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
3 VCs talk about which fintech-focused startups have the best shot at survival and the advice they are giving startups in their portfolios.
Opendoor is letting go of about 550 people, or 18% of the company, across all functions, its co-founder and CEO Eric Wu announced in a blog post today. The real estate technology company is one of man
Clear Capital, a real estate valuation technology company and firm, is laying off 27% of its staff months after freezing mass hiring, TechCrunch has learned from sources. A spokesperson for Clear Capi
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Startups that are catering to homebuyers are struggling as interest rates and inflation have climbed and inventory shortages continue in many markets. The latest casualty in the space is Reali, whic
One consequence of the COVID-19 pandemic is more people had flexibility to work remotely, and that meant they also had more flexibility to live where they wanted. As a result, more people chose to rel
Welcome back to Chain Reaction. Last week, we talked about privacy in crypto and how it’s sometimes at odds with regulation. This week, we’re covering a larger-than-life founder who is per
Mudafy, a tech-enabled real estate broker operating in Latin America, has raised $10 million in a Series A round of funding led by San Francisco-based Founders Fund. Founded in mid-2019, Mudafy operat
Opendoor has agreed to pay $62 million to settle charges by the Federal Trade Commission, which says the company’s claims that it helps people make more money by selling their house to the company r
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
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
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
We’re all guilty of it: Sometimes, even when we’re not looking to move, it’s fun to look at home listings on Zillow just to see what’s out there. If that sounds weird to you… I don’t b
Historically, only institutions have been able to be part of REITs (real estate investment trust), which are made up of companies that own or finance income-producing real estate across a range of pro
Many real estate technology companies are developing technology that is in competition with, or could potentially replace, real estate agents. One startup that aims to help agents succeed and flourish
Luxury Presence, a startup selling marketing software to real estate brokerages, announced today it has raised $25.9 million for its Series B round. Bessemer Venture Partners led the round alongside f
Concreit, a company that wants to open real estate investing to a broader group of people, announced today that it has closed $6 million in a seed funding round led by Matrix Partners. Hyphen Capita
Constance Freedman and Liza Benson have built up a network of more than 700 executives across the real estate, finance, insurance and home services industries.
Sundae, a residential real estate marketplace that pairs sellers of dated or damaged property with potential buyers, has raised $80 million in a Series C funding round co-led by Fifth Wall and General
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