another round of layoffs. Earlier thi

Belong secures $80M to take the pain out of rental property management

Historically, the relationship between landlords and tenants can be a contentious one. At the same time, the experiences of managing a property, and renting one, are not always smooth. Belong, a start

Forerunner, Bezos back Arrived, a startup that lets you buy into single-family rentals for ‘as little as $100’

Arrived has raised $25 million in a Series A funding round led by Forerunner Ventures to give people the ability to buy shares in single-family rentals with “as little as $100.” Returning backers

Colombian proptech Habi reaches unicorn status with $200M raise co-led by SoftBank and Homebrew

Habi, a Bogota-based proptech, has closed on $200 million in a Series C funding round co-led by Homebrew and SoftBank Latin America Fund. The startup did not reveal its exact valuation, saying only it

Formwork Labs aims to build ‘the YC of construction tech’

Construction tech is one of those sectors that has not historically been considered “sexy” in a startup world that often favors glitzier technology. But construction fuels the commercial and real

The half-billion-dollar profit swing that led to Better.com’s myriad layoffs

An S-4 filing from Aurora Acquisition Corp., the SPAC that digital mortgage provider Better.com intended to merge with, provides stark details about the latter company’s financial performance. The f

Point closes on $115M to give homeowners a way to cash out on equity in their homes

Historically, homeowners could only tap into the equity of their homes by taking out a home equity loan or refinancing. But a new category of startups have emerged in recent years to give homeowners m

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

Sumutasu, a Tokyo-based proptech startup that offers a direct online real estate purchase service, has secured $8.2 million in equity and $1.6 million in debt. The company has raised a total of $16 mi

Opendoor alums raise $7.75M for Kindred, a home-swapping network it says makes travel ‘dramatically more affordable’

With more people working from home than ever, the desire to take advantage of that newfound flexibility to travel has been greater than ever. But just because you have the ability to travel and work f

Meta M&A exec leaves role to join real estate startup Pacaso as COO

Lara Cumberland is leaving her role as head of M&A Integration at Meta (formerly Facebook) to join proptech unicorn Pacaso as its chief operating officer (COO). Cumberland first joined Meta in Feb

Vontive wants to be the Palantir of real estate investing

The U.S. residential real estate market 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 wh

Cottage raises $15M to make it easier for homeowners to build custom ADUs

An easing of laws around the construction of accessory dwelling units (ADUs) around the U.S. has opened up opportunities for companies that build such structures. Cottage is one such company. The San
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