What Matters This Week - 4.18.21

Two weeks, actually

Apr 18, 2021

NOTE - I was on vacation last week with my wife and this week’s WMTW is actually for the past two weeks. Sorry about that.

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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This week’s deals and data:

Fundings:

Better, a digital mortgage provider, raised $600M from Softbank.
HomeX, on-demand in-home repair services, raised $90M led by New Mountain.
HQO, a tenant engagement app for office, raised a $60M Series C led by various VCs and strategics.
Density, occupancy analysis for offices, announced another $25M in funding led by Kleiner Perkins.
Canvas, a robotic commercial drywaller, raised a $25M Series B led by Menlo Ventures.

Maxwell, a digital mortgage platform, raised a $16M Series B led by Fin VC and TTV.
Doorstead, a property management platform for small owners, raised a $12M A round led by Madrona.
NoiseAware, noise detection for STRs, raised an $8M series A led by Thayer Ventures.
Amenify, on-demand tenant services and amenities, announced a $4.8M round led by Unit Leader.
Ark, and investor portal for CRE investors, raised a $3.4M Series A led by Vetruvian Partners.
Casa Blanca, “Bumble for finding homes”, raised a $2.6M Seed round.
Gryps, robotic process automation for construction, raised $1.5M led by LDV Capital.

News:

Is Sonder pulling the rip cord?
CoStar paid $156m in CASH to buy Homes.com.
Unsurprisingly, mall vacancies are at an all-time high.

Articles:

This piece on Sonder by the Information is worth the read.

Listen:

Nexus and WiredScore talk about Smart Buildings.

In Case You Missed it:

You should always read GCA’s PropTech reports.

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