A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – REAL ESTATE TECH
- Opendoor, an online residential home re-seller, rasies $210M in series D round led by Northwest Venture Partners. Link
- Apartment List, an apartment listing aggregator, raises $30M is series B round led by Cannan Partners. Link
- Uban, a commercial listing platform, raises $30M in series B round. Link
- Naked Hub, a managed co-working space provider in China, raises $15M in funding round led by Gaw Capital. Link
- Peerstreet, a marketplace for secured real estate loans raises $15M in series A round led by Andreessen Horowitz. Link
- Square Yards, online real estate advisory and brokerage firm, raises $12M in funding from the private equity arm of billionaire Anil Ambani’s Reliance Group. Link
- Housing, map-based verified residential property listings platform, raises $5M in bridge round of funding from Softbank. Link
- Grabhouse, home rental marketplace has been acquired by Quikr for an undisclosed amount. Link
SOME INTERESTING STARTUPS FOUND
Join StarCity (2016, SF) – Online platform to browse and apply for community-based co-living furnished apartments.
Home Base (2016, Kansas City) – A/I based platform to manage rental properties and smart homes.
LEADER BOARD – REAL ESTATE TECH
Residential & Commercial
Discovery Platform – Listing Platform
Viva Real (2009, Sao Paulo, $74M) – Provides an online platform for residential & commercial properties in Latin America. Backed by Monashees Capital, Spark Capital,500 Startups & others.
Discovery Platform – Auction
Auction.com (2007, Irvine, $142M) – Enables users to find, bid, buy and sell residential and commercial properties online. It serves large financial institutions and investors as well as customers and brokers. Backed by Google Capital and Stone Point Capital.
Residential
Discovery Platform – Listing Platform
Zillow (2005, Seattle, IPO) – Listing platform for homeowners, buyers, real estate agents, mortgage professionals to find and share information about homes, real estate, and mortgages. Went IPO in July 2011.
Trulia (2004, SF, IPO, Acq.) – Gives home buyers, sellers, owners and renters the inside scoop on properties, places and real estateprofessionals. Went IPO in September 2012. Acquired by Zillow in 2015.
Discovery Platform – MetaSearch
Apartment List (2008, SF, $53M) – Platform that aggregates listings for residential rental apartments in the United States. Backed by Matrix Partners, Glynn Capital, Passport Capital, & others.
Discovery Platform – Online Brokerage
Compass (2012, NYC, $210M) – Technology driven online brokerage firm assisting in renting & buying residential real estate properties. Backed by Goldman Sachs, 406 Ventures, Thrive Capital, Founders Fund & others.
Redfin (2004, Seattle, $168M) – Technology-powered real estate brokerage firm that represents people buying and selling homes. Has salary employed brokers. Backed by Glynn Capital Management, Crunch Fund, Wellington Capital, Tiger Global, Greylock Partners & others.
Discovery Platform – Re-seller
Opendoor (2014, SF, $320M) – Buys houses directly from customers. Backed by Khosla Ventures, Slow Ventures, Thrive Capital, Felicis Ventures & others.
Residential – Booking Platform
Student.com (2011, London, $60M) – Global marketplace that helps students to find short term accommodation. Backed by VY Capital, Horizon Ventures, Hugo Barra & others.
Residential – Agent Search
Homelight (2012, SF, $15.5M) – Online marketplace that matches homebuyers with real estate agents based on a proprietary algorithm for personalized agent. Backed by Google Ventures, 500 Startups, Cross Link Capital, FundersClub, Innovation Endeavors & others.
OpenAgent (2012, Sydney, $15M) – Real Estate agents aggregator and marketplace provider. Backed by Reinventure, Breakthrough Lab, Hollard Insurance & others.
Residential – Shared Accommodation
Shared Accommodation – Co-Living
Common (2015, Brooklyn, $23M) – Online platform for users to search and apply for community living spaces in New York. Backed by 500 Startups, 8 VC, Grey Wolf, Slow Ventures, & others.
Shared Accommodation – Branded Accommodation
Mofang Gongyu (2010, Shanghai, $560M) – High-end apartment rental franchise service in China targeting high-income professionals. Backed by DT Capital Partners, Warburg Pincus, & others.
Commercial
Discovery Platform – Listing Platform
Loopnet (1995, SF, IPO, Acq.) – Listing platform for commercial properties for sale or for lease by submitting detailed property listing information. Went IPO in June 2006. Acquired by CoStar Group in 2012.
42floors (2011, SF, $17M) – Platform that offers office space rentals and commercial real estate listings. Backed by Bessemer Venture Partners, Thrive Capital, BoxGroup, SV Angel, New Enterprise Associates & others.
