What Matters This Week - 6.26.21
MetaProp's third Fund and a couple Fifth Wall deals.
What Matters This Week is a summary of articles, news, and fundings that mattered this week in Property Technology. No hype or marketing.
WMTW is a free offering to guests of Vertical. Paid members also have access to premium content (fund information, private articles, research synthesis), a private Slack community, monthly Happy Hour, and other exclusive events.
If you’d like to join the community and be part of the conversation, join here.
If not, no worries. Read on and be our guest!
Fundings:
Habi, a LatAm iBuyer raised $100M led by SoftBank.
Lower, a home buying lender platform, raised $100M led by Accel.
Bilt, a credit card company for paying rent, raised $45M from Kairos and a whole mess of impressive strategics.
Lessen, a renovation contractor marketplace, raised a $35m Series A led by Fifth Wall.
SafeAI, autonomous vehicles for construction and mining, raised a $21M round led by Builders VC.
Sealed, a home reno startup that repays upgrades through energy savings, raised a $16M Series B led by Fifth Wall.
Vero, a tenant screening platform, raised $5M led by Eleven Capital.
Equity Multiple, a CRE investing platform, raised $3M led by Ken Pasternak.
News:
MetaProp closed on $100M for its third fund.
Articles:
I’m not sure I want to know how much exhaled air is in my office.
Long Read:
BMO released their take on the State of PropTech.
Listen:
One Last Thing:
I’m a sucker for these market maps. See this one from @pinverrr:
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!
If you learned something from this newsletter, please send it to a friend. If not, send it to someone you hate and help me clog their inbox.
If you have any financings, articles, or suggestions for me, please reply to this newsletter and tell me what’s shaking.