Valley Bank released their second annual Present and Future of Proptech Report that summarizes industry trends and the impact of rising interest rates, remote work and economic uncertainty on the. | April 18, 2023
Doma This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Doma, previously States Title, announced it would be going public via a merger with a SPAC.
Doma will merge with the fifth of seven SPACs administered by Capitol investment.
The residential real-estate world is adopting new tech at warp speed as transaction volume breaks records.
Doma, formerly known as States Title, announced today that it has entered into a merger with a SPAC . The company, which announced its new name today as well, will be merging with Capitol Investment Corp. V, the fifth SPAC administered by Capitol Investment.
OMERS Ventures; Fifth Wall; Warburg Realty; Nine Four Ventures; Samantha Lee/Business Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
2020 was proptech s arrival party, as real-estate companies had to turn to digital solutions in the face of the pandemic.
The term refers to companies that provide technology and tech-enabled business models for application in the real estate industry.
The biggest winners of the year were companies that were able to digitize workflows and transactions and make them more efficient.
A big loser this year was the master-lease business model in flex office and short-term rental, as many companies switched to revenue-sharing models.