Latest Trends and Insights in Real Estate Technology

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  • WiredScore boosts board with appointment of Hightower/VTS co-founder Brandon Weber

    WiredScore

    New York City, New York, December 12th, 2018 – WiredScore, the global rating platformfor digital connectivity in commercial real estate, announces Brandon Weber as itsnewest board member. Weber, who was most recently Co-founder of leading leasing and asset management software company VTS, has joined WiredScore’s experienced board following the company’s recent $9 million Series A fund raise. He joins WiredScore Co-founder and CEO Arie Barendrecht and Partner of Bessemer Venture Partners Jerem…

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  • Uber CEO and Alphabet Invest in Urban Farming Startup

    BLOOMBERG

    Bowery Farming Inc., a two-year-old startup that uses robotics to cultivate crops indoors, is on track for more growth. The New York-based company plans to announce on Wednesday that it raised $90 million from investors including Alphabet Inc.’s GV and Uber Chief Executive Officer Dara Khosrowshahi, said Bowery’s co-founder and CEO, Irving Fain. The company declined to provide its valuation….

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  • This Is The Lesson Startup Founders Should Learn From Emoov’s Demise

    FORBES

    At the start of December, online estate agent Emoov made headlines for all the wrong reasons when it filed for voluntary administration. Only a few months before, it was being hailed as the darling of the London proptech scene, with a three-way tie-up with Tepilo and Urban, valued at over £100 million, which was supposed to pave the way for an IPO in 2019. In July, it raised a ‘last chance’ crowdfunding round for investors wanting to come onboard pre-IPO, raising £2 million on top of the funds i…

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  • The Rise Of PropTech Could Help Close The Gender Gap In Real Estate

    BISNOW

    Men and women do not enjoy equal representation in the commercial real estate industry, but there is evidence of “tangible change” connected to the rise of PropTech companies, according to a new report from the Property Council of Australia and EY. The report this year was a follow-up to a 2016 report seeking to identify any shifts in attitudes, behaviors or industry sentiment over the last two years, with more than 2,600 property-sector employees participating in the survey,  JLL reports.

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  • “They’ll do it until they can’t”: StreetEasy’s rental hike squeezes brokers amid tough market

    THE REAL DEAL

    In a market marred by oversupply and concession mania, StreetEasy’s rental fee hike is inviting a new wave of criticism. After introducing a fee last year of $3 per day per rental listing, the portal immediately attracted outrage from the industry. Now, with the increase to $4.50, some industry players see the move as a way for Zillow Group to boost revenue as its share price has taken a beating — while forcing agents to shell out for a platform that still dominates the market….

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  • Amazon Go cashierless stores get compact for office workers

    VENTUREBEAT

    (Reuters) — Amazon.com on Wednesday opened a compact version of its cashier-less Amazon Go food stores, broadening its footprint in the bricks-and-mortar world in a move to add shops in places such as office lobbies and hospitals. Located in one of the company’s Seattle offices, the eighth Amazon Go store is near the original and a quarter the size, at a mere 450 square feet. That is about the size of a New York City studio apartment. The new store is aimed at selling salads and snacks to off…

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  • Former Casper, HuffPost execs launch home renovation startup Block

    THE REAL DEAL

    Block Renovation, a new startup founded by former Casper and HuffPost executives, wants to shake up the home renovation industry. The platform, launched Thursday, allows users to choose between design packages online and pick materials and a contractor with one click. Block claims that its product is 25 percent cheaper than traditional home renovation booked directly with a contractor, in part because it hopes to save money by buying materials in bulk and negotiating for lower prices with sup…

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  • CREtech Announces 2019 Event Schedule

    CREtech

    The largest event and content platform in the commercial real estate tech sector announces much anticipated event lineup for 2019 New York (December 14, 2019) — Coming on the heels of the biggest event ever held in the commercial real estate tech industry, the CREtech New York Venture Conference, CREtech, the leading event, content and connectivity platform for the commercial real estate industry, has announced their 2019 event lineup.   CREtech will be hosting two flagship multi-day conven…

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  • Juniper Square Announces $25M in Series B Funding Led by Ribbit Capital

    Juniper Square

    After adding $200B of real estate assets since its Series A one year ago, the company raises additional capital to cement position as the market leader in real estate investment software SAN FRANCISCO, December 12, 2018 — Juniper Square, the leading technology provider for real estate investments, today announced $25M in Series B funding led by Ribbit Capital, the leading financial technology VC firm. Ribbit joins Felicis Ventures, Zigg Capital, and other strategic investors from the real est…

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  • WhyHotel To Open 3 More Pop-Ups In NoVa

    GLOBEST

    WASHINGTON, DC–WhyHotel, the lodging service that operates pop-up hotels in newly-built luxury apartments, has secured $10 million in Series A funding and has announced plans to open more pop-up hotels beginning with three locations in Virginia.

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