Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
FINANCE YAHOO
The freight industry has seen several digital freight marketplaces in recent years, claiming to connect carriers with shippers and promising to expedite logistics-related transactions. Digital freight marketplaces often function on the premise that brokerages are replaceable and that supplanting brokers with machine learning algorithms will enable seamless logistics.
TECHCRUNCH
Goodlord, the London proptech startup that offers cloud-based software to help estate agents, landlords and tenants manage the rental process, appears to have achieved somewhat of a turnaround after it fell into difficulty two years ago. Since then, the company installed a new CEO and CTO, and raised further funding. Today Goodlord is announcing its next milestone: £10 million in “Series B” funding.
THEREALDEAL
Austin-based builder Icon is finishing work on the first of six “3D-printed” homes part of a 51-acre development for the chronically homeless in the city called Community First Village, according to the Washington Post. The company also “printed” the structure for a welcome center at the development in 27 hours.
WSJ
San Francisco entrepreneur Madhu Chamarty got the idea for his latest startup from Amazon. com Inc.’s search for its second headquarters, which included finalists like Indianapolis, Pittsburgh and Columbus, Ohio. For him, the search highlighted overlooked cities away from the coasts that had the talent pools to host tech companies. Early last year, he launched Beyond HQ, a startup that uses technology to find new homes for Silicon Valley firms looking to move inland….
VENTUREBEAT
Amazon is set to announce a new business line selling the technology behind its cashierless convenience stores to other retailers, the company told Reuters. The world’s biggest web retailer said it has “several” signed deals with customers it would not name. Today, a new website will invite others to inquire about the service, dubbed Just Walk Out technology by Amazon.
BLOOMBERG
he Wing, a female-focused co-working startup, was valued at roughly $365 million in the heady days of 2018, before WeWork’s botched initial public offering cast a pall over the industry. Now, investors have pegged the Wing’s valuation at substantially less — about $200 million — according to people familiar with the matter. In January, WeWork parent We Co., sold its stake in the Wing to a group of investors that included CAA Ventures, the early stage investment arm of Hollywood talent powerhou…
THEREALDEAL
With the ink barely dry on a deal to buy Managed by Q from WeWork, office-management startup Eden has laid off three-quarters of its formal rival’s workforce. Sources said San Francisco-based Eden laid off 75 of Managed by Q’s 100-person team last Tuesday. On Monday, Managed by Q founder Dan Teran posted a “farewell” letter to staffers on Medium, linking to a spreadsheet with the names of 85 former employees who are actively seeking jobs. The layoffs were first reported by Forbes, which also sai…
TECHCRUNCH
TFLiving, looking to bring amenities to residential and commercial spaces, has today announced the close of a $4.8 million seed financing led by Camber Creek. Courtside Ventures, and other strategic investors, also participated in the round. TFLiving uses technology to connect service providers, like massage therapists, yoga instructors and dog walkers, with property managers and their residents. The service allows residents to sign up for classes or services, as well as request other community …
THEREALESTATEINNOVATORS
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BISNOW
“[The rise of STRs is] definitely something that everyone needs to pay attention to,” Sam Moon Group Vice President Daniel Moon said. “I think it’s something where there is a place for it … And, as you can see, that trend is growing.” The numbers coming from the STR community are significant enough to command notice from hoteliers like Moon, who mostly develops full-service hotels, like the Renaissance Dallas in West Plano and the Hyatt Regency at Stonebriar Centre in Frisco, which opens this…
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