Page 2 - Mark Rojas News Today : Breaking News, Live Updates & Top Stories | Vimarsana

REGISTER NOW Proper, a San Francisco-based provider of automated accounting and bookkeeping services for real estate property and asset managers, has scored $9 million in Series A funding from investors. Proper plans to use the extra funds to accelerate development of its automated accounting technology, build a new customer-facing platform, and hire strategic talent across all functions. The real estate industry has been soaring over the past year since the pandemic prompted people to move to new homes. Now a housing shortage has developed in many parts of the country and prices of homes and...

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 it's 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 they can use to make decisions to lower their risk and, as a result, their premiums. The data that Ar...