What Matters This Week - 2.10.24
Smaller deals, several acquisitions, and WeWork.
What Matters This Week - articles, news, and fundings that mattered this week in PropTech. No hype or marketing.
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Fundings:
Kin, a residential insuretech, raised a $15M round led by Activate.
Shepherd, a construction insuretech, raised a $13.5M A round led by Costanoa.
Closinglock, wire fraud prevention, raised a $12M A round led by Headline.
Keus, an Indian smart home system, raised a $12M round led by OAKS.
Attentive, AI for construction businesses, raised a $7M A round led by Vertex.
Myrspoven, Swedish building energy optimization, raised a €5.4M round.
CrowdProperty, a British crowd lending platform, raised a £3M round.
Rize, a Saudi rent-now-pay-later startup, raised a $2.9M Seed round.
RealReports (f.k.a. BHR), a resi property report with AI, raised a $2M Seed round.
OpenHouse.ai, a Canadian homebuilding data platform, raised a C$1.5M Seed round led by Trico.
Rheia, an HVAC tech developer, raised a $779K round.
Handle.com, a liens and payments ConTech, raised a round from Suffolk.
News:
Articles:
Crossing the Multi-Dimensional Chasm of Autonomous Buildings.
10 PropTech Trends in 2024, by Netguru
6 of the latest technology trends in the hospitality industry, by Samsung Insight.
Top-tech read of the week:
M&A of seed-stage startups outshines mature companies, according to PitchBook.
Thanks for reading! If you think I missed something important, send me a note and I’ll get it in next week’s edition.