What Matters This Week - 9.16.23

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

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Fundings:

• EquipmentShare, a construction equipment rent startup, raised a $150M E round.

• Unlock, an home equity platform, received a $100M Credit Facility from TCB.

• Mighty Buildings, 3D-printed homes, raised a $52M round led by Waed.

• Kin, a home insurance startup, raised a $33M D round led by QED.

• CertifID, a wire fraud prevention startup, raised a $20M B round led by Arthur.

• Delos, insuretech for wildfire protection, raised a $7.3M Seed round led by IA.

• Lumber, a construction worker mgmt platform, raised a $5.5M Seed led by Carbide.

• ReSeed, a startup helping farmers sell carbon credits, raised a $4.6M Seed round.

• Hyppo, a French home equity loan platform, raised a €3M Pre-Seed from Otium.

• HotelYaari, an Indian vacation home frac. ownership platform, raised a $2.17M Seed round from Alios.

• Viboo, a Swiss building-control-as-a-service, raised a $1.68M Seed round.

• Roam, a platform with assumable low-rate mortgages, raised a $1.25M Seed round.

• C-Crete, a cement-free concrete developer, raised a $950K Grant from the DOE.

• Casalist, a Colombian prospecting tool for resi, raised a $120K Pre-Seed round from Techstars.

• GigBridge, a British hiring platform for construction, raised a Pre-Seed round from Morgan Stanley.

News:

• EasyKnock acquired home maintenance company Onder.

• Flyhomes acquired buy-before-you-sell Home Sale Assured.

• Poplar Homes acquired SFR portfolios from BBW and Best Management Team.

• America’s Construction Boom: 1 Million Units Built in 3 Years.

• Divvy Homes lays off 94 employees.

• Lawsuit filed against Yardi and others for ‘ilegally driving rent prices.’

Articles:

• The hotel of the future, according to McKinsey.

• AI and the evolution of PropTech, by JLL.

Long read:

• LMRE’s PropTech Salary Report.

Top-tech read of the week:

• Tech companies are rushing to update their policies to use user data to train AI.

Check this out:

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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.