proptech

Adam Neumann is trying to buy back WeWork

Adam Neumann, who co-founded flexible workspace provider WeWork in 2010 and notoriously stepped down nine years later, is attempting to buy the company out of bankruptcy, according to multiple reports

PadSplit, a marketplace for affordable shared housing, surpasses 10K+ units

PadSplit aims to address the lack of supply, access and affordability in the rental market with its co-living marketplace designed specifically for lower-income workers, which includes flexible commit

Airbnb or hotel? Overmoon’s vacation rental model aims to combine the best of both

Historically, vacation rental companies have managed homes for homeowners. While this model has proven popular, it also has its drawbacks. Customer complaints around quality get routed through the com

Another proptech startup’s investment platform crashes and burns, cites ‘current interest rate environment’

Here, a fractional short-term vacation rental marketplace, has shut down its investment platform after just over two years of operation. The Miami-based startup, which had raised a known $5 million in

Short-term rental provider Frontdesk lays off entire staff, on the verge of shutting down

Another proptech startup has run into trouble. Frontdesk, a startup that managed more than 1,000 furnished apartments across the United States, laid off its entire 200-person workforce Tuesday after a

The Equity crew predicts we’ll see fewer VCs in 2024

We're saying goodbye to 2023 with an Equity tradition: our predictions episode!

Opendoor co-founder Eric Wu is stepping down to return to his startup roots

Opendoor co-founder Eric Wu is stepping down from the real estate tech company, according to an SEC filing. In a statement, Wu said: “After ten years, I am called to get back to my startup roots and

Prevu’s home sale process gives credit to home buyers with cash-back rebates

The traditional role of the real estate 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

Simply Homes nabs $22M, leverages AI to tackle affordable housing crisis

The United States has long had an affordable housing crisis, but it’s been exacerbated as of late by a surge in mortgage interest rates and low inventory. The problem is especially acute for lower-i

Prefab home builder Veev reportedly shutting down after reaching unicorn status last year

Veev, a real estate developer turned tech-enabled homebuilder, is on the verge of shutting down after reaching unicorn status last year, according to multiple reports. Calcalist reported on Sunday tha

Pitch Deck Teardown: Fifth Dimension AI’s $2.8M seed deck

AI is a chaotic free-for-all right now, especially when it comes to the fundraising cycles. Does Fifth Dimension stand out from the crowd?

Proptech startup Zeus Living, which was backed by Airbnb, reportedly shuts down

Startup Zeus Living is the latest casualty in the proptech world. The Airbnb-backed startup is reportedly “winding down operations,” as reported by The Information. TechCrunch has reached out to t

Summer, which helps customers buy — and rent out — vacation homes, raises $18M

Multiple studies show that younger generations aren’t buying homes as quickly as their generational predecessors. Yet a relatively new startup, Summer, thinks it can convince this cohort to snat

GreenLite streamlines ‘nightmare’ of construction permitting for businesses

Getting the required permits for construction can take an excruciatingly long time in many cities — whether it’s for a residential or commercial project. One new proptech startup is out to mak

This proptech startup says generative building design can change the way cities are built

Cedar has coverage across Austin now, however, the new capital will enable the company to expand to more cities over the next 12 to18 months. 

Mighty Buildings raises $52M to build 3D-printed prefab homes

Mighty Buildings, a startup building tech for prefabricated, ostensibly environmentally-friendly homes, today announced that it raised $52 million in a funding round co-led by Waed Ventures and Bold C

Divvy Homes goes from $2B valuation to third round of layoffs in a year

Divvy Homes, the rent-to-own startup that gained attention and investment from Tiger Global and other high-profile investors, is laying off 94 employees. The layoffs — its third round in the past ye

This startup wants to help landlords rethink risk when screening potential tenants

It’s long been argued that relying on credit scores for things such as evaluating rental applications is an old-fashioned model that needs to be done away with. But the question of how to determine

Subletting app Kiki raises $6M by using dating app concepts to match listings and renters

Kiki (formerly EasyRent), a subletting startup that matches listers with people looking to rent for up to six months, recently closed a $6 million seed round, its co-founder Toby Thomas-Smith exclusiv

Luxury Presence, which builds marketing tools for realtors, raises $19.2M

Real estate marketing is no walk in the park. Not only do realtors have to weather market volatility, but they need to meet buyers where they shop — creating compelling marketing experiences whi
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