article thumbnail

Fintech Startup Backflip Gains Series A Round for Platform Supporting Real Estate Entrepreneurs

American Entrepreneurship

$15 Million Series A supports the startup’s growth with a $10M Net Revenue Run Rate In 2021 real estate fintech startup Backflip launched an all-in-one platform for real estate entrepreneurs to support their acquisition and renovation of single-family homes. Over 400,000 homes are flipped every year in the U.S.

article thumbnail

São Paulo’s QuintoAndar real estate platform raises $120M, now valued at $5.1B

TechCrunch

evolve into a one-stop real estate shop that also offers mortgage, title insurance and escrow services. To that end, e arlier this month, the startup acquired Atta Franchising, a 7-year-old São Paulo-based independent real estate mortgage broker. Last year, it also expanded into connecting home buyers to sellers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Groundfloor steps up its real estate debt crowdfunding platform with fresh capital

TechCrunch

Groundfloor , the first real estate crowdfunding platform to gain regulatory approval, announced today that it raised its first round of institutional capital since 2015. Groundfloor’s platform offers investments in real estate debt to its 150,000+ users, with a minimum investment of $10. in convertible notes.

article thumbnail

Burn, baby, burn. Real estate-focused fintech startups feel the heat

TechCrunch

Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the real estate industry. Layoffs in the sector began — and they took place in a range of real estate tech companies, big and small. Low interest rates mean more purchases and refinances.

article thumbnail

As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform

TechCrunch

It has a robotic camera, combined with a subscription service, which enables real estate agents and brokers to generate high-resolution photos of properties, floor plans and virtual tours. This is 30% lighter, charges faster and comes with 500 GB of on-board storage. Back in 2020, another player, Giraffe360, raised $4.5

article thumbnail

Side raises $150M at $1B valuation to help real estate agents go it alone

TechCrunch

Side , a real estate technology company that works to turn agents and independent brokerages into boutique brands and businesses, announced Monday that it has raised $150 million in Series D funding. 9 top real estate and proptech investors: Cities and offices still have a future.

article thumbnail

The Future of the Workplace is Flexible

Revolution

Yet, last month Convene celebrated a major and hard-fought victory: a recapitalization plan led by Hudson’s Bay Company (a retail and real estate holding company giant that owns, among others, the storied Saks Fifth Avenue brand) and Ares Management. Particularly, as employers have re-evaluated their need for serious real estate.