Items Tagged with 'real estate technology'

ARTICLES

  • Texas-based OJO Labs raises $20.5 million to bring AI to real estate

    Realogy backs second tech company this week
    A group of real estate, financial services, and home services companies are joining together to help bring artificial intelligence to real estate and beyond. Austin, Texas-based OJO Labs announced on Friday that it raised $20.5 million in its Series B funding round. Taking part were Realogy, Royal Bank of Canada, Northwestern Mutual Future Ventures and ServiceMaster.
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  • Real estate tech company Home Bay expands to Colorado

    Flat-fee real estate tech company continues expansion
    Home Bay Technologies announced on Friday it is expanding to Colorado, marking the sixth state that the San Diego-based startup has expanded operations to since it announced in July 2017 it raised $5 million to fund its growth beyond California. Since then, the company has made its platform available in Florida, Illinois, Georgia, Texas, and now, Colorado.
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  • Private equity firms buying real estate data and software provider EDR for $205 million

    Silver Lake and Battery Ventures buying company
    Two prominent private equity firms are buying EDR, a provider of real estate data and software-as-a-service, for $205 million, the companies announced earlier this week. The buyers for EDR, which provides property due-diligence and risk management technology and information, are Silver Lake and Battery Ventures.
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  • Placester names Omar Hussain president and CEO

    Co-founder and CEO Matt Barba to become chief technology officer
    Placester, a Boston-based real estate marketing platform, has a new CEO. Up until this point, the company has been led by its co-founder, Matt Barba, who previously served as CEO. But now, the company is naming a new president and CEO to help the company grow in its next phase.
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  • Flat-fee real estate company Home Bay expands to Texas

    Now available in five states
    In July, Home Bay, a San Diego-based startup that offers real estate services for a flat fee, announced that it raised $5 million to fund its expansion beyond California. Since then, Home Bay has expanded to Florida, Illinois, and Georgia. And now, Home Bay is available in Texas as well.
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  • Real estate technology company Homesnap secures $14 million in funding

    Money will be used to boost offerings for real estate agents
    Homesnap, a real estate technology company that provides a mobile productivity app and marketing platform for real estate brokers, agents and clients, announced this week that it plans to grow its offerings thanks to $14 million in new funding. The new investment brings the total capital raised by Homesnap to more than $32 million.
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  • Amitree, maker of real estate email software Folio, raises $7 million to fund growth

    Folio software used in approximately 5% of real estate deals
    Folio, a Google Chrome extension that helps real estate agents manage all parts of a real estate deal from within their email, is currently used in approximately 5% of the nation’s real estate deals. But that percentage could soon grow, as the Amitree, the company that makes Folio, recently raised more than $7 million to fund the company’s growth.
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  • HomeLight raises $40 million to help connect home sellers to real estate agents

    Company reports revenue growth of nearly 500% in last year
    HomeLight, a company that uses data and technology to connect home sellers with real estate agents, announced this week that it raised $40 million to substantially grow its business. The company claims that as a result of its service, sellers who use its service sell their homes 29 days faster than average. Additionally, the company says that homes sold through HomeLight sell for 3.5% more than the industry average.
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