What Matters This Week - 5.9.21
Happy Mother's Day!
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:
Prescient, a digital design and architecture company, raised $190m led by JE Dunn and Eldridge.
Material Bank, a design and construction materials marketplace, raised $100M led by General Catalyst.
LocusView, a digital construction management platform, raised a $64M Series A led by Israeli Growth Partners.
LoanSnap, a digital mortgage platform, raised a $30M Series B led by True Ventures.
Avenue 8, a mobile-first resi brokerage, raised $14m led by Craft Ventures.
News:
Jeremy Fox, a capital markets vet, joined Fifth Wall, because, you know, they need help raising capital.
Long Read:
In tandem with launching SmartScore, WiredScore published a white paper on how to rate smart buildings.
Dror - The Token Society. “The web in its current state is like a city without public spaces. People can only interact in places owned by someone else, and a small group of landlords captures an oversized share of all economic activity.”
From Outsider to SPAC in 6 years by NfX.
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