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What To Do When Your Competitor Gets Funded?

Both Sides of the Table

announced they raised $9 million from Sequoia , arguably the best venture capital firm that exists. We will have two well-funded companies educating the market on why this market opportunity for the $24 billion US storage market is ripe for disruption. ” In summary: The competitors are the incumbents. This morning Clutter.io

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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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Keyway secures funding to buy property from small business owners and lease it back to them

TechCrunch

Founded in September 2020, the New York-based company – which was previously named Unlock – said it uses data science to “ identify, underwrite and close transactions 10x faster than incumbents.” Canvas Ventures led the company’s seed round in late 2021, w ith participation from Montage Ventures, FJ Labs and Crosscut.

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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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Singapore wealth management platform Endowus raises $35M

TechCrunch

This time it’s $35 million with new investors, including Citi Ventures and MUFG Innovation Partners, bringing the company’s total raised so far to $95 million. Returning investors include notable firms like UBS Next, Singapore’s EDBI, Prosus Ventures (owned by Naspers), Lightspeed Venture Partners, Singtel Innov8 and Endowus employees.

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Proptech in Review: 3 investors explain how finance-focused proptech startups can survive the downturn

TechCrunch

Startups operating in the financial side of the real estate tech market suddenly faced a surge in demand, and many departed on hiring sprees to keep up. Nima Wedlake, principal at Thomvest Ventures, agreed, noting that agility is a critical trait. Nima Wedlake , principal, Thomvest Ventures.

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Fintech Roundup: Will financial technology startups dodge the venture slowdown?

TechCrunch

There has been much talk as of late of a slowdown in venture funding. For example, Brex announced last week that it provided $10 million in growth capital via venture debt to Zesty.ai, a leading provider of predictive data analytics in the climate risk space. We’re seeing pretty big market changes.