This Week in Proptech - April 2, 2021

This week in proptech, approximately $510 million (-65.5%) was invested across 5 companies in residential, commercial, and hospitalities, with the continued trend of mid to late-stage investments receiving the lion’s share of deal activity.

The month of March witnessed several relatively large deals across a variety of countries and sectors. Approximately $2.576 Billion (+24.7%) was invested across commercial, residential, construction, retail, and industrial real estate tech companies. Geographically, North and South American-based startups received the better part of capital and headlines.

This month's notable rounds include Pacaso's $75 million Series B from Greycroft, GFC, American Title, Acrew Capital, and 2 other investors, and a $1 billion debt round from First Republic Bank and Fortress Investment Group. In Brazil, Loft announced their $425 million Series D from Fifthwall, Zigg Capital, Tiger Global Management, and 14 other investors. Casavo, a tech-enabled marketplace headquartered in Milan, Italy, with a $239 million debt-equity deal. Finally, ServiceTitans, a Glendale, CA-based service management platform, announced their $500 million Series F from Tiger Global Management, Sequoia Capital, and 8 other investors.

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This Week in Proptech - April 9, 2021

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This Week in Proptech - March 26, 2021