What Matters This Week - 6.12.21

Common is buying (part of) Starcity

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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Fundings:

• Flyhomes, a homebuying platform, raised a $150M Series C led by Norwest.

• Nesto, a residential mortgage startup, raised a $76M (CAD) Series B led by Assurance.

• Briq, a fintech platform for construction. raised a $30M Series B led by Tiger Global.

• Blooma, a digital underwriting platform for CRE, raised a $15M Series A led by Canapi.

• Extracker, a change order tracking platform, raised a $5.3M Series A led by Jackson Square.

News:

• Common is buying the management part of Starcity.

• RET Ventures closed on $165M for Fund II.

• PropertyGuru is getting SPAC’d.

• Autodesk has a new digital twin platform.

Articles:

• What if renting a home were as easy as ordering food? ($)

• Crunchbase has a nice piece on Pre-fab/Modular players.

• The Zillow mafia. ($)

• SPACs are allowing more founder control. ($)

Listen:

• Nexus interviews Ben Birnbaum of KeyFrame.

Thanks for reading! Our next members-only virtual happy hour will be Thursday July 8th at 7 EST/4 PT. If you’re a member, we’ll see you there!

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