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Real estate CIOs drive deals with data

CIO

The residential real estate industry may not be perceived to be as digitally aggressive as Wall Street titans and multinational manufacturing conglomerates. Augmenting real estate relationships with data Keller Williams, another leading residential player, also kicked off its digital transformation roughly seven years ago.

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Real estate marketing software provider Luxury Presence raises $25.9M in a Bessemer-led Series B

TechCrunch

Luxury Presence, a startup selling marketing software to real estate brokerages, announced today it has raised $25.9 The company serves 3,700 customers, including individual and multi-agent real estate teams. Surging demand for second homes has also catalyzed the luxury real estate segment in the past year.

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Burn, baby, burn. Real estate-focused fintech startups feel the heat

TechCrunch

As we all know, the housing market goes through cycles. Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the real estate industry. At the same time, as the venture market slowed dramatically and suddenly, raising capital was much harder. Fintech for good?

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

TechCrunch

Commercial real estate tenants and property managers have to abide by strict liability rules that any vendor entering the property must have insurance certificates and meet other requirements. To continue advancing its network, the company announced Monday it raised $12.5 Enter Jones. He estimates the U.S.

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Butlr lands new cash to put people-detecting sensors in the office

TechCrunch

Co-founder and CEO Honghao Deng said that the proceeds will support product development and expanding Butlr’s 50-person workforce, specifically its go-to-market team. Deng asserts that many companies are flying blind when it comes to real estate. ” To date, Burlingame-based Butlr has raised $29.1

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Even decacorns have their challenges

TechCrunch

And while the company claims to be “in a strong financial position with many years of runway,” it adds that its shift away from SMBs to focus more on enterprise customers — and, by default, any related layoffs — will put the company “on a path to sustainable profitability over the next few years.”. billion valuation. Weekly News.

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Bilt Rewards banks $60M growth on a $350M valuation to advance credit card benefits for renters

TechCrunch

The investment comes from Wells Fargo and Mastercard and a group of the nation’s largest real estate owners, including The Blackstone Group, AvalonBay Communities, Douglas Elliman, Equity Residential, GID-Windsor Communities, LENx, The Moinian Group, Morgan Properties, Starwood Capital Group and Related.