REACH Commercial announces latest proptech class

The seven startups that are part of REACH Commercial’s latest class each promise to advance the way commercial brokerages service the industry, ranging from a green building resource solution to a pro-small business engine to help entrepreneurs own the… Continue reading

Perchwell’s $25M Series B revs up idling VC market

Brokerage and MLS software platform Perchwell has closed on a Series B round of funding led by Lux Capital. Continue reading

VC partner: AI will be ‘as fundamental as the steam engine’

Delian Asparouhov, a partner at Founders Fund, talked on Wednesday about his plans to manufacture drugs in space and urged real estate agents to lean into tech. Continue reading

Aven lands $142M in funding to take HELOC credit card nationwide

Former Fannie Mae and Freddie Mac chief executives Tim Mayopoulos and Michael DeVito are joining a newly formed advisory board in conjunction with a funding round led by Khosla Ventures. Continue reading

Are renters beating the system with Bilt Mastercard rewards card?

Card issuer Wells Fargo is losing as much as $10 million a month as it eats interchange fees for users who are paying off balances after paying their rent, “The Wall Street Journal” reports. Continue reading

Rental screener Findigs closes on $27M Series B funding round

Rental industry software provider Findigs has raised $27 million in a Series B round, bringing its total raised to date to $48 million. Continue reading

Newrez laying off nearly 500 workers after Rithm acquisitions

Pending layoffs of 420 Newrez employees in Colorado and 53 workers in Florida follow $1.4 billion in acquisitions as parent company Rithm seeks to diversify beyond mortgage lending. Continue reading

Even sweeter. Honey Homes draws $9.25M with latest funding round

Era Ventures, led by Clelia Peters, was the lead investor in the round, its second since October, according to an announcement Thursday. Khosla Ventures and Pear VC also contributed to the round. Continue reading

On the verge of going private, Doma Holdings is still in the red

San Francisco-based title tech provider, set to be acquired by Title Resources Group, posts a $20.6 million Q1 2024 net loss, down 46 percent from a year ago. Continue reading