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Chicago-based investment firm Waterton has taken a stake in
a $165 million rent-tech fund recently closed by RET Ventures, a venture
capital firm focused on technologies for the multifamily, single family
rental/homebuilding asset classes.
Waterton selected RET Ventures for the investment due to its
focus on the rent-tech sector of PropTech. Waterton was already evaluating a
variety of these rent-tech services in the market, including several provided
by RET Ventures investor companies, including SightPlan, Fernish, SmartRent,
Checkpoint and Amenify.
Along with Waterton, participants in RET Ventures Fund II include affiliates of major multifamily REITs including Essex Property Trust, Inc., Invitation Homes, Inc., Mid-America Apartment Communities, Inc. (MAA), and UDR, Inc. and as well as private owners and managers such as BH Management, Bozzuto, Cortland, Edward Rose & Sons, Greystar Real Estate Group, Starlight Capital and Starwood Capital Group. The group col
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Vikalp Sahni, Goibibo’s founding member and its former CTO, had bid adieu to the company in July last year. But his work in the healthcare sector had begun much earlier than when he announced his exit. In March 2020, when the COVID-19 pandemic reached India’s shores,
Vikalp felt that contact tracing was going to be important. That was when his colleague,
Rahul Goyal, suggested the use of GPS for contract tracing.
Vikalp and Deepak
While the duo was ideating on this, the government was focused on building an app for the same purpose – Corona Kavach. Simultaneously, Vikalp and Rahul, with the help of developers from Goibibo, first built the rudimentary
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NEW YORK, May 5, 2021 /PRNewswire/ GLOSSLAB, a hygiene-first, membership-based NYC nail studio operator, has more than doubled their initial fundraise from
$3M to over
$7M. As the demand from investors increased, the growth financing has now added additional high profile investors, and plans to open new locations at an increased pace, including
two locations on the Upper East Side and NoHo (to go along with existing Tribeca, Flatiron and West Village locations) and Glosslab
Founder
Rachel Apfel Glass saw a gap in the market during her years working at a hedge fund when she found it nearly impossible to fit in an efficient manicure during the busy work week. In 2018, after the birth of her second daughter, Rachel and a team of experts got together to open the first GLOSSLAB location in the Flatiron district of New York at 27 West 20th Street. The nail concept quickly grew in popularity, and GLOSSLAB currently has 1,000+ members.