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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.

.Net 260
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Smart lock maker Latch teams with real estate firm to go public via SPAC

TechCrunch

The New York-based commercial real estate firm is a logical partner for a company whose technology is currently deployed exclusively in residential apartment buildings. Among other things, it’s probably a net positive if you’re going head to head against, say Amazon.

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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. You don’t have to clean it up.

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IT Vortex: The Effort to Achieve Net Zero Carbon Emissions is Far More Than a Business Goal

CIO

But that depends on our ability and commitment to take care of it properly.” — Lou Corriero, Vice President of Cloud Technologies at IT Vortex. Lou Corriero, Vice President of Cloud Technologies at IT Vortex, notes that the organization frees its customers to focus on their businesses, not the IT required to run them.

.Net 245
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ARR per employee is the north star efficiency metric you’ve been looking for

TechCrunch

He focuses on early- and growth-stage companies across technology sectors. As the market has turned, burn multiple (net burn / net new ARR) has emerged as a popular, all-encompassing way of looking at burn versus ARR growth. He focuses on software investments in companies at all stages of maturity. Jack Mattei. Contributor.

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YC-backed Homebase is an alternative to traditional mortgages for home buyers in Vietnam

TechCrunch

Co-founders Junyuan Tan and Phillip An originally started Homebase in Singapore, but decided to focus on Vietnam because Tan had lived there while working on his previous startups, RePrice Technologies and Atlantis Lab. Tan wanted to buy a home, but found bank mortgages charged high interest rates even on short-term loans.

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Singapore wealth management platform Endowus raises $35M

TechCrunch

Participants also include “four of Asia’s wealthiest families,” the startup said in its press release, whose operating businesses encompass banking and real estate across Southeast Asia and China. We may see some players exit the market, and smaller players closing down.”