Artificial intelligence roused real estate amid a big year for proptech

Technology roared to life in 2023, sending a current of excitement across brokerages, MLS’s and the vendors who serve both. But it was AI’s rapid acceleration that drove the narrative. Continue reading

Closing escrow: Rebate-based Prevu lands $6M Series A

Alternative brokerage model Prevu secured $6 million in a Series A round of funding to continue providing its “Carvana-like,” technology-first brokerage service. Continue reading

Simply Homes funded $22M to apply AI to home affordability crisis

Simply Homes applies a more proptech-oriented approach by using an artificial intelligence-generated performance model to determine what each property will require to reach livability and in time, profitability. Continue reading

NAR opens application window for REACH tech accelerator

The National Association of Realtors’ for-profit venture capital arm, Second Century Ventures, runs the program. Applications are due by Jan. 31. Continue reading

Property management solution Revela revels in $9M Series A

Revela serves private and institutional single-family landlords, multifamily property managers and student housing companie. The funding was led by FirstMark Capital, and joining it was Detroit Venture Partners, MetaProp and Assurant Ventures Continue reading

Property management solution Revela revels in $9M Series A

Revela serves private and institutional single-family landlords, multifamily property managers and student housing companie. The funding was led by FirstMark Capital, and joining it was Detroit Venture Partners, MetaProp and Assurant Ventures Continue reading

Dwellsy’s consumer-first rental search earns $11.5M seed round

Dwellsy channels rentals from multiple portals, management systems and third-party listing sites across all residential property types and publishes industry trend reports. Continue reading

Vacation home solution Summer weathers autumn with $18M

Vacation home investment and management company Summer is marching through autumn a bit more secure about how they’ll handle winter. The company closed a fundraising round of $18 million. Continue reading

Better executives stand to collect up to $17M in ‘DeSPAC’ bonuses

The mortgage lender said $100 million in retention bonuses were distributed to employees in April, as promised, including $50 million from Better co-founder and CEO Vishal Garg’s personal equity. Continue reading

VC-backed Roam seeks to connect buyers to assumable mortgages

In theory, any government-backed FHA, VA and USDA loan is assumable, and with mortgage rates at levels not seen in two decades, interest in this little-used option has been growing. Continue reading