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Architecture Construction Home Renovation Interior Design North America

Block Renovation Raises $40M in Funding

– Block is a NYC-based renovation platform that uses technology to simplify and improve home renovations.
– The round was led by Giant Ventures with participation from NEA, Morningside, Lerer Hippeau, and Obvious Ventures.
– The company intends to use the funds to expand its business reach.

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Home365 Raises $16.3M in Funding

– Home365, a PropTech/InsureTech residential Real Estate investment and property management company, raised $16.3m in funding.
– The round was led by Greensoil PropTech Ventures II (GSPV II) with participation from Eyal Ofer, O.G. Tech, Verizon Ventures, Lool Ventures and North First Ventures.
– The company intends to use the funds to accelerate its end-to-end technology platform and its expansion into more of the top 100 markets across the United States.

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Oliver Space Raises $13M in Series A Funding

– Oliver Space is a San Francisco CA-based home furnishing experience company.
– The company raised $13M in Series A funding.
– The round was led by U.S. Venture Partners with participation from Mayfield Fund, Abstract VC, Expa Capital, and Burst Capital.
– The new investment will be used to invest in the company’s logistics infrastructure, expand its technology team, and further fund its marketing capabilities.

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Saltmine Raises $20 Million in Series A Funding to Transform Enterprise Workplace Management

– Saltmine raises $20m in Series A funding.
– The round was led by JLL Spark and includes participation from the company’s executive leadership, Jungle Ventures and Xplorer Capital.
– JLL has entered into an agreement to sell Saltmine’s software directly to its customers, creating a powerful distribution channel for Saltmine’s innovative platform.
– Saltmine is the leading end-to-end digital workplace platform helping the world’s largest corporations seamlessly optimize their office space.
– The COVID-19 pandemic has caused office closures worldwide, and permanently changed the employee-workplace relationship. This has resulted in entirely new and unprecedented levels of complexity and created an urgency for companies to optimize their tailored portfolios for this new normal.
– Saltmine’s corporate clients include PG&E, Snowflake and Workday, among other leading firms.

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Clerisy Launches With Initial Investment in Dormify

Clerisy, a new growth equity investment firm targeting consumer and techsumer companies, today announced that it has made its inaugural investment, in Dormify, the dynamic e-commerce platform and brand that redefined stylish dorm room and home décor for Gen Z.
– Co-founded by former L Catterton Partner Lisa Myers and Gilt and GLAMSQUAD co-founder Alexandra Wilkis Wilson, Clerisy closed the first investment round in the fund in October 2020.
– The firm partners closely with and invests in extraordinary entrepreneurs who have developed innovative solutions for the evolving consumer and are poised to significantly scale and grow their businesses.
– Terms of the Dormify investment were not disclosed.

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Saltmine raises $20 million to automate office space design

– Commercial office space planning startup Saltmine today announced that it raised $20 million and formed a strategic partnership with real estate firm JLL.
– Saltmine, whose customers include Snowflake, Fidelity, and Workday, says it plans to put the funding toward advancing its platform and expanding its global workforce.
– The shift to working from home and financial headwinds have companies reevaluating the need for physical office space.
– Even before the pandemic, U.S. Commercial Real Estate Services estimated unused commercial property in the U.S. is worth about $1 trillion.
– In August, Capital Markets reported that direct commercial sales of real estate fell 29% globally to $321 billion in the first six months of 2020 year-over-year.

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