Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Crunchbase
Corigin Ventures and Brick & Mortar Ventures co-led the financing, which also included participation from industry giant Suffolk Construction and CCS Construction Staffing. The financing brings Boston-based Trade Hounds’ total venture funding raised to date to about $4.9 million, the company said….
Sapphire Ventures
COVID-19 has had an immediate impact on almost every industry. Almost overnight, consumers and professionals alike have rapidly adopted new technologies and tools to communicate, transact, work and live. The real estate industry is no exception, but probably not how you’d think.
Finsmes
Haus Services, Inc., a San Francisco, CA-based real estate co-investor offering liquidity and affordability to homeowners, closed a $15.75M Series A funding round. The round was led by BlueRun Ventures, joined by Assurant Growth Investing, Leap Global Partners, Correlation Ventures, and H.Barton Asset Management, as well as existing investors Expa, Montage Ventures, and RIT Capital. With this new investment, Jonathan Ebinger of BlueRun Ventures will join Haus’s board of directors….
EGI
As a young black surveyor in the industry I tolerated comments like this. The more transparent racism I had encountered in the past was replaced by microaggressions: subtle but offensive comments directed at a minority, often unintentionally or unconsciously reinforcing a stereotype. “Hamish I get you, I know where you have come from, I’m sure you have always been above average, but only because you have been surrounded by below average people, and here that is no longer the case.” This individu…
The Real Deal
Real estate data firm Reonomy has tapped a new chief executive, as the company looks to scale up and meet higher demands for information as the market recovers. Founder Rich Sarkis, who previously held the CEO title, said in a LinkedIn post that Bill Okun would take over as chief executive.
Bisnow
Proptech companies such as Openpath, Eden, HqO, Jones and Arc that cater to the … The Pandemic Froze Demand For Office Proptech, But Reopening Is Creating A Surge In Adoption … June 11, 2020 Jon Banister, Bisnow Washington, D.C..
CREtech
Watch the videos from Virtual Demo Day on Tuesday, June 9 to experience demos from the most innovative tech companies in commercial real estate. Virtual Demo Day is the best way to discover startups that you need to know about without leaving your desk. Plus, it’s FREE!
Vice
Audrey Gelman, the co-founder of The Wing, resigned from her position as CEO on Thursday, as employees publicly voiced their anger with the company’s “systemic” mistreatment of people of color and said must do more to fix the upper-class women’s co-working space. “The resignation of Audrey Gelman as CEO of the Wing is not enough. The systemic issues at The Wing extend beyond one individual,” The Wing’s organizing employees said in an email to VICE.
PlaceTech.
Annie Rinker, director of office innovation at Hines, joins Bold founder, Caleb Parker, to offer some important advice for asset owners who are thinking about launching their own in-house Space-as-a-Service operation. Rinker leads the rollout of Space-as-a-Service across the Hines global portfolio, which includes 539 properties across 205 cities in 24 countries on five continents. The portfolio contains a whopping 232m sq ft….
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