We’re thrilled for our portfolio company Urbint for having closed their $60 million Series C fundraise. The timing couldn’t be better for Urbint as they are at the intersection of infrastructure and climate change.

The United States experienced twice as many billion-dollar disasters in the four years leading up to 2019 as it did in the 40 years prior to 2019, and most utility assets are 60-70 years old despite being designed for a 50-year lifespan. This, coupled with a $1T infrastructure bill bringing unprecedented new spending on climate resilience and infrastructure overhauls, is causing massive tailwinds as Urbint's customers look to them for help with managing operational risks.

This funding round will enable Urbint to scale its technology, expand into new markets, and introduce new solutions to meet rising demand.

A big congrats to Corey Capasso, CEO at Urbint, and his team!

 Urbint, Which Uses AI to Predict Threats to Infrastructure, Nabs $60M
Urbint, a company developing software that can predict threats to critical infrastructure, announced that it raised $60M in a series C funding round led by Energize Ventures with participation from American Electric Power, and OGCI Climate Investments, as well as existing investors Energy Impact Partners, National Grid Partners, Blue Bear Capital, and Salesforce Ventures. Read More.

Knock Raises $5M in Seed Funding
Knock, a New York-based residential leasing platform, raised $5M in seed funding. The round was led by Accomplice and Boston Seed with participation from angel investors in the cybersecurity space and Hippo co-founder Eyal Navon. In conjunction with the funding, Nicole Stata, General Partner at Boston Seed Capital, joined Knock’s board of directors. Read More.

Plentific Cements $100M to Expand Its Property Management SaaS
London based Plentific, which operates a marketplace SaaS platform targeting the property management space, has closed a $100M Series C. The funding round is led by new investors Highland Europe and Brookfield Technology Partners along with Mubadala Investment Company and RXR Digital Ventures, as well as existing investors A/O PropTech and Target Global. Read More.

Austin 3D-Printing Company Icon Lands $207M to Continue Rapid Growth
Icon announced it has raised $207M in funding as it looks to rapidly grow its team and capabilities. Investors in the funding round include 8VC, BIG-Bjarke Ingels Group, BOND, Citi Crosstimbers, Ensemble, Fifth Wall, LENx, Moderne Ventures, and Oakhouse Partners. The latest funding builds on $35M the company raised in August 2020, along with $9M in seed funding in 2018. Read More.
SmartRent Completes Business Combination with Fifth Wall Acquisition Corp. I, Inc., a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders and residents, announced that it has completed its previously announced business combination with Fifth Wall Acquisition Corp. I, a publicly-traded special purpose acquisition company ("SPAC") sponsored by an affiliate of Fifth Wall. Read More.

Sweetgreen Files for IPO
Sweetgreen, the quick-service restaurant chain that recently filed for an IPO, acquired Spyce, an automated kitchen startup that operates two of its own restaurants in Boston. Spyce last raised VC funding from investors like Khosla Ventures, Maveron, Dragon Capital, Collaborative Fund and chef Daniel Boulud. Read More

Oil Giants Turn to Startups for Low-Carbon Energy Ideas
Some of the world’s biggest oil companies are turning to startups to help plot their future. Energy giants including BP and Royal Dutch Shell are bolstering their venture capital arms—increasing budgets, hiring more staff and doing more deals—seeking out new low-carbon technologies to help future-proof their profits. Read More.

MSCI Strengthens Private Asset Capabilities With Acquisition of Real Capital Analytics
MSCI Inc., a leading provider of critical decision support tools and services for the global investment community, today announced it has entered into a definitive agreement to acquire Real Capital Analytics for $950M in cash. Founded in 2000, Real Capital Analytics is a private company and the go-to data and analytics provider of the properties, transactions and participants that drive the commercial real estate capital markets globally. Read More.
Business Operations Lead
As the Business Operations Lead for BackboneAI, you’ll work cross-functionally to ensure strategic priorities are consistently being met for the business. In parallel with ensuring Finance, People, and Legal needs are met for the business, you’ll work directly with the Founder / CEO, Rob Bailey, to ensure the highest priorities for the business are being consistently communicated, tracked, and optimized across teams. For more, click here.
Energy Project Manager
We are looking for an energy project manager to oversee multiple client portfolios and projects in New York City including on-site distributed energy resources (DERs) and demand response (DR) aggregations. This role is a combination of office-based and field-based work. For more, click here.
Chief of Staff
Zeus Living is seeking a Chief of Staff (to the CEO, Kulveer Taggar) who can serve as a strategic thought partner and support the CEO as Zeus enters its next phase of growth. You will help increase Kulveer’s effectiveness as a leader by identifying opportunities for improvement within the company, managing special projects, prioritizing his time, equipping him with information to make decisions, and holding staff accountable for deliverables. For more, click here.
For other hot positions in PropTech visit MetaProp's portfolio job board.
September 7, 2021 | Virtual
Africa PropTech Forum
The Africa Proptech Forum Virtual Summit 2021 is a one-day event where leading South African and regional real estate players gather to showcase and explore how innovation and technology are transforming real estate. It’s where tech meets real estate and the future is built. Register here!
September 7-8, 2021 | Cannes, France
Propel Station
With the dedicated innovation zone, Propel Station at MIPIM Cannes, will explore the most innovative solutions and practices designed to increase the value of property assets, and will feature a dedicated program of conference sessions and case studies. A great way to start conversations in anticipation of Propel by MIPIM – NYC 2021 and NYC Real Estate Tech Week! Register here
September 14, 2021 | Virtual
PropTech Next Webinar
Join MetaProp's Co-Founder & Managing Partner, Aaron Block, at FuturePlace's PropTech Next Webinar titled "Overcoming The Challenges of Technology Deployment in Commercial Real Estate." In this free series of candid conversations with industry heavyweights, you'll find out what some of the hurdles are, and steps that can be taken to better identify and accelerate the adoption of technology. Register here!
September 23, 2021 | Virtual
Africa PropTech Pitch Series
Join MetaProp Co-Founder and General Partner, Zach Aarons, at "Africa PropTech Pitch Series," hosted by Seso Global Limited and PropTech Africa! Hear Africa's top PropTech startups pitch to leading sector investors globally. Register here!
October 4-6, 2021 | Mandalay Bay | Las Vegas
Blueprint 2021
Registration is now open for Blueprint's inaugural real estate technology conference with special discounts available to the MetaProp community. Register here!

Copyright © 2021 MetaProp, All rights reserved. 
Thanks for joining the MetaProp community!

Our mailing address is: 
214 West 39th Street, Suite 705
New York, NY 10018

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list