Latest Trends and Insights in Real Estate Technology

Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.

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  • Fetch Robotics raises $46 million to expand warehouse automation internationally

    TECHCRUNCH

    Placed against our sci-fi expectations, robotics have largely fallen short — with one notable exception. In 2019, automation is a mainstay in factories and warehouses. There the technology has been proven out in the field, and VCs are happy to invest millions. This morning Fetch Robotics announced a $46 million Series C raise. The round, led by Fort Ross Ventures, brings the San Jose-based warehouse automation company’s total funding up to $94 million. New investors CEAS Investments, Redwood Te…

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  • Amazon and Realogy partner up amid brokerage giant’s falling stock and shrinking market cap

    THE REAL DEAL

    Real estate conglomerate Realogy, which has seen a steep drop in stock prices and a shrinking market cap, is turning to Amazon for a boost. Realogy announced Tuesday that it had entered a partnership with Amazon dubbed Turnkey, a new homebuying program through which homebuyers will receive up to $5,000 in complimentary Amazon products and services on move-in, courtesy of the brokerage giant….

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  • Facebook speeds up mapping data validation with machine learning tools Map With AI and RapiD

    VENTUREBEAT

    Millions of roads around the world have yet to be mapped, and that’s a real problem, particularly in the developing world. Missing map data can harm disaster response, community planning, and local economies. And while government-run and tax-funded projects like the U.K.’s Ordnance Survey have produced enormous corpora, they’ve largely failed to freely and widely distribute them.

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  • Lyft opens to the public autonomous driving data set from its Level 5 self-driving fleet

    TECHCRUNCH

    Lyft is offering to the public a set of autonomous driving data that it calls the “largest public data set of its kind,” containing over 55,000 3D frames of captured footage hand-labeled by human reviewers, data collected by seven cameras and as many as three lidars depending on the car used, plus a drivable surface map and HD spatial semantic data that corresponds to the captured info to provide context to researchers….

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  • Real Estate Startup Homeward Secures $25M In Debt & Equity To Help People Buy Homes Faster

    CRUNCHBASE NEWS

    There’s so many players in the real estate tech game, it’s hard to keep up. (We’ve tried in numerous pieces such as this one). Now an Austin upstart called Homeward has entered the crowded scene in an ambitious attempt to take on bigger established players with its offering, and it’s just raised $4 million in equity funding and $21 million in debt funding to help it in its mission….

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  • Fifth Wall Co-Founders Brendan Wallace and Brad Greiwe To Headline Upcoming CREtech Conference in NYC

    CREtech

    The Largest Commercial Real Estate Conference of 2019 Coming To Brooklyn For The First Time New York, NY (July 24, 2019) — CREtech (cretech.com), the leading event, content and connectivity platform for the commercial real estate technology industry has announced that Fifth Wall’s Co-Founders Brendan Wallace and Brad Greiwe will deliver a Keynote presentation at the largest CREtech event of 2019 in New York. Their presentation will span the history of Fifth Wall, their current investment focus …

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  • Hello Alfred Acquires Building Management Technology Platform Bixby

    BUSINESS WIRE

    NEW YORK–(BUSINESS WIRE)–Hello Alfred, the leading residential experience company, today announced it has acquired the building management technology platform, Bixby, as of today’s date. The acquisition includes Bixby’s assets, team, and customers, and will operate under the Hello Alfred brand. This deal expands Hello Alfred’s footprint, dramatically increasing their volume in Class B multifamily buildings with the potential to bring their anticipatory help and local services to a roster of di…

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  • Bird Is Said to Raise New Funding at $2.5 Billion Valuation

    NEW YORK TIMES

    SAN FRANCISCO — Bird, a start-up that rents out electric scooters, is being valued at $2.5 billion in a new funding round led by the venture capital firm Sequoia Capital, according to three people with knowledge of the deal. The funding puts Bird’s valuation slightly above the $2.3 billion that it was pegged at last year. At the time, the $2.3 billion figure represented double the start-up’s previous valuation, as venture capital investors fought to pour money into scooter start-ups….

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  • Pinnacle Storage to List $100M of Assets on New Blockchain Platform

    GLOBEST

    New York, NY—Pinnacle Storage Properties plans to list more than $100 million of self-storage properties on a forthcoming blockchain-based commercial real estate financing platform called Earn.re. Besides listing the properties, Pinnacle Storage is also a project sponsor for the platform, which is scheduled to launch in late 2019. Based in Katy, Texas, Pinnacle Storage Properties is a privately held national acquirer, owner, operator and developer of self-storage facilities with a portfolio o…

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  • The City That Never Deletes: How New York City Became a Real Estate Data Mecca

    COMMERCIAL OBSERVER

    If you can make it here, you probably can’t make it anywhere else. Data, the fuel on which so much of the technology and appraisal of real estate runs, is up-to-date and in abundant supply in Gotham, but still living in the dark ages in the rest of the country. Reonomy found this out the hard way. The company launched in New York City in 2013 with a product that pulls information on properties from different sources and compiles them on one website, and its first New York iteration was smooth …

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