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Sundae closes on $80M for residential real estate marketplace

TechCrunch

Sundae , a residential real estate marketplace that pairs sellers of dated or damaged property with potential buyers, has raised $80 million in a Series C funding round co-led by Fifth Wall and General Global Capital. 9 top real estate and proptech investors: Cities and offices still have a future.

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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. Venture dollars flowed into proptech after proptech. At the same time, as the venture market slowed dramatically and suddenly, raising capital was much harder. Then 2022 came.

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Moonshots, Momentum, and Legislative Tailwinds Beyond Silicon Valley

Revolution

Consequently, the Bay Area experienced a surge, capturing over one-third of all early-stage venture funding in the U.S., To make it easier to toggle between the three, there needs to be significant policy, financing, and physical transformation. marking its highest level since 2017. Seed- and Early-Stage U.S,

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Has VC Become So Big It Must Be Disrupted?

Tomasz Tunguz

Nathan Heller published an article called Is Venture Capital Worth the Risk? It’s a well-researched critique of the venture industry. The key question he poses is: has the industry become so large that it needs to be disrupted? The evolution of the venture industry parallels the private equity industry.

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UpEquity raises $25 million in equity and debt for its cash-pay mortgage lending service

TechCrunch

Naval Academy graduate and former fighter pilot, Herman saw real estate as the only avenue to true wealth creation open to him and his family given their years on the road and lack of available investment capital. million in venture and $17.5 million in venture debt to start making loans.

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Why Revolution Growth is Investing in Orchard

Revolution

Revolution Growth has long invested in tech-driven companies that are disrupting legacy industries, particularly where there is a distinct opportunity to modernize the customer experience. Orchard’s customer service is also enhanced by their local real estate brokers who are hired full-time as home advisors (vs.

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The fintech layoffs just keep on coming

TechCrunch

Opendoor co-founder and CEO Eric Wu said his company, a publicly traded real estate fintech, was navigating “one of the most challenging real estate markets in 40 years.”. How can finance-focused proptech startups survive the downturn? Opendoor announced it was letting go of 18% of its staff.