#PropTech / Built, nCino team up to digitize construction lending

Fintechs partner to offer an integrated solution that provides real-time visibility into construction projects Built Technologies, which has developed construction finance software, announced Tuesday that it has integrated its platform into the nCino Bank Operating System. … nCino has developed a cloud-based operating system for financial institutions and recently went public in an impressive debut.Continue reading “#PropTech / Built, nCino team up to digitize construction lending”

#PropTech / Procore acquires Esticom ‘to invest in the future of preconstruction’

… construction tech unicorn Procore Technologies announced Tuesday morning that it has bought Esticom … [which] has developed cloud-based estimating and takeoff software focused on preconstruction… Procore said the acquisition will add “powerful estimating functionality” to its platform, complementing its preconstruction offering by “enabling greater accuracy in cost estimates, helping general contractors and specialty contractorsContinue reading “#PropTech / Procore acquires Esticom ‘to invest in the future of preconstruction’”

#PropTech / WoHo Raises $4.5M in Seed Funding, led by The Engine, to Transform the Design and Construction of Resilient Living and Working Spaces

WoHo (World Home), a technology company that transforms the way spaces are conceived and created… raised $4.5 million in seed funding. The company integrates architecture, engineering and construction into a single, streamlined platform to quickly design and construct high quality buildings. The investment round was led by The Engine, the venture firm spun out ofContinue reading “#PropTech / WoHo Raises $4.5M in Seed Funding, led by The Engine, to Transform the Design and Construction of Resilient Living and Working Spaces”

#PropTech / Uber’s Kalanick Pours $130M Into Ghost Kitchen Properties

In making his new ghost kitchens startup CloudKitchens, ex-Uber Co-founder Travis Kalanick has become something of a real estate mogul, buying up 40 properties in two dozen cities… The properties, including closed restaurants, body shops and warehouses and are in cities including Portland, Oregon; Las Vegas, Nevada; Columbus, Ohio; and Nashville, Tennessee. The concept behindContinue reading “#PropTech / Uber’s Kalanick Pours $130M Into Ghost Kitchen Properties”

#PropTech / OJO Labs acquires personal finance platform Digs

… Digs is an FDIC-insured platform that helps consumers set and track savings goals, learn about the buying process, and understand credit. With this acquisition, OJO Labs hopes to help homebuyers and homeowners navigate financial responsibilities like saving for a down payment, securing the right lender, building equity and saving for renovations… [OJO Labs:] “TheContinue reading “#PropTech / OJO Labs acquires personal finance platform Digs”

#PropTech / WeWork’s Adam Neumann Returns to Real Estate With Startup Investment

Adam Neumann is back to exploring one of his WeWork-related passions: the future of residential living. Neumann, WeWork’s co-founder who left last year during a floundering attempt to go public, invested $30 million in Alfred Club Inc., a startup that provides apartment buildings with services such as concierge-like staff and software to manage maintenance requestsContinue reading “#PropTech / WeWork’s Adam Neumann Returns to Real Estate With Startup Investment”

#AI #PropTech / PassiveLogic Secures $16 Million in Series A Funding to Launch First Autonomous Building Platform and Standard

PassiveLogic was founded in 2016 by Troy Harvey and Jeremy Fillingim to bring autonomous controls advancements from self-driven vehicles to the larger buildings market, with the vision of democratizing the technology so that users can design their own custom autonomous systems, without needing an engineering team. PassiveLogic’s autonomous building systems can be installed in newContinue reading “#AI #PropTech / PassiveLogic Secures $16 Million in Series A Funding to Launch First Autonomous Building Platform and Standard”

#PropTech / Mexico City-based Hospitality Startup Casai Raises $48M

Casai, which draws its name from “Casa Intelligente,” or “smart home,” was born out of co-founder and CEO Nico Barawid’s frustration of having to choose between a hotel and an Airbnb rental that often wasn’t up to standard. The idea behind Casai is that travelers get luxury amenities, locally sourced designs for apartments, and high-techContinue reading “#PropTech / Mexico City-based Hospitality Startup Casai Raises $48M”

#PropTech / Kasa Living, Inc. Raises $50 Million in Funding to Accelerate Growth of Accommodations Brand

Kasa is leading a new wave of innovation in the hospitality industry, leveraging its proprietary technology and institutional expertise to transform vacant and underutilized real estate into high-quality, trustworthy accommodations for travelers. To date, the company has entered into management agreements with multifamily and hotel property owners in 35 markets across 15 states, enabling itsContinue reading “#PropTech / Kasa Living, Inc. Raises $50 Million in Funding to Accelerate Growth of Accommodations Brand”

#PropTech / Snapdocs raises $60M to manage the mortgage process in the cloud

Snapdocs, which is used by some 130,000 real estate professionals to digitally manage the mortgage process and other paperwork and stages related to buying a home, has raised $60 million in new equity funding on the heels of a few bullish months of business. In August 2020… the startup saw 170,000 home sales, totaling someContinue reading “#PropTech / Snapdocs raises $60M to manage the mortgage process in the cloud”