Latest Trends and Insights in Real Estate Technology

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  • Hotel Disruptor, Life House, Raises a $30M Series B to Make Beautiful Hotels More Affordable and Authentic

    CRETECH

    Life House, a tech-enabled lifestyle hotel company, announced the closing of a $30 million Series B fundraise. The investment was led by leading travel-tech investors, Thayer Ventures, with Tiger Global, JLL Spark, and Ashton Kutcher & Guy Oseary’s Sound Ventures, among others. Several strategic investors also participated in the round, including the former Chairman of Morgans Hotel Group, David Hamamoto, and Jim Ketai, owner of Detroit’s Shinola Hotel and founder of Bedrock Detroit. The rou…

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  • Homebound Raises $35M To Rebuild After Wildfires

    CRUNCHBASE

    After the Tubbs Fire destroyed thousands of structures in Northern California in October 2017, homeowners were scrambling to navigate a daunting process of rebuilding. Nikki Pechet watched in horror as her friend, VC and tech exec Jack Abraham, and many others lost their homes. In the aftermath, she witnessed people (including Abraham) struggling to manage “the dizzying process” of rebuilding.

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  • Berlin’s Home pulls in €11M Series A for its landlord and tenant solution

    TECHCRUNCH

    Home, the Berlin-based startup that set out offering an app to help landlords manage rentals but has since pivoted to solve the landlord-tenant problem more directly, has raised €11 million in Series A funding. Backing the round is Capnamic, EQT Ventures, FJ Labs and Redalpine, whilst the new capital will be used for “product innovation”, particularly on the tenant side. In addition, Home plans to bring its offering to new cities.

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  • Cash, Plastic or Hand? Amazon Envisions Paying With a Wave

    WSJ

    Amazon.com Inc. wants to make your hand your credit card. The tech giant is creating checkout terminals that could be placed in bricks-and-mortar stores and allow shoppers to link their card information to their hands, according to people familiar with the matter. They could then pay for purchases with their palms, without having to pull out a card or phone.

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  • Knotel lays off up to a third of its New York-focused staff: sources

    THEREALDEAL

    Knotel laid off as much as a third of its New York market-focused staff, as the company faces high vacancy rates and a drop in leasing activity. Close to 20 people were fired this week from the co-working company’s office at 22 West 38th Street, former employees told The Real Deal. The location focuses on the firm’s New York market, and had between 50 and 60 employees.

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  • Loan data firm Actovia buys shuttered competitor CrediFi

    THEREALDEAL

    Mortgage data firm Actovia has struck a deal to buy its former competitor CrediFi, the Tel Aviv-based startup that abruptly shut down last month. New Jersey-based Actovia closed on its purchase Friday, company founder and CEO Jonathan Ingber told The Real Deal. Ingber founded Actovia in 2011 as a platform to provide access to commercial mortgage information on properties in New York City, and is expanding in the tri-state area.

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  • Tim Curran, CEO, Building Engines to Speak on Mergers & Acquisitions Panel at Upcoming CREtech Austin Conference

    CRETECH

    CREtech, the leading global conference and research company devoted to innovation in the Built World, will be showcasing a panel of the most active companies in the real estate tech M&A space at its first event in 2020. To be held in Austin, Texas on April 22nd and 23rd, the panel will feature Tim Curran, CEO at Building Engines, one of the leaders in the sector. Tim Curran is the CEO of Building Engines, the premier cloud-based building operations platform powering modern CRE. Tim has be…

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  • CREtech Austin To Spotlight Commercial Real Estate Development Companies Leading The Way in Embracing Tech

    CRETECH

    CREtech (cretech.com), the leading global conference and research company devoted to innovation in the Built World, will be showcasing the leading-edge commercial estate development companies at its first event in 2020. To be held in Austin, Texas on April 22nd and 23rd, the event will feature the largest and most active landlords and developers sharing their companies tech initiatives, overall strategies and predictions on future trends that will impact the commercial real estate industry.

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  • Soft Robotics raises $23 million from investors including industrial robot giant FANUC

    TECHCRUNCH

    Robotics startup company Soft Robotics has closed its Series B round of funding, raising $23 million led by Calibrate Ventures and Material Impact, and including participation from exiting investors including Honeywell, Yahama, Hyperplane and more. This round also brings in FANUC, the world’s largest maker of industrial robots and a recently announced strategic partner for Soft Robotics.

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  • Google CEO Sundar Pichai warns of dangers of A.I. and calls for more regulation

    DIGITALTRENDS

    Citing concerns about the rise of deepfakes and the potential abuses of facial recognition technology, Google CEO Sundar Pichai declared in an op-ed in the Financial Times that artificial intelligence should be more tightly regulated: “We need to be clear-eyed about what could go wrong” with A.I., Pichai wrote. The Alphabet and Google executive wrote about the positive developments that A.I. can bring, such as recent work by Google finding that A.I. can detect breast cancer more accurately than …

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