Uber now uses a phone’s sensors to detect if you’ve been in a crash
VENTUREBEAT
As part of its ongoing redemption mission, Uber is today introducing a new feature that checks if you’re OK if it thinks that you may have been involved in a crash.
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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Opcity, lead conversion, and the journey down the funnel
MIKEDP
Last week, News Corp, owner of realtor.com in the U.S. and the majority owner of REA Group in Australia, announced the $210 million acquisition of lead qualification service Opcity. Why it matters: With this acquisition, realtor.com dives deeper into the lead conversion funnel in a major way. Opcity features a referral fee business model where customers are worth 36x more than a lead — which highlights why the U.S. portals are diving deeper into the funnel….
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Vtrus launches drones to inspect and protect your warehouses and factories
TECHCRUNCH
Knowing what’s going on in your warehouses and facilities is of course critical to many industries, but regular inspections take time, money, and personnel. Why not use drones? Vtrus uses computer vision to let a compact drone not just safely navigate indoor environments but create detailed 3D maps of them for inspectors and workers to consult, autonomously and in real time.
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The Office Building Evolution For A New Breed Of Office Worker
FORBES
Today’s consumers want more than transactional relationships with companies. They’re now evaluating brands according to how it feels to do business with them.
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SpotHero Parks $10.1M From Prior Investors To Extend Series C
CRUNCHBASE
On Wednesday, SpotHero filed paperwork with the SEC revealing it has raised approximately $10 million in a new round of funding. SpotHero is a Chicago-based company which operates the largest parking reservation marketplace in North America.
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RealAtom Raises $4M Seed for its Data-Powered Real Estate Lending Marketplace
CREtech
Still, in beta, the Washington DC-based commercial real estate lending startup, RealAtom announced that it has raised a $4 million Seed round. The round was supported by 500 Startups, one of the most prominent startup accelerators in Silicon Valley, with participation from CRE family offices and industry angels. The funding, significant for any seed stage startup on the east coast, will enable RealAtom to add more institutional users to its platform, which uses intelligent machine learning algor…
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Durst snubs WeWork, says there are better offers for 1 WTC space
THE REAL DEAL
WeWork isn’t coming to the World Trade Center after all. The co-working company’s bid to lease up to 12 floors at One World Trade Center has fallen apart after the Durst Organization received better offers for some of the space WeWork wanted, according to the Wall Street Journal. WeWork had hoped to lease roughly 220,000 square feet at the tower….
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Dawn Of The Bitcoin Age Has Apartment Landlords Wondering Whether To Accept It For Rent
BISNOW
The rise of cryptocurrency in the real estate world began with a house here and a condo there. Now the largest affordable housing developer in Florida is considering accepting bitcoin and other virtual currencies for rent payments in what may be the next frontier for commercial real estate.
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Open source drone software startup Auterion lands $10M seed funding
TECHCRUNCH
Auterion, a startup that offers a drone operating system built on top of the popular PX4 open source software, has landed $10 million in seed funding. Backing the round is Lakestar, Mosaic Ventures, Costanoa Ventures, and Tectonic Ventures.
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A startup turning old hotels and offices into housing for San Francisco’s forgotten middle-class is expanding to LA
BUSINESS INSIDER
Starcity, a startup that develops communal living, or “co-living,” spaces in the San Francisco Bay Area, has announced it’s expanding to Los Angeles in September.
