AI, green building, and property and transaction management solutions are still seen as good investments by VC firms, new reports show, despite an overall decline in investments in proptech
The latest investment was led by Spark Capital and Pillar VC, but a number of backers took part, including Fifth Wall, Home Depot, Starwood Capital, Metaprop and CBRE, among 18 total
Fifth Wall co-founder Brendan Wallace and VTS CEO Nick Romito discussed the bounce between office and remote work and transforming America's empty offices into extra housing during ICNY
Inman Connect New York is underway this week in midtown Manhattan. We'll share the hot gossip from the floor. Check back early and often for news, views, announcements, schedules and more
Lessen provides technology services to managers of single-family, multifamily and commercial properties while Darwin Homes offers a mobile solution for finding, applying and moving in
The Seattle-based brokerage and mortgage lender announced another round of layoffs on Friday. Flyhomes had layoffs in July and November 2022, with one round impacting 20% of its workforce
In recognition of the entrepreneurs, venture capitalists and visionaries pushing real estate forward, the 'Best of Proptech' honors cap the yearlong expansion of Inman's awards program
A panel of VC investors at ICLV said funding had likely been delivered to new proptechs without enough diligence during the most recent bull cycle. Now is the time to get 'more prudent'
The company intends to prepare agents and homeowners for the 'millions of new high-performing homes improved through the Inflation Reduction Act (IRA),' according to an announcement
Resolute Diligence Solutions specifically focuses on due diligence for single-family rentals and for residential transition loans and will help Setpoint beef up its technology platform
'Vero will soon launch the industry's first dynamic, conversational application for leasing, offering an omnichannel experience with AI-assisted, dynamically generated interviews,' company says
A contracting market will place pressure on struggling startup entrepreneurs while some broker-owners use the down market as an opportunity to nail down a succession plan, analysts told Intel
Opinion
Disruptive sales models, lead aggregators and search products have transformed proptech into a true marketplace while freeing venture capitalists up to become more than mere power brokers
Fifth Wall's co-founder revealed why proptech is worthy of venture capital, how friction generates money for lenders and why physics can better illuminate real estate’s carbon footprint
The funds came from a variety of investors, including Andreessen Horowitz, Fifth Wall, 645 Ventures and others. The funding is notable for coming amid a cooling housing market