What Matters This Week - 10.2.21
Built is a unicorn
What Matters This Week is a summary of articles, news, and fundings that mattered this week in Property Technology. No hype or marketing.
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Fundings:
Built Technologies, a construction finance platform, raised a $125M growth round led by TCV.
Nomad, a European home-finding platform, raised a $20M A round co-led by 01 Advisors and Spruce.
Doorloop, a resi property management platform, raised $10M in Seed funding.
Stake, a rental rewards platform, raised a $4M Seed round led by Shadow.
Expetitle, a remote closing company, raised $2.3M in Seed funding.
Redist, a tex-break for RE platform, raised a $1.9M Seed round led by Hometeam.
Articles:
A nice long piece from the NYT on 3D printed homes.
Watch:
Food for Thought:
Since several interesting PropTech startups are tackling affordability, I thought it might be relevant to include this interesting data from Chartr on average rents in the last 12 months:
Note - The data is from Zumper but the viz is from Chartr
Thanks for reading! If you think I missed something important, send me a note and I’ll get it in next week’s edition.
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