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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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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. So in order to pull back that veil, towards the end of 2022, we decided to take an in-depth look into the trends and tech in property development and construction.

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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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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: 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.

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Infogrid raises $90M for its AI-driven building monitoring tech

TechCrunch

While on these “diligencing” visits, De Gruchy spotted what he describes as a lack of real-time digital data and visibility into “operational inefficiencies,” as well as health risks and environmental concerns surrounding buildings and facilities.

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CIOs take aim at SaaS sprawl

CIO

Years into strategies centered on adopting cloud point solutions, CIOs increasingly find themselves facing a bill past due: rationalizing, managing, and integrating an ever-expanding lineup of SaaS offerings — many of which they themselves didn’t bring into the organization’s cloud estate.