What Matters This Week - 4.12.25
Three different Nine-Figure rounds this week
What Matters This Week - articles, news, and fundings that mattered this week in PropTech. No hype or marketing.
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Fundings:
BasePower, a resi backup battery system, raised a $200M B round led by a16z.
Enpal, a resi solar solution provider, raised a €110M round led by TPG.
Aiper, a cordless robotic pool cleaner, raised a $100M round led by Fluidra.
AppWork, a MF maintenance mgmt co, raised a $13M A round led by Resolve.
Sourgum, a sustainable waste mgmt co, raised a $12.5M A round led by Spark.
Vestigas, a constr. supply chain optimizer, raised a €8M Seed round from Realyze.
LeakZon, a MF water loss mgmt platform, raised a $5M A round led by Peal.
Adaptis, a sustainable building software, raised a $4M Seed round led by BV.
DIAMO, a hotel revenue mgmt software, raised a $4M Seed round led by Thayer.
Conduit, a STR management software, raised a $3.1M round led by Pi Labs.
SuiteOp, a STR operations platform, raised a $3M Seed round led by ScOp.
Algoma, a pre-constr automation platform, raised a Seed round led by Zacua.
News:
Moderne Passport class of 2025 announced: Audette, Closing Theory, Trust & Will, Work&, WarrantyHive, & Mesh.
1Komma5, valued by VCs at over $1B, postponed plans for a U.S. IPO. (Reuters)
Top Tech Read of the Week:
AI Hot-takes with Greg Isenberg.
Check this out:
Source: Which AI Chatbots Collect the Most Data About You? (Visual Capitalist)
PropTech Talent:
Featured Job - Director of Firmware @ VergeSense (CA, USA)
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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.