What Mattered This Year - 2024

The most popular articles we published or highlighted this year. $19.8B of deals!

Normally, What Matters This Week is a quick summary of articles, news, and fundings that mattered this week in PropTech. No hype or marketing. This week, we are adding details on the most important stories and fundings from all of 2024.

I know it’s long but I hope you enjoy this year-end summary.

If you’d like to join the community, you can here.

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Before we start, be sure to check out the Vertical Library where we keep our most read and best-received articles.

Roundup of everything we did in 2024 below -

Biggest Fundings from 2024: Note that this year, we tracked $19.8B globally.

1. H2 Green Steel, a Swedish decarbonized steel maker, raised a €4.5B Debt and Equity round.

2. EquipmentShare, a const. equipment rental startup, raised a $600M Debt round.

3. Odoo, an open-source CRM, raised a €500M round led by Sequoia.

4. Kiavi, a resi lending platform, raised a $400M debt round.

5. Lighthouse, a hospitality analytics co, raised a $370M C round led by Kohlberg.

6. Hostaway, a STR mgmt platform, raised a $365M round led by General Atlantic.

7. JobNimbus, a CRM for roofing contractors, raised a $330M round led by Sumeru.

8. Splitero, a home equity platform, raised a $300M round led by Antarctica.

9. Unlock, a home equity platform, raised a $280M B round led by D2.

10. Constrafor, a constr. financing co, raised a $264M A & debt round led by NFX.

Most Popular News:

• Costco is launching affordable housing.

• The man who sued NAR launches Landian. (TC)

• CoStar To Acquire Matterport In $1.6B Deal. (TC)

• Roofstock merged with Mynd.

• VTS cuts 20 percent of its staff.

• Justice Department sues RealPage for aiding landlords in a rent-hiking scheme.

• Airbnb acquired Gameplanner.AI.

• STR platform Frontdesk lays off entire staff, on the verge of shutting down.

• Landing acquired Barsala for $30M.

• Opendoor to refund $62M to customers. (Aim Group)

Most Popular Articles:

• Construction tech trends to watch in 2024.

• With Funding Down 42%, PropTech Startups Struggle To Hang On.

• 2024 PropTech forecasts from the JLL Spark team.

• The Churn in PropTech Could Last Awhile. (CO)

• Predictions for PropTech in 2024, by TechRound.

• Why Yardi Bought WeWork ($) (Thesis Driven)

• PropTech Outlook by CO.

• Advancing Real Estate Through AI.

• How to pull off a Billion-Dollar Deal (in PropTech).

• Real Estate Startups Aren’t Seeing Much Love. (CB)

Most Popular Long Reads:

• PropTech Market Update 1H 2024.

• The Appraisal, April 2024 — What's Interesting in Real Estate Tech?

• HL’s 2023 PropTech in review.

• What Makes Housing So Expensive? (Construction Physics)

• The beauty of concrete.

• Why Levittown Didn't Revolutionize Homebuilding.

• The Appraisal, August 2024 — Is Home Insurance Broken?

• KBW’s PropTech Pulse - September report.

• Cuby: The House Factory Factory. (Not Boring by Packy McCormick)

• 2024 PropTech Venture Capital Analysis (CRETI)

Top-tech reads of the year:

• Seed is broken. Here’s how to fix it.

• M&A of seed-stage startups outshines mature companies, according to PitchBook.

• Sora is awesome. (probably)

• The AI Alignment problem.

• The Modern AI Stack, by Menlo Ventures.

• Venture debt — no longer a no-brainer.

• AI Is Like Water, by NfX.

• How Founders, Investors and Executives really use AI, by The Information.

• Check out the next round of Thiel Fellows.

• Amazon writes Anthropic a $2.75B check. (Bloomberg)

Let’s look at the most popular articles we published:

Paid

• Single Family Rental Market Map.

• Comfort in Gartner.

• Office Market Map Part 1 & Part 2.

Free

• Why PropTech Needs a Job Board.

• A Quick Note on Virtual CoWorking.

• A Call for Hardware and Materials.

• Knowing the game you play.

• Mental Health in PropTech (Part II).

• The Hedgehog and the Hare.

• People in PropTech.

And finally, the 15 episodes of our Podcast, according to series with some stats:

STATS: Episodes: 15 total, 8 free episodes.

Recorded: 5.8 hours ~29% more hours this year.

Bake-off

• The Great BI Bake-Off.

• Accelerators in PropTech.

PropTech Chatter

• Round 1 with Chris Moreno.

• Round 2 with Chris Moreno.

• Round 3 with Chris Moreno.

• Round 4 with Chris Moreno.

• Round 5 with Chris Moreno.

• Round 6 with Chris Moreno.

Misc.

• Dom Beveridge of 20for20.

• Job Board launch - Louisa Dickens, LMRE.

VC

• Jeffrey Berman of Camber Creek.

• Vivin Hegde of Zacua Ventures.

• Gavin Myers of Prudence.

How I'm building this

• Dana Dunford of Hemlane.

Innovative Owners & Leaders

• Lisa Picard of Oxygen Investment Management.

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Thanks for reading! If you think I missed something important, send me a note and I’ll get it in next week’s edition.