What Matters This Week - 7.19.25
Good week for WeWork and a big round in maintenance
What Matters This Week - articles, news, and fundings that mattered this week in PropTech. No hype or marketing.
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Fundings:
MaintainX, a maintenance & asset mgmt platform, raised a $150M Series D led by Bessemer.
Exodigo, a subterranean mapping co, raised a $96M Series B led by Zeev Ventures.
BedrockRobotics, a robotic construction system, raised $80M led by Eclipse.
CertifID, a wire fraud protection platform for RE, raised a $47.5M Series C led by Centana Growth Partners.
Datavations, a construction data platform, raised a $17M Series A led by Forestay.
FlyGuys, aerial data for construction, raised a $13M Series A-1 round led by Wonder Fund North Dakota.
Parkade, a parking mgmt platform for MF, raised a $10M Series A led by Navitas.
Billee, an MF utility billing platform, raised a $9.15M seed led by RET Ventures.
MonumentalLabs, a robotic stonemason co, raised $8M led by Seven Seven Six.
ALVAEnergie, a German home energy mgmt co, raised €5.2M led by Württembergische Energie GmbH.
Mango, a financing tool for developers, raised a $3M seed led by Ironspring.
FiberElements, an Austrian basalt concrete manufacturer, raised a €2.6M seed led by LEA Partners.
InnteloAI, a hotel PMS and concierge, raised a £500,000+ pre-seed led by Haatch.
StayTerra, a vacation rental marketplace, raised funding led by Bessemer Venture.
WattCarbon, an energy analytics platform for CRE, raised a seed led by Cerulean.
News:
Move Inc., (Realtor.com) acquired search and productivity tool builder - Zenlist.
Partners Group acquires German CRE energy mgmt co - Techem, for $7.3B.
Articles:
What Happened to WeWork? (1440)
How I Underwrite Founders and Opportunities: Part 3 (The Daniel Dart Board)
The Problem With 'Emerging Manager' (Thesis Driven)
AI Set to Unlock $34B in Efficiencies Across Real Estate by 2030 (CRETech
Article Summaries: ‘Part 3 - How I Underwrite Founders & Opportunities’, ‘The Next $10T Opportunity’ and, The Problem With 'EMs'.
Top Tech Read of the Week:
Check this out:
Source: @businessbulls.in
Q2’25 stats:
142 funding rounds were announced - view the data here.
Globally, $3.565B raised.
$7.3M was the median round size, and $28.8M was the average.
Top 3 recurring investment stages:
37 Seed rounds
19 A Rounds
10 B Rounds
Series B rounds led in dollars raised, while Seed rounds led in number of deals - indicating a healthy balance of risk and reward between later-stage company investments, alongside support for early-stage innovation.
Construction had the most number of deals - 50, with a total $1B raised.
Residential had the highest total raised - $1.6B across 47 deals.
Industrial saw $939M raised across 17 deals.
Multifamily saw $895M raised across 34 deals.
Office saw $496M raised across 24 deals.
Hospitality, Retail, and STR dropped in both volume and funding compared to Q1’25, reflecting further investor caution.
PropTech Talent:
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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.