Page 6 - Max Simkoff News Today

The company will merge with Capitol Investment Corp. V. Such mergers have become a popular option for companies that want to begin selling shares.

Doma This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Doma, previously States Title, announced it would be going public via a merger with a SPAC. Doma will merge with the fifth of seven SPACs administered by Capitol investment. The residential real-estate world is adopting new tech at warp speed as transaction volume breaks records. Doma, formerly known as States Title, announc...

Real estate tech startup Doma, formerly known as States Title, announced Tuesday it will go public through a merger with SPAC Capitol Investment Corp. V in a deal valued at $3 billion, including debt. SPACs, often called blank-check companies, are increasingly common. They exist as publicly traded entities in search of a private company to […]

Total funding: $23.2 million What it does: Uses artificial intelligence to allow owners of commercial real estate to see under the hood of their property insurance in order to make changes that reduce their premiums.  Why its hot: Cofounder Hemant Shah is the longtime CEO of Risk Management Solutions, the largest risk-analytics company. The idea behind Archipelago is to allow owners of commercial real estate to see how their insurance risk is calculated. That gives them concrete information th...

The battle lines have been drawn on rental listings. Taking on the likes of Zillow and CoStar, Redfin struck a deal to buy RentPath for $608 million, the company said Friday. Yes, that’s the same RentPath that called off a $588 million sale to CoStar last year, after federal regulators blocked the deal on antitrust grounds. With Redfin, there are no such concerns since Redfin is new to the rental game. During an investor call, Redfin CEO Glenn Kelman said one-third of Americans are renters, a...

States Title Raises $150 Million to Modernize Home Closing Experience Share Article Machine intelligence helps remove friction and frustration from title and escrow processes; new debt financing accelerates expansion of local resale and centralized refinance business The platform benefits lenders, real estate professionals, title agents, and homeowners, and has become even more crucial as the impacts of COVID-19 and record-low interest rates have created a huge tailwind behind home purchase and...

Share this article NEW YORK, Feb. 17, 2021 /PRNewswire/ -- Today, financial technology startup Carefulllaunches a new platform to help family members and caregivers organize and protect daily financial matters for aging loved ones. Carefull looks to bring simplicity and intelligence to the emerging space of financial caregiving, and has raised $3.2M in seed funding led by NextView Ventures and Bessemer Venture Partners. Today, over 45 million U.S. adults are responsible for managing an aging...

When there’s a need for capital, not every startup goes the venture route. Boast.ai, a company that plugs into business systems and automatically finds them R&D tax breaks, announced Wednesday it has raised a $100 million credit facility from Brevet Capital to advance those R&D incentives. And proptech startup States Title announced it has closed […]

Share via Shortlink Procore’s Tooey Courtemanche, REEF Technologies’s Ari Ojalvo, Pacaso’s Spencer Rascoff and Sonder’s Francis Davidson (Procore, CoMotion Miami, Getty, Sonder, iStock) Some got bailouts, others got boosters — but across the board, proptech firms continued to reel in cash in 2020 as the pandemic forced the slow-to-adapt real estate industry to fully embrace technology. As tech stocks led Wall Street’s recovery this spring, private investors also pulled o...