This summary is generated by an algorithm. If you find any mistakes, let us know.

Marketplace North America Property Management Real Estate Real Estate Investment Residential

Pacaso Announces $125 Million Series C Led by SoftBank Vision Fund 2

– Pacaso (the leading real estate platform that helps people buy and co-own a second home) announced $125m Series C funding led by SoftBank Vision Fund 2.
– The round also included participation from Fifth Wall, the largest venture capital firm focused on technologies for the global real estate industry, and Gaingels (a leading investment syndicate supporting diversity and increased representation of the LGBTQ community and allies).
– The company has doubled its domestic market reach and now operates in 25 top second home destinations, including Napa, Lake Tahoe, Aspen, Malibu, Miami, and Vail.

Source
Eastern Asia Hotel Housekeeping Service Property Development Property Management Real Estate Investment Vacation Rental

H2O Hospitality secures $30M Series C to expedite hotel digital transformation

– H2O Hospitality, a South Korea and Japan-based unmanned hotel management company, raised $30m funding.
– The round was led by Kakao Investment and Korea Development Bank, Gorilla Private Equity, Intervest and NICE Investment also participated.
– H2O Hospitality will expand its business further by adding various types of accommodations in South Korea and Japan in 2021 and 2022 and plans to enter Singapore and Indonesia in 4Q in 2022 in line with its Southeast Asia penetration strategy.

Source
FinTech Intellectual Property North America Property Management Real Estate Software

HomeLight closes on $100M Series D at a $1.6B valuation as revenue surges

– HomeLight, a real estate technology platform, secured $263m in debt financing.
– The financing was led by Zeev Ventures and joined by Group 11, Stereo Capital, Menlo Ventures and Lydia Jett of the SoftBank Vision Fund.
– The financing brings HomeLight’s valuation to $1.6 billion.
– The company plans to triple its revenue to over $300 million in 2021.

Source
Latin America Property Development Property Management Real Estate

Flat.mx raises $20M from VCs, proptech unicorn founders to fix Mexico’s ‘broken’ real estate market

– Flat.mx, a real estate marketplace, raised $20m in Series A funding.
– The round was led by Anthemis and 500 Startups, and joined by ALLVP and Expa.
– Other investors include Opendoor CEO and co-founder Eric Wu, Flyhomes’ co-founder and CEO Tushar Garg, and Divvy Homes’ co-founder Brian Ma.
– The company plans to use the funding to expand its operations in Mexico and Latin America.

Source
Hospitality Location Based Services North America Property Management Real Estate Software

Sugar Closes $2.5M Seed Round to Continue Growth, Expand Talent

– Sugar, the venture-backed proptech company turning apartment buildings into interactive communities, has announced that it has closed a $2.5M seed funding round.
– The funding was led by a prestigious group of key strategic investors across property tech, community and innovation.
– It will be used to drive Sugar’s continued growth and expand its talent.

Source
B2C Information Services Management Information Systems North America Property Management

a16z leads investment in Firemaps, a marketplace for home hardening against wildfires

– Firemaps, a startup that makes it easier to harden homes against wildfires, raised $5.5m in funding.
– The round was led by a16z and joined by Uber CEO Dara Khosrowshahi and Addition’s Lee Fixel.
– The company is led by Jahan Khanna, who co-founded it along with his brother, who has a long-time background in civil engineering, and Rob Moran.
– The trio spent cycles exploring how to work on climate problems, while staying focused on helping people in the here and now.

Source
Commercial Real Estate Home Services Property Management Real Estate SaaS Software Western Europe

Plentific Raises $100M in Series C Funding

– Plentific is a London, UK-based platform for smart property management.
– The company raised $100m in Series C funding.
– The round was led by new investors Highland Europe and Brookfield Technology Partners alongside Mubadala Investment Company (Mubadala) and RXR Digital Ventures, as well as existing investors A/O PropTech and Target Global.
– The new investment will be used to expand the company’s presence in the United States, and globally, and to accelerate its engineering and product development to increase digitalisation across the property and facilities management space.

Source
Internet Latin America Property Management Real Estate Rental Software

São Paulo’s QuintoAndar real estate platform raises $120M, now valued at $5.1B

– QuintoAndar, a Brazilian proptech, raised $120m in Series E funding.
– The round was led by Greenoaks Capital and Tencent, and joined by Ribbit Capital, and others.
– It brings QuintoAndar to a valuation of $5.1 billion.
– The company plans to enter the Mexican market as its first expansion outside of its home country.

Source
Consumer Lending Finance Lending Mobile Apps North America Property Management Real Estate

Reali Raises $250M in Funding

– Reali is a real estate and fintech company based in San Mateo, California.
– The company raised $250m in Series D funding.
– The round was led by Zeev Ventures with participation from Akkadian Ventures, Signia Ventures, and others.
– The new investment will be used to accelerate national expansion and product advancements to its Reali Trade-In and Reali Cash Offer services.

