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Big data is transforming the real estate industry. Real estate developers and investors are able to now integrate disconnected data like never before to understand things like a location’s risks, opportunities, and pricing. For example, properties within a quarter-mile of two specialty grocery store leads to higher property values but being within four of these stores correlates to lower pricing. An insight like this could be uncovered manually but it would take countless hours of sorting through data while not even sure what you are looking for. Cherre is a real estate data management pla...

The Pulse of New York Tech

Author Bio Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles. What happened Peloton Interactive (NASDAQ:PTON), the star fitness stock of 2020, continues to lose its shine this year. The stock fell by 4.2% today; the catalyst for the decline this time is the rising popularity of a potentially serious competit...

Ergatta has closed $30 million in Series A funding led by Advance Venture Partners, with participation from Greycroft, Fifth Wall, Gaingels, and Hans Tung (GGV). The new funding builds upon a $5 million seed round announced in July 2020, bringing Ergatta’s total capital raised to $35 million. The Brooklyn-based company, founded in 2019, offers a workout based on a user’s profile and fitness objectives. The brand’s flagship product, the Ergatta Rower, pairs its tech-driven content with a handcrafted rowing machine built from cherry wood in Rhode Island and designed to fit into a customer...

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Ergatta was valued at $200 million in a $30 million funding round led by Advance Venture Partners. The company makes a premium rower and gamified software which it sells via subscription. Demand for the rower has boomed during the pandemic. Connected-fitness startup Ergatta has been valued at $200 million. The company told Insider that it had raised $30 million in Series A funding in a round led by Advance Venture Partners (AVP). Greycroft, Fifth Wall, Gaing...