Stake secures $12M in Series A funding to incentivize renters

Stake, which offers banking services and cash rewards to renters for being proactive in their occupancy, has secured a Series A funding round of $12 million. Continue reading

Flat-fee HomeLister to use Series A funding for national expansion

Already in 17 markets, the alternative sales platform secured $10 million in a Series A round led by M13 and Homebrew. It’s the second flat-fee or discount service to earn financing this month, joining HomeLight. Continue reading

Mortgage Coach and Sales Boomerang merge under new CEO

Richard Harris, a veteran of SparkPost, Oracle and AddThis, will lead the merged company, which said it will employ 144 people with no layoffs anticipated. Continue reading

Proptech investor Paul Hurst sees a ton of opportunity in market shift

The problems that proptechs are trying to solve — inefficiencies in real estate transactions — remain, said Parker89 Managing Director Paul Hurst, while speaking at Connect Now. Continue reading

Notarize lays off 110 employees, cites Sequoia’s warning to startups

Having “created a category” — remote online notarization — CEO Pat Kinsel says the company must evolve to survive a potential downturn. Continue reading

Rental market not immune to cuts as Zumper lays off 15% of staff

A cooling real estate market has already led to cuts at companies far and wide. The San Francisco-based rental search portal is the latest. Continue reading

HomeLight raises $115M and acquires cash offer rival Accept.inc

Scottsdale, Arizona-based HomeLight announced that its all-stock deal raises the company’s valuation to $1.7 billion and makes it the largest “agent-focused” cash offer program in the U.S. Continue reading

Revolution RE to use $3M in VC to empower landlord business data

The data aggregation and workflow automation company Revolution RE received a relatively modest monetary injection of $3 million. Continue reading

CRMLS and Perchwell ink deal to launch new platform in 2023

The agreement to launch an MLS platform for subscribers comes six months after California Regional MLS bought an equity stake in Perchwell through its venture capital fund. Continue reading

Power Buyer Knock revamps board of directors

Representative of NAR’s venture capital arm, Second Century Ventures, will serve as an observer on Knock’s board of directors. Continue reading