Source
Marketplace North America Property Management Real Estate

Sundae Raises $80M in Series C Funding

– Sundae is a San Francisco, CA-based residential real estate marketplace.
– The company closed $80m in Series C funding.
– The round was co-led by Fifth Wall and General Global Capital, with participation from QED Investors, Wellington Management, Susa Ventures, Founders Fund, First American Financial, Prudence Holdings, Crossover VC, Intersect Capital, Gaingels, and Oberndorf Ventures.
– The company intends to use the funds to continue expanding to new markets, investing in its online marketplace platform and digital tools for sellers and buyers, and building brand awareness to reach more homeowners and property investors across the country.

Source
InsurTech North America Property Management Real Estate Software

JLL, Khosla lead Jones’ $12.5M Series A for real estate vendor compliance

– Jones, a commercial real estate startup, raised $12.5m in Series A funding.
– The round was led by JLL Spark and Khosla Ventures that also included strategic investors Camber Creek, Rudin Management, DivcoWest and Sage Realty.
– The company also manages certifications and approvals, moving the whole process online.
– Its technology can process an insurance certificate in less than an hour and reduce the overall vendor approval time to 2.5 days — from 12 days — with 99.9% accuracy.

Source
Artificial Intelligence Electronics Energy Energy Efficiency Facility Management Internet of Things North America Property Management Smart Building Software

75F Raises $28M in Funding

– 75F from San Francisco provides IoT, Cloud Computing and Machine Learning for data-driven, proactive building intelligence and controls for HVAC and lighting optimization.
– The company raised $28m in Series B funding.
Siemens AG led the round with participation from Bill Gates’ Breakthrough Energy, OGCI Climate Investments, and Wind Ventures.
– The new investment will be used to accelerate the company’s growth, expand operations and business reach.

Source
Accounting Artificial Intelligence Financial Services FinTech Information Technology Machine Learning North America Property Management Real Estate Software

Accounting firm Proper banks $9M Series A to automate property management

– Proper, an automated accounting and bookkeeping service for property managers, announced it raised $9 million in Series A funding in a round led by QED.
– Existing investors MetaProp, Expa and Bling Capital also participated in the round, which gives the San Francisco-based proptech company a total amount raised of $13.8 million.
– The company brought in $4.8 million of seed funding last August.
– Proper’s tech-enabled service is designed to execute those specific real estate accounting-related processes and apply automation to those that are repetitive.
– The company said property managers with 1,000 doors can see 63% higher profit margins and spend 45% less time per year on accounting.
– Rojas says accounting automation in real estate has been neglected with few startups stepping up to solve it like Proper is.

Source
North America PaaS Property Management Real Estate SaaS Software

Entrata Raises $507M in Funding

– Entrata is a multifamily industry’s technology platform.
– The company raised $507m in funding led by Silver Lake, Qualtrics Founder Ryan Smith and Vivint Smart Home Founder Todd Pedersen with participation from Dragoneer, Domo Founder and CEO Josh James and other strategic investors.
– The new investment will be used to more than double its research and development spend in the platform in the coming years, adopt a go-to-market strategy including international expansion planned in the near future, and invest in personnel and improve efficiencies in the client experience.

Source
Interior Design Mobile North America Property Insurance Property Management Real Estate Real Estate Investment Real Time Rental Property Search Engine Video

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.

Source
North America Online Portals Property Management Rental Property

Lessen Raises $35M in Series A Funding

– Lessen is a Scottsdale-based marketplace platform that unites property owners and service professionals to deliver property services.
– The company closed a $35m Series A funding round.
– The round was led by Fifth Wall, with participation from Khosla Ventures, General Catalyst and Navitas Capital.
– The new investment will be used to develop new technology products, new field operations teams, and market expansion.

Source
North America Predictive Analytics Property Management Real Estate

Vero Raises $5M In Series A Funding

– Vero is a NYC-based leasing infrastructure for owners and renters.
– The company raised $5m in Series A funding.
– The round was led by Eleven Capital with participation from strategic investors LeFrak and A&E.
– The new investment will be used to expand the team and fuel product growth.

Source
Mobile Apps North America Property Management Real Estate

Mynd Raises $40M in Financing

– Mynd is a platform for Single Family Rental (SFR) properties across the United States.
– The company raised $40m in Series B funding.
– The round was led by Invesco Real Estate, a global real estate investment manager.
– The new investment will be used to accelerate the company’s technology platform for real estate investment and management, scale all aspects of business operations, and expand the capabilities of its acquisitions and renovations arm.

Source
Internet Latin America Property Management Real Estate Rental Software

Brazilian proptech startup QuintoAndar lands $300M at a $4B valuation

– QuintoAndar, a proptech startup, raised $300m in Series E funding.
– The round was led by Silicon Valley-based Ribbit Capital and joined by SoftBank’s LatAm-focused Innovation Fund, LTS, Maverick, Alta Park, an undisclosed U.S.-based asset manager fund with over $2 trillion in AUM, Kaszek Ventures, Dragoneer and Accel partner Kevin Efrusy.
– The company plans to use the funding to expand its services to include mortgage, title, insurance and escrow services.

