Does Luxury Presence’s $37M Series C forecast a big year for proptech investment?

Luxury Presence’s Series C consists of $22 million in equity financing led by repeat lead investor Bessemer Venture Partners. Others taking staking in the round include NextEquity, GSBackers, TPC, and Adam and Jade Mills. The round was finalized with a… Continue reading

From Vegas to venture capital: Navigating the uncertain path of the proptech founder

Proptech founders have an uncertain path to profitability and worse, there is no definitive course to get them there. Inman columnist Craig C. Rowe interviewed entrepreneurs at different stages of company growth to better understand how they manage sca… Continue reading

Is the ‘proptech winter’ ending? This is what investors are watching

Some companies that were red-hot during the COVID housing market had to either pivot or die when rates rose and major funding rounds dried up. But green shoots may be emerging. Continue reading

Opendoor aims for 2-minute pre-approvals with new app

The new app combs through data and comes up with a maximum price a consumer should be able to afford. Opendoor believes the process will be faster and easier for consumers than traditional pre-approvals. Continue reading

Opendoor acquires digital mortgage company

San Francisco-based RedDoor has developed a quick pre-approval process for consumers and will see its products integrated into the iBuyer’s lending services. Continue reading