Trulia founder Pete Flint backs real estate startup Modus

The founders of Seattle-based Modus cold-emailed Pete Flint, the founder of Trulia and a current managing partner at the venture capital firm NFX, for months, to no avail. In a last-ditch effort, Alex Day, Jai Sim and Abbas Guvenilir sent one more message to the investor whose real estate listings tool sold to Zillow in […]

ZeroDown, valued at $150M, plans to take on Zillow

Days out of Y Combinator, venture capitalists valued ZeroDown, a financial and real estate technology startup, at $150 million. The company had the perfect match of experienced founders and eye-popping ambitions to carve a new path to home ownership. “I think we will be known as a company that makes it easier to buy a […]

Latin America roundup: SoftBank bets on Brazilian unicorns and Konfio raises $250M for lending plans

Sophia Wood Contributor Sophia Wood is a Principal at Magma Partners, a Latin America-focused seed-stage VC firm with offices in Latin America, Asia, and the U.S. Sophia is also the co-founder of LatAm List, an English language Latin American tech news source. SoftBank did not let up the flow of capital to Brazil this month, […]

Flat, a Mexican property tech startup, raises $4.6M pre-seed led by ALLVP

Flat has raised one of Mexico’s largest pre-seed rounds to take the Opendoor real estate marketplace model across the Rio Grande.  The company snagged a $4.5 million pre-seed round to expand its business helping homeowners quickly sell their properties in Mexico. The round was led by ALLVP, an active early-stage fund in Mexico. California-based Liquid 2 […]

Canopy’s upscale co-working business adds a new location in SF on the heels of strategic funding

Canopy, an upscale, profitable developer of co-working spaces, has expanded its footprint in San Francisco to a third location on the heels of a strategic financing round. Co-founded by the product designer Yves Behar; the second-generation design-build developer Amir Mortazavi; and Steve Mohebi, a serial entrepreneur with experience spanning real estate and healthcare (and the former director […]

Madrona Venture Labs raises $11M to build companies from the ground up

In regions where would-be entrepreneurs need a little more support and encouragement before they’ll quit their day job, the startup studio model is taking off. In Seattle, Madrona Venture Labs (MVL), a studio founded within one the city’s oldest and most-celebrated venture capital firms, Madrona Venture Group, has raised $11.3 million. The investment brings the […]

SoftBank leads a $120 million round for insurance startup Lemonade

 SoftBank’s Vision Fund has finally made a good tech investment around real estate. After investing $4.4 billion in what is essentially a bespoke office space rental business (WeWork) and another $450 million in Zillow for rich people (Compass), the gargantuan Japanese tech investor is leading a $120 million round of funding for Lemonade, a startup […]