Source
Content Creators North America Property Management Real Estate Software

Aryeo Raises $3.65M in Seed Funding

– Aryeo, a Boston, MA-based proptech startup offering a platform to manage, syndicate and utilize content in the real estate industry, raised $3.65m in seed funding.
– The round was led by Hyperplane VC and Amplo with participation from Contrary, Jon Oringer, founder of Shutterstock, and Bill Clerico, founder of WePay.
– The company intends to use the funds to continue to expand operations and business reach.

Source
Information Technology North Africa and the Middle East Property Management Rental Rental Property Software

Guesty Scores $50M Series D Round

– Guesty, the leading property management platform that automates and streamlines all complex operational needs accompanying short-term rental management, has raised $50m Series D funding.
– The round was led by the Apax Digital Fund with participation from the AMI Opportunities Fund, both advised by Apax Partners.
– Existing investors Viola Growth, Flashpoint, Vertex Ventures, Kingfisher Investment Advisors and La Maison Partners also participated.

Source
Artificial Intelligence Insurance Machine Learning North America Predictive Analytics Property Management Real Estate Investment

Arturo Raises $25 Million in Series B Funding for AI Platform to Help P&C Insurers and Banks Better Understand Physical Properties

– Arturo, an AI-powered platform that derives property insights and predictive analytics from aerial and satellite imagery, raised $25m in a Series B funding round led by Atlantic Bridge Capital, with participation from RPS Ventures and existing investors Crosslink Capital and IAG Firemark Ventures – the venture capital fund for IAG, Australia’s largest general insurer.
– With the capital in hand, Arturo plans to expand its technical team to refine its industry-leading technology, which extracts valuable property data from the latest satellite, stratospheric, aerial and ground-level imagery, as well as unique proprietary data sources, in as little as five seconds.

Source
Financial Services North America Property Management Real Estate

Doorstead, a Full-Service Property Manager That Provides Cash-Flow Certainty to Residential Landlords with Its Upfront Rental Guarantee, Raises $12.5 Million in Series A Funding

– Doorstead, a technology-operations company that specializes in full-service property management, announced today that it has raised $12.5 million in Series A funding.
– The round was led by Madrona Venture Group, an early investor in tech-enabled residential real estate brokerage Redfin. The oversubscribed round also included operating executives from OpenDoor, Uber, and Docusign.
– Doorstead was founded by Uber and Y Combinator veterans Ryan Waliany and Jennifer Bronzo in 2019 to create a new class of property management that applies AI and technology operations to simplify the lives of residential landlords.
– The company targets the 15 million small real estate investors who own 95% of single-family rental residences in the U.S. and are largely underserved today.

Information Services Property Management Real Estate Rental Property South America

Real estate platform Loft raises $425M at a $2.2B valuation in one of Brazil’s largest venture rounds

– Loft, a digital real estate platform, raised $425m funding.
– The round was led by D1 Capital Partners and joined by new and existing investors.
– It values Loft at $2.2 billion.
– The company plans to use the funding to expand its presence in Brazil.

Source
Electronics Energy Energy Efficiency Facility Management Internet of Things North America Property Management Smart Building Software

75F Closes $23M in Series A Funding

– 75F from San Francisco develops a BMS system that leverages IoT, Cloud Computing and Machine Learning for data-driven, proactive intelligence and controls for HVAC, lighting, and energy optimization.
– Series A funding round was led by Wind Ventures – the corporate venture capital (CVC) group of Copec.
– Company intends to use the funds to further expand innovations in energy savings and market reach.

Source
Construction Energy Efficiency North America Property Management SaaS Software Sustainability

Ecomedes Closes $3.25M Seed Funding Round

– Ecomedes is a San Francisco, CA-based developer of building product optimization in the cloud.
– The company completed a $3.25M seed financing round.
– The round was led by M12, with participation from NOVA by Saint-Gobain, PivotNorth, Mission Innovations Network, and AM Ventures.
– The funding will be used on collaboration tools.

Source
Analytics Consumer Reviews Customer Service North America Property Management Real Estate Reputation SaaS Software

Opiniion Raises $3M in Financing

– Opiniion is a software company based in Lindon, Utah.
– The company raised $3m in funding.
– The round was led by the Frazier Group, with participation from RET Ventures, AIM Ventura Capital and Tamarak Capital Partners.
– The funding will be used to continue to expand operations and business reach.

Source
Artificial Intelligence FinTech Insurance InsurTech North America Property Management Real Estate Rental Property

Insurtech Platform Company LeaseLock Secures $52 Million

– LeaseLock is a leading insurtech platform for real estate.
– The company raised $52m in Series B funding.
– The round was led by Westerly Winds (founding partners from BlackRock) and Wildcat Venture Partners.

Source
Crunchbase icon

Content report

The following text will be sent to our editors: