Top 10 Real Estate and Construction Tech Capital Raises in the U.S. – December 16th-31st, 2024
Several interesting transactions closed in the Real Estate and Construction Tech sector over the past two weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.
Merger/Acquisition and Corporate
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- Cascade Process Controls, provider of turnkey electrical contracting services intended to serve oil and gas, telecommunications, mining, power, automotive and commercial industries, was acquired by Mako Industries.
- Ladder, operator of a labor recruitment platform designed to help construction companies hire skilled workers, was acquired by Buildforce.
Later Stage VC
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- Inveniam, developer of data operating platform designed to facilitate liquidity of private market assets with a focus on private equity and commercial real estate, raised $120 million of venture funding from G42 and Cushman & Wakefield.
- Jome, operator of an agent-to-agent network intended to help realtors close more deals by giving them access to new construction and off-market information, raised $15 million of Series A venture funding in a deal led by Geek Ventures.
Early Stage VC
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- Type Five, operator of an architecture and technology company intended to enable customers to create additional living space on the property, raised $7.51 million of venture funding.
- Atlas Invest, operator of an online investment platform intended for all asset-backed debt transactions, raised $11 million of venture funding in a deal led by The Garage.
- Final Offer, operator of a real estate transaction platform intended to make the home buying and selling process transparent and efficient, raised $9.01 million of Series A venture funding from Silicon Gardens and other investors.
- Genrae, operator of a real estate marketplace platform intended to have responsible and sustainable access to homeownership, raised $750,000 of venture funding in the form of convertible debt.
Angel, Seed, and Grant
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- Acre, developer of a real estate technology platform intended to improve homeownership, raised an estimated $10 million of seed funding in a deal led by Anthemis.
- Shovels, developer of national building permits and contractor’s directory platform designed to compile and analyze public records, raised an estimated $5 million of Seed funding from Virta Ventures and other investors.
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Axel Reijmers
Managing Director
Former Head of Corporate Finance M&A Americas for the Royal Bank of Scotland and ABN AMRO Bank, based in New York. Began his career at ABN AMRO Bank in Japan, and subsequently in The Netherlands in the Corporate Finance department. Was seconded to New York in 2006 to co-establish the ABN AMRO North America Corporate Finance M&A department and grew it by advising medium and large companies on domestic and cross-border mergers, acquisitions, capital raisings and capital structurings. Led the management buyout of RBS Bank Mexico and RBS Broker-Dealer Mexico in 2014 and spearheaded the subsequent growth of the bank as Head of Investment Banking & Corporate Development. During his tenure he supported companies with capital and financing solutions with a focus on companies in the US and Mexican energy infrastructure sector and fintech sector. Holds a master’s degree in economics from Groningen University, The Netherlands. Holds FINRA Series 7 and 63 licenses.
- Email: areijmers@castleplacement.com
- (C) (201) 747-4718
 Axel ReijmersManaging Director |
Please contact me if you have any questions or would like to discuss your capital raise:#
Email: areijmers@castleplacement.com#
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Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
