Mortgage broker Trussle raises £7.5m in Series C funding round

The latest round brings Trussle’s total funding to date up to £26.5 million after the tech startup raised £13.6m in Series B financing in May 2018. The firm plans to use the money to invest in the efficiency and speed of its mortgage provisioning. “Since Trussle launched in December 2015, we’ve helped thousands of homeowners get onto the property ladder and reduce their mortgage payments by switching to the right deal,” says Trussle chairman, Simon Williams. “But there’s ample work to be done in…

CREtech To Spotlight Multifamily Tech At Upcoming Austin Conference

CREtech (cretech.com), the leading global conference and research company devoted to innovation in the Built World, will be highlighting the leaders in Multifamily tech at its first event in 2020. To be held in Austin, Texas on April 22nd and 23rd, the event will feature the largest and most active landlords/developers, investors and managers in the Multifamily sector sharing their companies tech initiatives, overall strategies and predictions on future trends that will impact the commercial rea…

Lane Opens New Toronto Headquarters Following Year of Growth

Proptech startup Lane has opened a new corporate headquarters in downtown Toronto after a year of significant growth for the company. Already Toronto-based, Lane is moving headquarters in order to accommodate its expanding team. The office move comes after a year which saw Lane close a $2.5 million seed round in May. That round was led by Alate Partners, a real estate tech-focused VC firm and the birthchild of Relay Ventures and Dream Corporation.

Are Click-and-Buy Strategies the Future of SFR Investing?

Industry sources say click-and-buy strategies are an indication of the future of real estate investing, especially when it comes to single-family rentals (SFRs). That’s because transactions completed through online platforms can reduce the cost, time and risk involved in the process. “There is no doubt that more and more of residential housing transactions are moving onlineand that trend will continue, especially as it becomes easier to fully digitize the experience,” says Jake Fingert, gener…

Built Technologies Acquires lienwaivers.io As It Expands Its Reach From Construction Lending to Construction Spending

Built Technologies, the leading provider of construction finance software, today announced the completion of its agreement to acquire lienwaivers.io, a leading provider of lien waiver management and payment solutions for commercial and residential construction. With the acquisition of lienwaivers.io, Built becomes the first full-stack construction finance platform to provide solutions for all key stakeholders involved in the construction finance process. Together, the companies will continue to …

AI metering and surveillance to dominate smart city market to 2026, boosted by new applications

Smart utility metering for power, gas and water, and video surveillance will remain by far the largest smart city segment, representing 87 per cent of the total number of smart city connections by 2026. This is according to new analysis by ABI Research. The company predicts that smart city tech investments will reach over $61bn globally in 2026. While metering is mainly focused on usage monitoring, savings and efficient operation of utility networks, video surveillance is no longer just about se…

Re-Imagining Real Estate. FUTURE PropTech Launches Brand New Agenda

FUTURE PropTech, part of the World’s number one real estate technology event series, has just launched the 2020 agenda. The event will gather 2,500 institutional investors, real estate private equity, fund managers, property developers, construction firms, facilities & property managers, surveyors, brokers and VC’s at Magazine London on 13 and 14 May. The agenda will be delivered by over 100 speakers across 2 stages, all under the over-aching theme of Re-Imagining Real Estate. A mixture o…

WeWork Is Still a Good Business at Its Core, SoftBank Says

SoftBank Group Corp. said it believes WeWork’s core business is still good despite governance and execution challenges. “We are still in it, we are involved, we are helping the company because we believe the idea at its core is very, very good,” said Deep Nishar, senior managing partner at SoftBank’s Vision Fund. “We will help solve WeWork’s problems with corporate governance with the next set of management,” he said at Munich’s Digital Life and Design conference Saturday….

JLL appoints CIO for Australia and New Zealand

JLL has announced the appointment of Kathleen Stubbs as Chief Information Officer (CIO) for Australia and New Zealand. Most recently Kathleen was the Global Head of Infrastructure and Service Delivery (Deputy Global CIO) for Knight Frank’s global head office in London. CEO of JLL Australia & New Zealand, Stephen Conry said, “Kathleen’s global and Australian experience is impressive and spans Blockchain for property, IoT, Artificial Intelligence and Robotic Process Automation solutions. We …

3 tech giants are teaming up to make smart-home devices easier to use