What Matters This Week - 01.24.26
Big debt for Cloover, Acquisition for Procore, and Brakes for Fifth Wall
What Matters This Week - articles, news, and fundings that mattered this week in PropTech. No hype or marketing.
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Fundings:
Cloover, embedded financing for Resi, raised a $1.2B debt + a $22M A round.
Mews, a Hospitality workflow OS, raised a $300M D round led by EQT Growth.
Cubby, a CRE property mgmt stack, raised a $63M A round led by Growth Equity.
Jetson, a Resi electric heat pump co, raised a $50M A round led by Eclipse.
Fracttal, CRE maintenance mgmt tech, raised $35M led by Riverwood.
AtlasInvest, a CRE lending stack, raised $25M led by BlackRock.
XBuild, a construction estimation platform, raised a $19M A round led by N47.
Cambio, a CRE operations platform, raised an $18M A round led by Maverick.
Brickeye, a Canadian site risk assess. co, raised a $10M B round led by GreenSky.
Renterra, a construction equipment market, raised a $9M A round led by AGP.
Mave, a Canadian RE AI marketing stack, raised a $5M seed round led by Relay.
SPEC, a construction engineering co, raised a $3M pre-series A led by Black Nova.
PropertyPistol, an Indian CRE transaction mgmt co, raised a $2.7M Pre-Series B.
Nucleus4D, a spatial computing co for MF, raised a $1.5M pre-seed led by Antler.
News:
Procore acquired Datagrid (PropTech Connect)
Podcasts/ Videos:
Articles:
Scoop: Fifth Wall cuts staff, pauses fundraising (Axios Pro) $
How Real Estate Companies Manage Tech Integrations (Insights by Blueprint)
What Smart CRE Players Are Doing Differently in 2026 (GlobeSt.)
The future of MF leasing: 5 PropTech predictions (Multifamily Dive)
Article Summaries:
Long Reads:
US Housing Outlook: Affordability weighing on demand. Supply low. (Apollo)
The PropTech in Canada Report is Here! (PropTech Collective)
Other Newsletters:
NPS Scoring in Construction? and The Great Deflation (KP Reddy)
Guiding philosophies (Confluence VC)
Top Tech Read of the Week:
“There’s a sweet spot where you grasp the important stuff but you’re not smart enough to be bored with it.”
- Morgan Housel
Check this out:
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Source: @strange.planet1114
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