Real estate venture firm MetaProp raises $100 million

MetaProp, a venture capital firm that has invested in high-profile real estate companies such as Side and Spruce, announced today that it has raised $100 million. The new money makes up MetaProp’s latest seed fund, dubbed Fund III, meaning it will be used to invest in early-stage companies. A statement from the firm explains that … Read more

Flyhomes lands $150M to bring end-to-end homebuying to more markets

Flyhomes says it’s helped close $2.6 billion in home sales to date, with sales prices ranging from $150,000 to $5 million. The company provides end-to-end homebuying services through brokerage, mortgage and closing subsidiaries. Flyhomes, a pioneer of the end-to-end homebuyer model, has landed $150 million in funding that it says will allow it to meet … Read more

Staging and marketing company Guest House raises $3M

Guest House offers homesellers high-touch staging services that include a interior designer working directly with a number of national and local home furnishing retailers Guest House, a home staging and marketing services company, has raised $3 million in seed funding led by Range Ventures with participation from 87 Capital, Rucker Park Capital, Ludlow Ventures and … Read more

Construction startup Katerra files for bankruptcy

The company blamed its financial position on the effects of the COVID-19 pandemic, difficulty securing funding for new construction and “unsuccessful attempts to secure additional capital and business.” Katerra filed for bankruptcy protection Sunday as it moves to shut down most of its U.S. operations and shift its focus to international business. The once-promising Silicon … Read more

Cash-offer startup Homeward scores $371M in funding

Homeward, a startup that helps consumers make cash offers on houses, announced today that it has raised $371 million in new funding. The new funding is split between $136 million in equity and $235 million in debt, according to a company statement. The statement adds that Homeward will use the new funding to expand the … Read more

The New Normal: What if agent pay was more than just commissions?

This is the third installment in “The New Normal,” a multistory Inman series exploring what’s returning to normal after the pandemic fades and what will never be the same. Don’t miss part 1, What if the brokerage of the future isn’t a brokerage at all? and part 2, What if real estate agents never go back to the … Read more

Digital closing platform Snapdocs valued at more than $1.5B

Snapdocs has raised $150 million in a series D funding round. The platform is now used by more than 130,000 mortgage professionals a day, touching nearly 20 percent of U.S. real estate transactions. Digital mortgage closing platform Snapdocs has raised $150 million in a series D funding round that values the company at more than … Read more

Stavvy lands $40M in funding, signs Flagstar Bank

Paperless closing provider Stavvy has landed $40 million in Series A funding from Morningside Technology Ventures, which the company says will allow it to bring its expertise to bear in helping mortgage lenders serve troubled borrowers. Paperless closing provider Stavvy has landed $40 million in Series A funding from Morningside Technology Ventures, which the company … Read more

Zavvie raises $1.75 million in new funding round

Real estate tech company zavvie announced Thursday that it has raised $1.75 million in new funding, some of which came from the National Association of Realtors’ (NAR) venture wing. In a statement, zavvie described the new cash infusion as an “inside round” of funding. Second City Ventures — NAR’s venture capital fund that has invested in … Read more

Doma adds Wells Fargo as a client as it prepares to go public

Doma offers “instant underwriting” of title insurance for mortgage refinancing, along with remote and digital closing and escrow services for all types of mortgages. Doma, a startup that’s digitizing the title and escrow business, has added another big lender to its roster of clients, Wells Fargo Home Lending, as it continues down the path to … Read more

Tampa Bay News