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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, announced today that it has entered into a merger with a SPAC ...

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 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...

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, and to dominate the listings game the company needed to add rental inventory. (RentPath owns Rent.com...