With the downturn in real estate fintech funding, proptech startups are witnessing a significant decline in investments, dropping from $11.1 billion in 2021 to just $3.7 billion.
Divvy Homes is undergoing acquisition talks amidst a tough interest rate environment, yet sources indicate that the deal may not necessarily represent a 'fire sale'.
The struggles faced by Divvy Homes, including laying off staff and a considerable decrease in funding, reflect broader challenges in the proptech sector.
EasyKnock's abrupt shutdown highlighted additional turmoil in the industry, following legal disputes and consumer alerts regarding its controversial sale-leaseback model.
Collection
[
|
...
]