What Matters This Week - 2.19.21
RentPath gets nabbed and a couple more SPACs
What Matters This Week is a summary of articles, news, and fundings that mattered this week in Property Technology. It cuts through the hype and marketing that assaults our inboxes.
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This week’s deals and data:
Fundings:
LeaseLock, a leasing deposit alternative, raised a $52M Series B led by Wildcat and Westerly Winds.
Knock, a property management tech platform, raised $20M led by Fifth Wall.
LeaseCake, a commercial lease management startup, raised $3M led by Las Olas Venture Capital.
Nomad Labs, a lease guarantee platform for rental owners, raised a $2 Seed round led by Range Ventures.
News:
Looks like RXR is wading into the SPAC pool at $250M.
So is Silverstein.
Redfin swoops in to buy RentPath for $608M.
Long Read:
If you haven’t already, check out this PropTech Report in Canada.
And just to condescendingly giggle at non-insiders, check out this market map of FinTech companies and how big the real estate section is:
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