This Week in Proptech - July 30, 2021
This week in proptech, $351 million was invested in real estate technology companies. Globally, 15 companies announced funding rounds at a median of $30 million. Investments in real estate tech ranged across a handful of sectors, including residential, financial services, and industrial.
Notable Rounds
On July 27, 2021, Landis raised a $165 million Series A round led by Sequoia Capital with investments from Arrive, Dreamers VC, and Signia Venture Partners.
On July 29, 2021, La Haus raised a $50 million Series C round led by Renegade Partners and Acrew Capital with investments from NFX, 75 & Sunny, Bezos Expeditions, Greenspring Associates, Kaszek, Moore Strategic Ventures, Time Ventures, and 2 other investors. The company also raised a $50 million Debt Financing round.
On July 29, 2021, Realm raised a $12 million Series A led by GGV Capital with investments from Lerer Hippeau, Primary Venture Partners, and Liberty Mutual Strategic Ventures.
Driving Headlines in Proptech
FUNDING - REAL ESTATE TECH
Acrew Capital, Jeff Bezos back Colombia-based proptech La Haus’ $100M debt, equity roundNEWS - REAL ESTATE TECH
Blackstone Hires Stevi Petrelli as Head of Blackstone Innovations InvestmentsFUNDING - CRE TECH
Homebase raises $71M for a team management platform aimed at SMBs and their hourly workersNEWS - REAL ESTATE TECH
Bigger Checks, Days To Close: How 2021’s Red-Hot Venture Funding Landscape Is Shaking Up Early-Stage InvestingNEWS - REAL ESTATE TECH
Proptech revolution grows as landlords turn to big data to manage propertiesFUNDING - REAL ESTATE TECH
Sequoia, Jay-Z, Will Smith back Landis’ $165M debt, equity round toward making homeownership accessible to everyoneFUNDING - REAL ESTATE TECH
GGV Capital gave this real estate startup founder a term sheet 48 hours after meetingFUNDING - REAL ESTATE TECH
Strata Raises $6 Mn In Series-A funding Led By Kotak Investment Advisors, Gruhas Proptech, Sabre Investments And Existing InvestorsFUNDING - REAL ESTATE TECH
Camber Creek Takes Flier on Flyhomes