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Former Zillow execs raise $70M seed round for Tomo, which wants to simplify the mortgage process

TechCrunch

The latest startup to raise venture money with the goal of making the process “smarter and faster” is one that was founded by a pair of executives that spent years at real estate giant Zillow. according to Crunchbase), but especially for the real estate tech space (perhaps the largest ever). They were once rivals.

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MakeSpace Raises an Additional $17.5 million and Unveils Strategy to Make Public Storage the Next Blockbuster Video

Both Sides of the Table

We raised this capital in what has increasingly become a difficult market for fund raising so I’d like to share with you some details on how we get it done. Incumbents became increasingly annoyed with our successes in the country’s largest market – NYC – that they started even taking out ads against us.

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Infogrid raises $90M for its AI-driven building monitoring tech

TechCrunch

“Now was the time to raise the capital and use it to drive our expansion,” De Gruchy said. While working for strategic advisory firm Drystone Strategy, De Gruchy routinely visited companies that he was “diligencing” for private equity deals, including dairies, roofing companies and distribution warehouses.

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Early-stage fintech startups just got a new funding source

TechCrunch

Celebrating female-led ventures I, as many of you I’m sure, continue to be disappointed in the lack of LP (limited partner) dollars flowing toward female-led venture capital firms. As Moody’s points out, “the expansion aligns with a common technology firm strategy to increase the scope, utility and appeal of their digital platforms.” “If

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

In announcing the deal, they said: “DeFi-enabled B2B payment networks that are on chain can unlock transformative working capital efficiencies, and make financial services more fair and open, especially in developing markets like LATAM.”. and Mexico. As a result, they may have to sell.”. from the previous quarter” to $24.1

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Polly snags $37M in Menlo-led Series B to automate workflows for mortgage lenders

TechCrunch

Polly, a SaaS technology startup aiming to “transform” the mortgage capital markets, announced today that it has raised $37 million in a Series B funding round led by Menlo Ventures. Carmel believes Polly stands out from others in the industry in that it is helping create a fourth category in the mortgage sector — capital markets. “I

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Investing Outside The Bay Area

Haystack

From an investment point of view, managing and deploying capital in the same physical area makes sense, where investors can work with young companies and help them with a variety of things. San Francisco proper was #1, and taken on the whole, the Bay Area, of course, receives more venture capital investment than anywhere else, naturally.

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