The investment in Knock comes amid consistent year-over-year growth in venture capital deals for real estate tech companies.
View More Opendoor competitor Knock raises $400MCategory: Real Estate
Badi gets $30M for AI-aided room rentals
Should you let AI help you pick your roommates? Barcelona-based urban room rental startup Badi thinks so, and it’s just closed a $30M Series B funding round less than a year after a $10M Series A — suggesting algorithm-aided matchmaking is resonating with its target Millennial(ish) ‘Generation Rent’ demographic, as they hunt for their next flatmate. […]
View More Badi gets $30M for AI-aided room rentalsBowery Valuation raises $12 million more to automate the real estate appraisal process
Bowery Valuation, a New York-based company that we told you about last year, has raised $12 million in Series A funding for its tech-enabled real estate appraisal platform. The 3.5-year-old raised the capital from Corigin Ventures, Camber Creek, Navitas Capital, Fika Ventures, and Builders. Bowery caught our attention initially because, lot a lot of real […]
View More Bowery Valuation raises $12 million more to automate the real estate appraisal processWeWork rebranding won’t work
The company formerly known as WeWork has rebranded as the We Company — although a better name for its network of on-demand office spaces for the newly incorporated and nominally employed; co-living spaces for the same Easyjet-set; and educational and coding services could be “House of Cards”. News of the rebranding (first reported via Fast Company) comes […]
View More WeWork rebranding won’t workFor SoftBank, no majority stake in WeWork as it scales down talks from a new $16 billion investment to $2 billion
Several weeks after it was reported by the WSJ that two of the biggest investors in SoftBank’s massive Vision Fund vehicle were cool on its planned $16 billion investment in the coworking company WeWork, those plans have changed radically, says the Financial Times. According to its sources — and confirmed by our own — SoftBank […]
View More For SoftBank, no majority stake in WeWork as it scales down talks from a new $16 billion investment to $2 billionHQ2 fight continues as New York City and Seattle officials hold anti-Amazon summit
The heated debate around Amazon’s recently announced Long Island City “HQ2” is showing no signs of cooling down. On Monday morning, the Retail, Wholesale and Department Store Union (RWDSU) hosted a briefing in which labor officials, economic development analysts, Amazon employees and elected New York State and City representatives further underlined concerns around the HQ2 […]
View More HQ2 fight continues as New York City and Seattle officials hold anti-Amazon summitThe limits of coworking
It feels like there’s a WeWork on every street nowadays. Take a walk through midtown Manhattan (please don’t actually) and it might even seem like there are more WeWorks than office buildings. Consider this an ongoing discussion about Urban Tech, its intersection with regulation, issues of public service, and other complexities that people have full […]
View More The limits of coworkingWellness giant Life Time targets co-working, shopping malls for next act
Founded in 1990 by CEO Bahram Akradi, Minnesota-based Life Time used to be known as a premier health club that operated large gyms mainly in affluent suburbs in Midwestern and Southern states. Its success was memorialized in 2015 when two leading private equity firms, Leonard Green & Partners and TPG Capital, led a $4-billion deal […]
View More Wellness giant Life Time targets co-working, shopping malls for next actWhy you need a supercomputer to build a house
When the hell did building a house become so complicated? Don’t let the folks on HGTV fool you. The process of building a home nowadays is incredibly painful. Just applying for the necessary permits can be a soul-crushing undertaking that’ll have you running around the city, filling out useless forms, and waiting in motionless lines […]
View More Why you need a supercomputer to build a houseCove.Tool wants to solve climate change one efficient building at a time
As the fight against climate change heats up, Cove.Tool is looking to help tackle carbon emissions one building at a time. The Atlanta-based startup provides an automated big-data platform that helps architects, engineers and contractors identify the most cost-effective ways to make buildings compliant with energy efficiency requirements. After raising an initial round earlier this […]
View More Cove.Tool wants to solve climate change one efficient building at a timeWeWork is getting serious about China
Since its entry into China in 2016, WeWork has extended from four to around 60 locations across the country’s megacities like Shanghai, Beijing, and most recently, Shenzhen. That’s one-sixth of WeWork’s 360 locations worldwide. It’s also equivalent to what WeWork has achieved in its early five to six years globally, Sern Hong Yu, regional head of project […]
View More WeWork is getting serious about ChinaChina’s Craigslist continues growth after netting 100 million small-town users
58.com, the Craiglist of China, is making a massive push to pick up rural users as it hedges China’s economic uncertainties. During the third quarter, revenues grew 33.2 percent to $527 million and net income jumped 106 percent to $106 million year-over-year. The classifies giant said in Thursday’s earnings call that it added over 100 million new […]
View More China’s Craigslist continues growth after netting 100 million small-town users