This Week in Proptech - April 9, 2021
This week in proptech, approximately 9 companies announced funding rounds, totaling $550 million (+7.84%) invested in real estate technology companies. 44% of deal volume went to companies in logistics, while 91% of dollar volume went to companies in residential financial services.
Notable Rounds
On April 7, 2021, RoboticPlus.AI, a Shanghai-based construction tech startup, raised a $20 million Series B round from Bertelsmann Asia Investments and C Ventures. On April 2, 2021, Curri, an LA-based construction tech logistics startup, raised a $6 million Series A round from Brick & Mortar Ventures and 2 other investors. On April 8, 2021, Better.com, a New York-based mortgage tech startup raised $500 million from Softbank valuing the company at $6 billion. On April 7, 2021, Nuvocargo, a New York-based industrial logistics startup raised a $12 million Series A round from ALLVP and 14 other investors. And on April 4, 2021, Mudango, Santiago, Chile-based residential real estate tech moving startup, raised a $1.4 million Seed round from Fen Ventures and 2 other investors.
Driving Headlines in Proptech
FUNDING - REAL ESTATE TECH
SoftBank invests $500 million in digital mortgage lender Better.comNEWS - ESG
Money Pouring Into Climate Proptech As Real Estate Is Pushed Toward SustainabilityNEWS - CRE TECH
The Benefits of PropTech For Property ManagersFUNDING - REAL ESTATE TECH
Mudango raises $1.4M seed round for Latin America logisticsFUNDING - LOGISTICS
Nuvocargo raises $12M to digitize the freight logistics industryFUNDING - CONSTRUCTION TECH
Curri Raises $6M to Expand Its Construction Material Delivery Platform
