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Real estate platform Loft raises $425M at a $2.2B valuation in one of Brazil’s largest venture rounds

TechCrunch

Buying and selling residential real estate is a complex business, no matter where you live. But in Brazil, where no MLS exists, the challenge of digitizing real estate is even greater. real estate tech company with the closest model to Loft’s is probably Zillow, according to Pencz. Image courtesy of Loft.

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The Future of Hospitality is Here

Revolution

Image courtesy of Mint House Real estate lies at the core of our everyday lives?—?it Yet, technology adoption within the real estate community as a means to fundamentally disrupt how physical assets behave and how transactions occur was lagging up until the last couple of years.

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NJEDA Board Approves Program to Expand Access to Capital for Emerging Developers

American Entrepreneurship

(November 21, 2023) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved a new $20 million pilot program to support rising real estate developers. The Emerging Developer Fund will help developers gain access to capital and build additional capacity to expand their existing portfolio.

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Layoffs spell opportunity for some fintech startups

TechCrunch

Kikoff is hiring for 10 roles (a mix of hybrid and remote), including senior product manager, associate product manager, senior product designers, engineers and a growth marketing manager. Stay tuned, and please feel free to share with anyone looking for a new opportunity! He was also the CEO and president of QuickBooks Capital.

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Arrenda emerges with Adelanta, a financing offering for landlords in Latin America

TechCrunch

Arrenda , a Mexico City-based fintech company, is offering digital financial services to the real estate market of Latin America and closed on $26.5 The funding round was a mix of $1.5 Joe Merullo, founder and CEO, grew up in Boston and started his first business in real estate at 19 years old.

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Placer.ai, a location analytics startup, finds $100M at a $1B valuation

TechCrunch

Many of us are moving around these days a lot less than we used to — because of COVID, we’re working from home instead of an office; and we are traveling and going out less. The round is coming from an interesting mix of strategic and financial investors. Placer has confirmed that the round values it at $1 billion.

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Kocomo raises millions to give people a way to co-own a luxury vacation home

TechCrunch

The company aims to allow for cross-border co-ownership of luxury vacation properties that goes beyond the historical use of timeshares. Buying an entire vacation home that I was only going to use a few weeks a year, and which I’d have to manage myself, seemed wasteful, stressful and outdated,” he said.