What Matters This Week - 8.13.22

Couple noteworthy acquisitions and a cool pre-seed chart.

What Matters This Week - articles, news, and fundings that mattered this week in PropTech. No hype or marketing.

WMTW is free but subscribers also have access to premium content, a private Slack community, and exclusive events.

If you’d like to join the community, you can here.

---

Fundings:

• TrueWork, an income and employment verification platform for lenders, raised a $50M C round led by G Squared.

• Oliver Space, a tech-enabled home furnishing company, raised a $36M B round led by Union Grove.

• Properly, a Canadian MF tech-enabled brokerage, raised a $28M B round.

• Project Solar, a resi solar seller, raised a $23M A round led by Left Lane.

• Kumospace, a remote work video chat platform, raised a $21M A round led by Lightspeed.

• OpenSpace, a construction site digital twin generator, raised an additional $9M for 03/22 D round.

• Marble, a rental management software for small landlords, raised a $2M round.

News:

• Blackstone Plans to Back Tech Startups in $2 Billion–Plus Lending Push.

• MRI Software Acquires ApartmentData.com.

• Urban Innovation Fund has raised $121M for second fund.

• iRobot acquisition: Amazon’s latest push into the smart home space.

Articles:

• Startups Tackle Keeping Cool (Or Warm) Without Heating The Planet.

Long Read:

• KPMG’s 7th Annual Real Estate Innovations Overview (REIO).

Top-tech read of the week:

• Investors Regaining Upper Hand Over Silicon Valley Startups (WSJ).

Check this out:

• Cool visualization of pre-seed valuations:

  will bricker @will_bricker

  Hi - Back again with some data insights into pre-seed startup valuations. This time, I want to talk about my favorite chart for both founders and VCs - The traction slide #Startups #VentureCapital #Entrepreneurs #Founders 1/9

  

---

Thanks for reading! If you think I missed something important, send me a note and I’ll get it in next week’s edition.