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CRETech February 20, 2020
Global Investor Perspectives To Take Center Stage At FUTURE PropTech London (19 February 2020) - FUTURE PropTech, part of the World’s number one real estate technology event series, will bring together global investors for “The Real Estate Investors Perspective'' track on the morning of day 1. The track will feature a range of formats including panel dis...
CRETech February 20, 2020
Joseph Daniels is unlike anyone you’ve ever met in the world of real estate and construction. At the age of 27, he has already been backed by one of Europe’s richest families and a hedge fund titan, met Indian Prime Minister Narendra Modi to discuss tackling the global housing crisis and built houses on two continents.  He wants to turn his company, UK-based Project Etopia, into the Tesla of...
CRETech February 19, 2020
The San Francisco-based startup, which has provided visitor management software since 2013, will now move beyond the lobby with a host of new workplace products, from conference room booking to a new employee app, it said in a blog post last week. With over 13,000 offices already using its guest check-in software, Envoy's new product suite includes Envoy Rooms, which books meeting rooms, and Envo...
CRETech February 19, 2020
A/O PropTech, a London, UK-based venture capital and private equity firm focused on proptech, has launched with €250m. The firm backs emerging-technology companies, enhancing the real estate industry at large, from Series A to later stage growth breakouts. It enables founders to create, iterate and scale disruptive tech-enabled products and platforms. It uses its $35bn+ strategic RE portfolio t...
CRETech February 19, 2020
Rent The Runway, the designer women’s fashion rental service, is private and doesn’t publish earnings but it would be surprising if it was profitable. It is valued at a cool $1 billion. Stitch Fix, the online personal styling service, makes money but its earnings are erratic. It is valued at $2 billion, over 50 times EBITDA (earnings before interest, taxes, depreciation and amortization).
CRETech February 19, 2020
On this week's Spotlight, The News Funnel is excited to feature Andrew Ackerman, Managing Director at Dreamit Urbantech. Since the launch of Dreamit Urbantech in 2017, Andrew has been closely involved with proptech and construction startups, leading them through the process of pitching to investors and securing funding. Outside of commercial real estate, you might find Andrew skiing or enjoying a ...
CRETech February 19, 2020
WeWork’s woes dominated the financial news last year. Now, its issues may bring more scrutiny on startups in real estate, according to Cody Vichinsky, co-founder of Bespoke Real Estate.
CRETech February 19, 2020
Cars. Airplanes. Power plants. Cows. These are among the biggest sources of greenhouse gas emissions that scientists say are warming the climate. Another culprit? Concrete. The world’s most widely used construction material, concrete plays a significant role in emissions of carbon dioxide, a common greenhouse gas, simply for the sheer scale of its production. More than four billion metric ton...
CRETech February 19, 2020
Title insurance giant First American has reached a deal to buy housing tech company Docutech for $350 million. The deal should close by the end of March, and Docutech’s current management team, including president and CEO Amy Brandt, will stay on board to lead the company, according to HousingWire.
CRETech February 19, 2020
Gables Residential, a vertically-integrated owner and operator of multifamily and mixed-use communities, announced the expansion of Amenify — a platform for services and experiences — to their residents across the Dallas Fort Worth market. The thirteen high-end communities in the DFW market will now provide best-in-class services for residents and their pets, including the following: