Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The Real Deal
Armed with fresh funding, the flexible workspace software provider essensys is expanding its presence in the U.S. and Asia. The U.K.-based firm, which listed on the London Stock Exchange in 2019, raised $46 million in a primary share placement and plans to use the funds to double its U.S. workforce in the coming year, Jeremy Bernard, the firm’s North America CEO, told The Real Deal.
Willow
Willow Extends Lead in Digital Twins for Real Assets and Accelerates Growth Through Strategic Investment, New Executives and a Cyber Security offering NEW YORK – August 2, 2021 – Willow, the leading digital twin for the built world, welcomes new strategic investor In-Q-Tel, Inc., the non-profit organization that invests in cutting-edge tech startup companies that contribute to the national security of the United States and its allies. The investment signals Willow’s gro…
RentCheck
RentCheck will expand the first tenant-led inspection platform, targeting one of the largest problems in property management: Disputes over deposits. New Orleans, Louisiana (August 9, 2021) — After stealthily achieving product-market fit, RentCheck — the world’s first vision-based, automated property inspection platform — is ready to change the tenant-landlord dynamic. The company will take aim at the tenant “deposit deduction” problem: A $45 billion-per-year game of tug-of-war between …
CREtech+
John Helm, Partner at RET Ventures, discusses how his firm vets, and ultimately decides which companies to invest in.
TechCrunch
Nearly everyone knows the pain of sitting in traffic watching valuable minutes tick by. Just as bad is the maddening search for a parking spot, or even just a safe place to hop out of the backseat of an Uber on a dense, buzzing city street.
Wall Street Journal
Shared office space giant WeWork and Cushman & Wakefield PLC, one of the world’s largest commercial real-estate firms, are negotiating to form a $150 million partnership to navigate the new world of remote working and flexible workplaces.
GeekWire
Engineers at CityBldr knew they were sitting on a goldmine of zoning and land data. After all, that’s how the Bellevue, Wash.-based big data company helps large corporations know the most cost-effective way to expand operations.
Yahoo Finance
NEW YORK, Aug. 5, 2021 /PRNewswire/ — SeeCares and Cherre announced a joint partnership designed to accelerate commercial real estate financing under a rubric of efficient quick workflows and undisputedly reliable data. SeeCares is a platform that uses deep technology to convert underwriting and modeling processes from days or weeks to minutes. Cherre is the industry’s leading real estate data and analytics platform. …
Wall Street Journal
Amazon.com Inc. AMZN -0.92% said it would delay corporate employees’ return to offices until next year as conditions around the Covid-19 pandemic evolve. The company adds to the wave of businesses adjusting their return-to-work plans as the highly transmissible Delta variant of the virus drives a surge in coronavirus cases….
essensys
LONDON – August 3, 2021 – essensys, the leading global provider of software and technology to the flexible workspace industry, has appointed Eric Schaffer as CEO, Asia Pacific. Based in Hong Kong, Schaffer will spearhead the establishment of essensys’ APAC business and brings extensive industry and in-region experience. The appointment is a milestone in the organization’s ambitious growth plans and continued efforts to increase global market share, as demand for flexible real estate continues to…
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