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

TechCrunch

Flat.mx, which wants to build a real estate “super app” for Latin America, has closed on a $20 million Series A round of funding. That September, the proptech startup had raised one of Mexico’s largest pre-seed rounds to take the Opendoor real estate marketplace model across the Rio Grande. Previously, Flat.mx

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Vontive wants to be the Palantir of real estate investing

TechCrunch

residential real estate market has been booming because of the pandemic. Although the rise in home prices has shut many people out of the market, it’s been highly lucrative for those who own property. As a result, accessing capital can be a major hurdle for real estate investors, according to McKinney.

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Fractional lands $5.5 million to let friends (and strangers) invest in real estate together

TechCrunch

As teammates at buy now, pay later fintech Affirm, Stella Han and Carlos Treviño bonded over their shared background of growing up in real estate families. Fractional , a San Francisco-based startup, wants to make real estate ownership more accessible. Community is the new AI. Or another refuses to upgrade the kitchen?

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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. Factor in that more people were spending more time at home than ever due to COVID shelter-in-place orders, home took on new meaning.

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Proptech in Review: Investors predict slower growth in 2023

TechCrunch

But in the past few decades, the lens through which we view real estate and property development has slowly blurred. Qu: The sector has been hurt in 2022, in some ways disproportionally more than others, by the broader tech market reset. Building and owning a home has been part of human life for as long as civilization itself.

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Popmenu earns raves from investors for its marketing and delivery software for restaurants

TechCrunch

Popmenu , he company he co-founded with three former colleagues from software businesses around the Atlanta area (and which has closed on $17 million in new financing) offers a solution. Popmenu does more than just prettify webpages for the savory savants whose coding skills may not match their craft in the kitchen.

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Proptech in Review: 3 investors explain how finance-focused proptech startups can survive the downturn

TechCrunch

Startups operating in the financial side of the real estate tech market suddenly faced a surge in demand, and many departed on hiring sprees to keep up. As interest rates soared even higher, the once frothy market morphed into an environment where only the fittest could survive. Layoffs became widespread.