News Archives | Page 610 of 1011 | CREtech
0/ There is a dazzling amount of inconsistency in what GTM (go-to-market) metrics are presented at board meetings of early stage B2B (business to business) companies. Here is my hit list of the most important, and why: 1/ CARR – Total contracted annual recurring revenue is the single best metric for the health of a business. It encapsulates new logo growth, expansion, and churn...
NEW YORK CITY- Brookfield Properties is buckling down on its sustainability strategy. The Canadian-headquartered asset management firm has zeroed in on upgrading its Brookfield Place Central Plant to reduce its carbon footprint, increase energy efficiency and lower overhead costs, Daniel Kindbergh, executive vice president of operations at Brookfield Properties, tells GlobeSt.com.
We’re thrilled to share that we just raised a $50M round led by Kleiner Perkins to finally make the global consumer credit reporting system whole. Our Series B included major participation from our friends at Canapi Ventures and existing investors General Catalyst, Index Ventures and NYCA Partners, without whom we wouldn’t have made it this far. We also welcomed Avid Ventures, Endeavor, Susa...
The U.S. Department of Energy’s (DOE’s) Building Technologies Office (BTO) awarded $26.3 million to 40 competitively selected projects, led by 29 organizations, to pursue innovations that can advance the goals of BTO's Advanced Building Construction with Energy-Efficient Technologies & Practices (ABC) Funding Opportunity. The funding opportunity underpins the Advanced Building Construction...
Commercial property giant Tishman Speyer has started offering its suite of health, wellness and safety services, which it calls Zo, to construction workers at the company's new developments. Previously, Zo was available to Tishman Speyer office tenant workers. The move comes as developers struggle to find and retain skilled construction workers for their projects. About 61% of construction compan...
Vacasa‘s board of directors has hired headhunters to find a replacement for CEO Eric Breon. They have chosen Matt Roberts, former OpenTable CEO and current independent director on the Vacasa board, as interim CEO. Since founding Vacasa in 2009, Breon has led day-to-day operations at the vacation rental property management service. He’s helped the company raise a total of $526.5 million in pri...
What is the Trillion Dollar Hashtag? A brave new flexible world featuring Antony Slumbers In the first episode of a new series of podcast, Caleb Parker founder of Bold, chats to leading property tech commentator Antony Slumbers, about transformation, technology, and innovation. Slumbers travels the world speaking on space-as-a-service and consulting on new changes in technology, micro a...
DRIVING HEADLINES
This week witnessed a variety of mid to large deals in North America and the United Kingdom. The more notable rounds of capital went to companies that improve the property management process within the hospitality sector, alternative sources of finance and credit, and increase flexibility in long-term leases. The largest round went to
Marcelo Claure said WeWork’s new plan for profitability makes the firm a good investment for SoftBank, but investors still have questions. During an interview with Andrew Ross Sorkin on CNBC, the WeWork executive chairman spoke about the beleaguered office-leasing firm’s future after a series of leadership changes at WeWork and its main investor SoftBank. Claure, executive chairman of the co-...
Second Century Ventures, the venture capital arm of the National Association of Realtors®, made an investment in Updater, a NYC-based digital moving concierge company. The amount of the deal was not disclosed. The company intends to use the funds to support growth initiatives, including the acquisition of Bridgevine, a provider of technology for home subscription sign-ups and associated concier...