Discovery Platform – Online Brokerage
Haozu (2009, Shanghai, $39M) – Technology driven online brokerage firm assisting in renting & buying commercial properties. Backed by Joy Capital, Nlight Venture Capital and 58.com.
Commercial – Short-term Booking Platform
Short-term Booking Platform – Private spaces
Breather (2012, Montreal, $27.5M) – On-demand rooms in large urban areas for work, meeting, relaxing etc. Backed by Real Ventures, RRE Ventures, Slow Ventures & others.
Short-term Booking Platform – Popups
Appearhere (2013, London, $9M) – Online marketplace to list, discover and rent short-term retail space around the UK. Backed by Balderton Capital, Playfair Capital, Ballpark Ventures & others.
Short-term Booking Platform – Venues
Peerspace (2013, SF, $10M) – Online marketplace that provides short-term access to professionals and businesses to unique commercial spaces. Backed by Foundation Capital, Structure Capital & others.
Commercial – Co-working
Co-working – Managed
Wework (2010, NYC, $1.69B) – Managed co-working workspace community. Backed by Benchmark, Fidelity Investments, Goldman Sachs, Harvard Management Co, JP Morgan, T. Rowe Price & others.
Urwork (2015, Beijing, $131M) – Platform for small businesses and freelancers to browse and book shared office spaces. Backed by Sequoia Capital & others.
Co-working – Marketplace
Liquidspace (2010, Palo Alto, $26M) – Enables people to find and book external 3rd party places including office business centers, meeting rooms and co-working spaces. Backed by Flood Gate, Greylock Ventures, Reid Hoffman & others.
Pivotdesk (2012, Boulder, $7M) – Office-sharing marketplace. Backed by Techstars, Foundry Group & others.
Social
Reviews
Rate My Agent (2014, Melbourne, $6M) – Peer-reviewed social platform to write and read reviews on real estate brokers. Backed by angel investor Gabby Leibovich, Kidder Williams and Smorgan Family.
Agent Network
Resaas (2009, Vancouver, IPO) – Networking platform for real estate professionals. Went IPO in February 2011.
Proxio (2008, San Bruno, $4M) – Global marketing and networking platform for real estate professionals, where agents from over 140 countries can network and promote themselves and their listings. Backed by Womens VC Fund.
Property Finance
P2P Lending
Lendinvest (2013, London, $117M) – Lendinvest provides an online platform which circumvents the banks – allowing investors to lend directly to borrowers. Backed by Kunlun.
Crowdfunding
Coassets (2013, Singapore, IPO) – CoAssets is a crowdfunding platform for real estate developers and fundraisers to connect with investors on exclusive and undervalued investment opportunities. Went IPO in July 2015.
Realtymogul (2013, LA, $49M) – Crowdfunding real estate equity and lending marketplace. Backed by Microsoft Accelerator, Microsoft Ventures, Canaan Partners & others.
Visualization
Iris VR (2014, NYC, $10M) – Virtual Reality solution provider for design and architecture for real estate industry. Backed by Tech Stars, Valar Capital, Pritzker Group, & others.
Floored (2012, NYC, $6M) – Developer of online interactive 3D models for real estate visualization. Backed by Accel partners, Grey Croft Partners, Two Sigma Ventures, & others.
Enterprise Solutions
For Agents & Landlords – CRM & Marketing
Placester (2008, Cambridge, $51M) – Real Estate CRM & Marketing website solution provider for agents. Backed by Romulus Capital, Angel Street Capital, New Enterprise Associates, & others.
For Agents & Landlords – Property Management
Buildium (2004, Boston, $82M) – Cloud-based property management software for property managers and community associations. Backed by Sumeru Capital and K1 Investment Management.
Appfolio (2006, Goleta, IPO) – Web-based property management solution for the rental residential real estate industry. Went IPO in June 2015.
For Agents & Landlords – Data & Analytics
Reonomy (2013, NYC, $40M) – Reonomy provides data coupled with analytics for CRE Investors and lenders. Backed by Bain Capital, Softbank Venture capital, KEC Ventures, & others.
Enterprise Solutions – Portfolio Management
View the Space (2011, NYC, $88M) – Cloud-based leasing and portfolio management platform that users access to activities in their portfolio. Backed by 500 Startups, Trinity Ventures, Insight Partners, & others.
Enterprise Solutions – For Facility Managers
For Facility Managers – Maintenance Management
Accruent (1995, Austin, Acq.) – Lease administration software solutions, which helps in managing and controlling rental and occupancy costs. Acquired by GenStar Capital in 2016.
For Facility Managers – Property Inspection
Happy Inspector (2011, SF, $11M) – Mobile first Inspection application for creating inspection reports on facilities. Backed by 500 Startups, Point Nine Capital, Flight Venture Capital, and Flight Ventures.
Leader board includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
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