Tag Archives: Venture Capital

iBuying can be huge, even if it remains a niche industry tool

By | | Uncategorized
Comments Off on iBuying can be huge, even if it remains a niche industry tool

Mike DelPrete found that iBuyers’ business model differs from traditional home flippers. He also suggested iBuyers can profit from staying in their lanes. Continue reading →

SoftBank posts $6.4B loss, CEO ‘regrets’ WeWork investment

By | | Uncategorized
Comments Off on SoftBank posts $6.4B loss, CEO ‘regrets’ WeWork investment

The company also reported it lost $4.6 billion in its WeWork stock value after WeWork’s failed initial public offering earlier this year. Continue reading →

Opendoor appoints new batch of executives, board members

By | | Uncategorized
Comments Off on Opendoor appoints new batch of executives, board members

The new leaders — none of whom have backgrounds in real estate — have previous experience working at Amazon, Netflix, Hulu and in the venture capital industry. Continue reading →

Online, DIY brokerage Savvy Lane secures $2M, expands to SoCal

By | | Uncategorized
Comments Off on Online, DIY brokerage Savvy Lane secures $2M, expands to SoCal

Discount broker Savvy Lane uses a small team of remote, tech-powered agents and 1 percent listing fee to win deals. It also facilitates a for-sale-by-owner option with low-fee MLS listings. Continue reading →

Patch Homes, another cash-for-equity startup, clinches funding

By | | Uncategorized
Comments Off on Patch Homes, another cash-for-equity startup, clinches funding

With an additional $5 million in financing, Patch Homes is among a growing list of startups that let homeowners sell an equity stake in their home for cash. Continue reading →

MoxiWorks eyes acquisitions, growth with new capital

By | | Uncategorized
Comments Off on MoxiWorks eyes acquisitions, growth with new capital

Brokerage-owned real estate tech startup MoxiWorks announced Thursday it’s received “a meaningful growth equity investment” from private equity firm Vector Capital. Together with part-owners Windermere Real Estate, Howard Hanna Real Estate Services and… Continue reading →

An estimated $4B will flow to U.S. proptech companies in 2019 – that’s just the beginning

By | | Uncategorized
Comments Off on An estimated $4B will flow to U.S. proptech companies in 2019 – that’s just the beginning

An estimated $4 billion is forecasted to flow into the U.S. real estate technology (proptech) space in 2019, a record for the industry, according to a new report from CB Insights, but experts in the space say the industry hasn’t come close to reaching … Continue reading →

Fund That Flip gets $11M for lending platform

By | | Uncategorized
Comments Off on Fund That Flip gets $11M for lending platform

The home financing platform is for experienced home investors and recently secured $11 million in funding from Edison Partners of Princeton, New Jersey. Continue reading →

Mortgage startup snags $160M funding round

By | | Uncategorized
Comments Off on Mortgage startup snags $160M funding round

Better.com, a fintech startup that aims to digitize and streamline the entire mortgage process, announced Monday, it’s raised $160 million for its Series C funding round. The startup has raised $254 million to date, and its latest investor round includ… Continue reading →