Latest Trends and Insights in Real Estate Technology

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  • Uber announces $800 million commitment to help its drivers buy electric vehicles

    AXIOS

    Uber is immediately expanding its “Green” program to new cities and setting a longer-term target of having fully electric cars account for 100% of rides on its platform in the U.S., Canadian and European cities by 2030. Why it matters: Those plans — and other new climate pledges Uber unveiled Tuesday — come as ride-hailing firms face growing scrutiny over their carbon emissions amid evidence they’re cannibalizing public transit and increasing congestion….

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  • Why Did It Take Me So Long?!?

    Michael Beckerman

    As with everything in my life, I am a slow learner (just ask my wife:). And yet, I do consider myself an infinite learner in that I am constantly trying to push my own boundaries as it relates to knowledge, discovery and passions to pursue. Both personally and professionally. And so it was no surprise to me that it took 56 friggin years to finally embrace the fact that one of my personal passions was not being reflected in my professional life. You see, I am a “tree hugger” in every sense of …

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  • Orchard real estate platform raises $69 million Series C led by Revolution Growth

    TechCrunch

    Orchard, the tech-forward residential real estate platform, has today announced the close of a $69 million Series C funding led by Revolution Growth. Existing investors FirstMark Capital, Navitas, Accomplice and Juxtapose also participated in the round, which brings the company’s total funding to $138 million.

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  • KBS Rolls Out New Tech Platform For Returning Office Tenants, Hopes It Will Spur Them To Lease More Space

    Bisnow

    Amid the slower-than-expected return to work, one major U.S. office landlord is rolling out a new technology platform across its portfolio that it believes will help tenants bring employees back. So far it has done more than that — it has convinced some to expand their leases.

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  • Realtor.com’s Ninve James Named New REBNY RLS Chief

    The Real Deal

    James, a former vice president at Realtor.com where she managed the site’s New York City market strategy for five years, was also part of Trulia’s founding team. She replaces REBNY’s former RLS chief, John Canniffe, who departed last month after a one-year stint.

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  • THE AMAZON LOCKER OF FOOD: MINNOW

    LPC Ventures

    The world stooped into convenience mode in 2020 and food delivery was the beneficiary. Takeout and delivery as a percentage of restaurant sales has skyrocketed as a result of COVID-19 and that trend continues to grow. COVID catalyzed the trend to the point that since February, 43% of total sales volume for restaurants was through online ordering. How did people receive these orders though? Did they meet the driver for an awkward hand-off? Did the driver leave it outside their door? Did they come…

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  • SUFFOLK’S TECHNOLOGY INVESTMENT ARM LAUNCHES INAUGURAL “BOOST” PROGRAM FOR TECH STARTUPS

    Suffolk

    Suffolk Capital–Technology announces inaugural four-week program to help tech startups solve industry challenges, expand networks and showcase solutions   BOSTON, MA, September 9, 2020 — Suffolk Capital-Technology (“Suffolk Tech”), the technology investment arm of innovative construction enterprise Suffolk, announced the launch of its “Boost” program for startups in the built environment. Boost is an intense four-week mini-accelerator program that will bring together promising technology…

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  • Sharing data to help launch the Linux Foundation Climate Finance Foundation

    Microsoft

    Today, Microsoft is joining Allianz, Amazon and S&P Global in announcing plans to launch the Climate Finance Foundation, a new initiative led by the Linux Foundation to build the OS-Climate Platform. This initiative leverages open-source analytics and open data to empower the investment community, as well as NGOs, academia and others, to help better model companies’ exposure to climate change. Microsoft is committing to sharing its significant and relevant sustainability data to advance the …

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  • Zillow, Nextdoor and Other Companies Pledge to Add Black Directors

    Wall Street Journal

    A new group of U.S. companies is pledging to add a Black director to their boards within the next year in a bid to diversify and help accelerate more inclusion in corporate America. Zillow Group Inc., ZG -0.01% Nextdoor.com Inc., HopSkipDrive Inc. and Heritage-Crystal Clean Inc. HCCI 1.05% are among public and private companies signing on to the Board Challenge, a pledge for boards to add a Black director within one year. In addition to those 17, more than 20 other companies with Black directors…

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  • WeWork CFO Kimberly Ross Out

    The Real Deal

    The shared-office giant’s CFO Kimberly Ross, who took the position in March, will be stepping down at the end of this month, WeWork announced Wednesday. The company said Ross, a 25-year veteran of the corporate finance world, is leaving “for personal reasons.”

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