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Side Becomes a Unicorn Following a $150M Series D.
MetaProp portfolio company Side recently closed a Series D round of financing which valued the company at $1B.

The round, led by Coatue Management, will support significant hiring to expand the platform and accelerate the company's national expansion efforts beyond its three operating markets of California, Texas, and Florida.

"Side shifts value, time, and equity from existing brokerages to the top agents and teams who actually create the value in the first place."

Guy Gal, Side Co-Founder and CEO

Side's white label brokerage model challenges the "big brand" status quo by exclusively marketing the agent's boutique brand and business to clients, while acting as their brokerage, technology, and support partner. Developed by industry professionals and world-class engineers, Side expertly operates the brokerage platform on the backend while providing a best-in-class technology stack to help partner agents predictably grow their businesses, while continuing to provide excellent service to their clients.

We know this is just the beginning of very big things for Side and we are excited to continue to support them in what's to come. Congratulations to Guy and his team!
READ MORE
To learn more about Side and other leading PropTech startups, visit our portfolio.
Dubai Cloud Kitchen Kitopi Seeks up to $200M Funds for Asia Push-Sources
Kitopi, a Dubai-based shared kitchen platform for online food delivery, is looking to raise between $150 million to $200 million in a new round of financing to expand into Southeast Asia, two sources told Reuters. Read More.

On-Demand Logistics and Fulfillment Startup Flowspace Raises $31M
On-demand warehousing fulfillment startup Flowspace announced that it raised $31 million in a series B equity funding round. Los Angeles, California-based Flowspace says that the round, which was led by BuildGroup, will enable it to expand its network of fulfillment centers to build on pandemic-driven growth. The company says that the number of orders shipped on its platform increased 10 times during the past year. Read More.

JetClosing Closes $11M Investment Round, Names Seattle Tech Vet Anna Collins as CEO 
Seattle digital home closing service JetClosing closed an $11 million Series B round. Total funding to date is $44 million. JetClosing also announced that former Amazon leader and ex-Bulletproof 360 chief Anna Collins is taking over as CEO. Read More.

SoftBank Reaps $33B Coupang Windfall
SoftBank Group Corp racked up a roughly $33 billion gain on paper through the public market debut of South Korea's largest e-commerce company, Coupang Inc, the latest sign of a dramatic turnaround for its $100 billion Vision Fund. Read More.

How AI Technology Is Tackling Food Waste at Ralphs, Kroger, and More (Exclusive)
Shelf Engine co-founder Stefan Kalb realized food decay was the downfall of his regional grab-and-go food company, he and software engineer Bede Jordan quit their jobs and developed special AI technology, Shelf Engine, to tackle the rampant issue of food waste, which has since been adapted by grocery stores nationwide. Read More.
 Why An Obscure Memo From The Trump Administration's Last Days Is A Big Deal For Affordable Housing
The Housing Choice Voucher (HCV) Program currently supports over 2 million households, Forbes reported. Yet that's nowhere near enough as the same Forbes report noted, only one in five households who qualify for housing assistance receive it. Read More.

 The Retail Winners of 2020 Didn’t Need Stores
A pandemic-fueled boom in e-commerce startups and online-only “micro-sellers” is reshaping the retail geography of U.S. cities. Read More.

PCCP Partners with CalSTRS to Invest in Single-Family Rentals
PCCP LLC, along with the California State Teachers' Retirement System (CalSTRS) and a global institutional investor, have formed a joint venture to invest in purpose-built single-family rental (SFR) communities located in primary and secondary U.S. markets. The venture will initially have more than $1 billion in purchasing power. Read More

Square Yards acquires PropVR, AI-based 3D Visualization platform
PropTech platform Square Yards has acquired PropVR, an AI-based platform specializing in creating digital property experiences using 3D technologies, virtual reality and augmented reality. Read More.

Ex-Zillow CEO Spencer Rascoff Leads SPAC Deal to Acquire Offerpad, A Rival to His Former Employer
Rascoff, who left the CEO post at the Seattle real estate juggernaut in February 2019, is part of a group of SPAC investors that’s buying Offerpad, a 6-year-old real estate company that competes directly with Zillow Group in a quest to transform how people buy and sell homes. Read More.
Apha'a In-Conversation with Phil Russo
Alpha’a, the world’s largest online art gallery for business, presents conversations with artists and real estate professionals about the intersection of art and property. Hosted by PropTech consultant Phil Russo, the podcast provides insights into how artists and business people think about working together to share fine art with everyone everywhere. Listen here.
 
Senior Artificial Intelligence Engineer
Technology and design is in our DNA and at the core of everything OnSiteIQ does. An engineering role at OnSiteIQ requires an all-in startup mentality, a team-first attitude, self-motivation, a strong desire to succeed, and to innovate and build world class products. Join a diverse founding team with deep domain experience in 3D graphics, computer vision, artificial intelligence, and the construction and insurance industry. For more information, click here.
Renovation Project Manager
As a Renovation Project Manager, you are a detail-oriented, hard-working, problem solver with an optimistic attitude, that can easily (and happily) wear many hats. You are able to uphold our company's principles and values while adding to our unique culture. As a member of our Growth Team, you will be responsible for managing single-family homes from acquisition to completed renovation. For more information, click here.
Partner Success Associate
Till is looking for an empathetic Partner Success associate to join their rapidly growing company. As a Partner Success associate, you'll manage their key relationships with the teams that manage the communities we serve. You'll be responsible for proactively engaging with these teams to build relationships and drive adoption of Till's products while providing support and answering inbound questions. For more information, click here.
For other hot positions in PropTech visit MetaProp's portfolio job board.
Mar 25-26, 2021 | Online
Fireside Chat with Aaron Block on 3/25

PropTech LATAM Summit
On 3/25 MetaProp Partner, Aaron Block will participate in a fireside chat at the PropTech LATAM Summit. The event brings leaders and disruptors of Real Estate in Latin America together in one place. Here, industry heads will share and debate topics around the shared economy, technology, and innovation, all applied to the real estate industry. Don't miss amazing networking opportunities with recognized professionals and companies in the LATAM region. Register here!
Mar 25-26, 2021 | Online
Disrupture Chat with Aaron Block on 3/25
2021 Columbia University Virtual Real Estate Development Conference!
In this two-part conference industry leaders and prominent scholars come together to review the progress and performance of urban development of the first couple of decades of the 21st century. Register here!
Mar 26, 2021 | Online
NYSERDA Tenant Energy Data PropTech Challenge
Up for a challenge? The Tenant Energy Data category is designed to improve understanding of the drivers of electricity consumption within sub-metered office space in NYC.  The purpose of this effort is to identify new modeling assumptions that account for COVID-19’s impact on occupancy levels.  This category provides real world consumption data from a single large office tenant in Midtown Manhattan along with some building-wide data. Register here!
Apr 8, 2021 | Online
The Clean Fight Solution: Buildings Edition
The Clean Fight is a not-for-profit organization supported by NYSERDA, helping to identify the best clean energy and energy efficiency solutions that can help decarbonize New York’s unique building stock. If you’re looking for ways to comply with LL97, reduce energy costs or meet your own sustainability goals, join us for a series of panel discussions with the companies, plus opportunities to meet directly through 1:1 meetings and expo booths. Register here!
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