Digital smart zones help manage crowded urban streets
Axios
Exploding demand for curb space in urban areas has inspired new technologies like “digital smart zones” that help cities manage those narrow but increasingly valuable tracts of real estate.
Latest Trends and Insights in Real Estate Technology
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
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4. A private climate capital boom
Axios
Generate Capital, a sustainable infrastructure finance and development firm, this morning announced a $2 billion fundraise from major institutional investors, Ben writes.
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Black Women Still Receive Just A Tiny Fraction Of VC Funding Despite 5-Year High
Crunchbase News
Joanna Smith, the founder of edtech startup AllHere, recently raised an $8 million Series A after bootstrapping her company first. A former middle school math teacher, Smith opted to go through two accelerator programs to learn how to pitch investors and develop a repeatable sales and operational process….
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Facial recognition surges in retail stores
Axios
Face-recognition tech is coming to a store near you, if it’s not there already, and that’s sparking a new wave of opposition.
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The traffic light gets a dazzling, 21st century makeover
Fast Company
The stop light was a design inevitability. As cars grew in popularity around the turn of the 20th century, several inventors developed a glowing box filled with round, incandescent lights to tell people when to stop and go. Which is why, since the traffic signal was first installed in Cleveland in 1914, the design has gone largely unchanged.
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Serena Williams invests in rent-reporting fintech Esusu
CNBC
Serena Williams is investing an undisclosed amount in Esusu, a fintech start-up that allows renters to build and improve credit by reporting their rent payments to credit bureaus. The tennis superstar provided the backing through her venture capital firm, Serena Ventures, as part of the start-up’s first funding round. “I started Serena Ventures to invest in diverse founders and early-stage companies that outperform and generate impact, while at the same time empowering others and creat…
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JLL, Khosla lead Jones’ $12.5M Series A for real estate vendor compliance
TechCrunch
Commercial real estate tenants and property managers have to abide by strict liability rules that any vendor entering the property must have insurance certificates and meet other requirements. The approval process for this currently can take days and is still largely done on paper. Enter Jones. The New York-based commercial real estate startup is curating a marketplace of pre-approved vendors for tenants and property managers to find and hire the people they need in a compliant way….
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Vertis Launches With Industry-First Data Science Solution to Optimize Critical Workforce and Workplace Strategies and Decisions
VMblog.com
Today, a new company called “Vertis” came out of stealth and heralded the general availability of its Vertis Market Intelligence Platform. Vertis says its new platform provides dynamic insights to executive, HR, and real estate leaders by leveraging billions of data points and proprietary data science. The data accessible through the Vertis Market Intelligence Platform allows business leaders at high-growth enterprise companies to make quick, actionable decisions about real estate, talent, an…
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Private club goes public: Soho House IPO raises $420M
The Real Deal
The owner of a network of members’ clubs built on exclusivity is offering up its stock to the masses. Membership Collective Group, parent company of the Soho House chain of private clubs, raised $420 million in an initial public offering of 30 million shares Wednesday.
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The We That Didn’t Work at WeWork
The Wall Street Journal
Adam Neumann and Masayoshi Son were negotiating a possible $20 billion check when Mr. Son pulled up an image of Yoda on his iPad. It was summer 2018 and Mr. Son’s tech conglomerate, SoftBank Group Corp., had already pumped over $4 billion into WeWork, the shared office space startup Mr. Neumann co-founded eight years earlier. Now Mr. Neumann was trying to get Mr. Son to buy a majority stake in WeWork. It would have been the largest acquisition ever of a startup, part of a bid to turbocharge a…
