Neighbor raises $53M for self-storage marketplace after 5x YoY revenue growth

Neighbor, which operates a self-storage marketplace, announced Wednesday that it has raised $53 million in a Series B round of funding. Fifth Wall led the financing, which notably also included participation from returning backer Andreessen Horowitz (a16z) and new investors DoorDash CEO Tony Xu and StockX CEO Scott Cutler. Xu and Cutler will join former Uber CEO Ryan Graves as investors and advisors to the Lehi, Utah-based startup. A16z led Neighbor’s $10 million Series A in January of 2020….

Zillow Co-Founder’s Latest Venture Vaults to Unicorn Status

Pacaso, a startup that offers shared ownership of residential properties, has raised $75 million in new capital at a valuation of $1 billion — just six months since its launch. The San Francisco-based company, founded by Zillow Group Inc. co-founder Spencer Rascoff and Dotloop founder Austin Allison in October, said it reached so-called unicorn status faster than any other U.S. company….

Ivanhoé Cambridge announces a strategic partnership with Fifth Wall

Ivanhoé Cambridge is proud to announce a strategic partnership with Fifth Wall, the largest venture capital firm with a focus on real estate technology.  Ivanhoé Cambridge and Fifth Wall share the belief that their partnership will accelerate Ivanhoé Cambridge’s technology adoption and innovation across its portfolio. To date, Ivanhoé Cambridge has also committed US$85 million across four Fifth Wall funds focused on climate technology, retail, real estate technology in North America and Europe, …

Lev Raises $10 Million Seed Round to Build the Future of Commercial Real Estate Transactions

The Lev team and I are extremely excited to share that we have raised a $10 million Seed round from NFX, Caanan Partners, and JLL Spark, the strategic investment arm of commercial real estate services firm JLL, as well as our existing investors, ANIMO Ventures and Ludlow Ventures….

Microsoft Prepares to Reopen Its Offices and Enter Hybrid-Work Era

Microsoft Corp. MSFT -0.13% , one of the first American companies to ask staff to shift to remote work more than a year ago as the coronavirus pandemic hit, is ready to begin welcoming employees back to the office. Microsoft’s Redmond, Wash., headquarters and nearby campuses will start shifting to a hybrid-work approach on March 29, with some employees returning to office desks while others work from home, the company said Monday….

Openpath Helps Offices Reopen Safely

Culver City-based startup Openpath Security Inc. has been developing mobile-based door lock systems since 2016, but co-founder and President James Segil said the company’s access systems are more necessary now than ever.

Dallas tech firm focused on real estate moving HQ to Preston Center to be ‘close to our clients’

A startup focused on commercial real estate that weathered the challenges of COVID-19 is putting some roots down at Preston Center where it can be closer to customers. Dottid, a cloud-enabled technology platform for asset management and leasing transactions, has taken a lease for about 5,500 square feet, at least twice the space of its previous headquarters in Dallas, CEO Kyle Waldrep said in an interview….

Keolis to operate Dubai’s driverless metro and tram networks

Forget Floor Spacing, CRE Offices Will Lose Employees Post-Pandemic Without A Welcoming Culture

A year of working remotely in commercial real estate has highlighted the issue of mental health and cultural safety for the sector’s employees, particularly those who battled toxic office environments before the coronavirus pandemic. …

Real estate platform Loft raises $425M at a $2.2B valuation in one of Brazil’s largest venture rounds

Buying and selling residential real estate is a complex business, no matter where you live. A slew of startups in the United States are focused on streamlining that process for people. But in Brazil, where no MLS exists, the challenge of digitizing real estate is even greater.