Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bizjournals
Milwaukee’s travel accommodation rental startup Frontdesk Inc. has raised another $7 million for a total of $18 million to date, according to a Thursday announcement. The round was led by San Francisco-based Stormbreaker Ventures. Milwaukee’s Golden Angels Investors and several other unnamed investors also participated, Frontdesk co-founder and CEO Kyle Weatherly said….
ESG Today
DWS, one of the largest asset managers in Europe, announced the appointment of Aleksandra (Sasha) Njagulj as Global Head of ESG for Real Estate. Njagulj joins DWS after serving as Global Head of ESG at real asset investment management firm CBRE Global Investors, where she was responsible for developing and communicating the global sustainability priorities and strategies across the company’s business lines. Before joining CBRE, she held senior sustainability-related roles at construction and …
CREtech
Michael Domitrovits of IBM provides insights on the benefits of digitizing buildings, incorporating IoT, and the most important technologies for a hybrid workforce. Start your free 30-day trial to get full access videos like this: https://plus.cretech.com/checkout/subscribe/purchase.
Geekwire
Seattle-based home services technology company Porch Group boosted its second quarter revenue by 200% to $51.3 million, exceeding analysts’ expectations. Its quarterly net loss widened to $16.3 million, vs. a loss of $6.3 million a year ago.
Bisnow
The coronavirus pandemic has turned air quality into a top-priority issue for building owners, and a proptech company that makes products to monitor and purify the air has capitalized with a new funding round. Wynd, a Redwood, California-based company founded in 2014, has raised a $10M, Series A funding round led by DBL Partners and Greensoil PropTech Ventures….
CREtech
The World’s Most Important Real Estate Tech Networking Event Is Back Live In NYC On Oct. 13-14 Join us this Fall for 2 days of in-person networking, demos and keynote presentations to drive new business like never before. Join 1000+ leaders at real estate’s premier event for tech startups, innovation, investors, and industry players to connect and do business. Register now and save! Book with confidence with our Risk Free Registration through September 15….
The Real Deal
The $33 million round was led by Tiger Global and included 8VC, DST, Tishman Speyer, LeFrak, Jerry Yang, Kevin Hartz and Michael Ovitz, TechCrunch reported. The startup helps clients to speed processing orders for construction materials and to manage those materials. With the pandemic sending construction material markets into a tizzy, Agora capitalized, growing revenue around eightfold during the past year. The company has expanded to 30 states and tripled its staff over that time….
PR Newswire
Livly, the leading enterprise-grade resident experience platform, is partnering with Gopuff, the go-to solution for immediate, everyday needs, to provide Livly residents with instant access to thousands of everyday essentials delivered in about 30 minutes by Gopuff.
Wall Street Journal
Financial giant State Street Corp. is vacating its two New York City office locations. Executives at the Boston firm told New York staffers they won’t be returning to its Midtown Manhattan offices, according to people familiar with the matter. It expects to sublease the two offices near Rockefeller Center to other companies. Many of State Street’s New York employees have worked remotely since the pandemic’s early days. The financial firm, like others, sent staffers to work from home when…
CREtech
The World’s Most Important Real Estate Tech Networking Event Is Back Live In NYC On Oct. 13-14 We’re back LIVE in New York! Join us this Fall for 2 days of in-person networking, demos and keynote presentations to drive new business like never before. Join 1000+ leaders at real estate’s premier event for tech startups, innovation, investors, and industry players to connect and do business. Register now and save! Book with confidence with our Risk Free Registration through September 15….
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