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Deepki grabs $166 million to help real estate investors reduce carbon emissions

TechCrunch

The company is building a software-as-a-service platform for the real estate industry. Companies using Deepki can track and analyze ESG (Environmental, Social, and Governance) criteria, starting with carbon emissions generated by their real estate portfolio. This represents a huge market opportunity for Deepki.

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Compass files S-1, reveals $3.7B in revenue on net loss of $270M

TechCrunch

Compass , the real-estate brokerage startup backed by roughly $1.6 The company’s last fundraise was in July 2019, when Compass — a company that has built a three-sided marketplace for the real estate industry, along with a wide set of algorithms to help make it work — raised a $370 million round of funding. 31, 2020.

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Knock is the latest proptech said to be eyeing the public markets

TechCrunch

“We pioneered the real estate transaction revolution over five years ago and our priority is to build a war chest to dramatically widen the already cavernous gap between us and any unoriginal knock-offs.” We’re able to lend some money before an owner’s [old] house is even listed on the market.” . billion in 2014.

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SEC ends investigation into Better.com, which continues to bleed cash ahead of planned SPAC vote

TechCrunch

Better.com itself had seen its fair share of turbulence since it announced its plans to merge with a SPAC, including multiple botched layoffs (more on those here and here ) and changing market conditions that impacted parts of its business, including a surge in mortgage interest rates. It also continues to bleed cash.

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JLL reinvents itself for the AI era

CIO

City skyscrapers and office parks may remain scarcely occupied in the post-pandemic work era, but commercial real estate player JLL’s business is not slowing down, thanks to the company’s embrace of technology and high-growth opportunities to adapt and prosper. Commercial real estate covers many different things,” Morin says. “We

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Unpacking Chamath Palihapitiya’s SPAC deals for Latch and Sunlight Financial

TechCrunch

There’s no escaping SPACs for a bit, so if you are tired of watching blind pools rip private companies into the public markets, you are not going to have a very good next few months. There are nearly 300 SPACs in the market today looking for deals, and many will find one. The Exchange explores startups, markets and money.

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ARR per employee is the north star efficiency metric you’ve been looking for

TechCrunch

In the first installment of our Cloud Quarterly report series, we spoke about how the market has shifted to valuing cloud companies’ profitability, even when it comes at the expense of growth ( this thread on Twitter goes in-depth into that data ). It is still imperative to be the winner in your market. Our advice for cloud CEOs?

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