Kabbage and
Creditjusto. Several investments (IE Kabbage and SoFi) have been successfully exited, while others remain portfolio companies. Overall, Thomvest touts 9 investments in unicorns and 65 investments in total.
Founded in 1996 by
Peter J. Thomson, who is a Director of
Thomson Reuters Corporation, the company is “committed to helping entrepreneurs build industry-leading companies in large and growing markets.”
Recently,
Crowdfund Insider connected with
Nima Wedlake, a Principal at Thomvest, who is targeting the real estate and Fintech verticals. Last year, Wedlake was recognized as one of 25 Rising Stars of Fintech VC by
Business Insider – a nice recognition.
As the world knows, Fintech is hot as financial services experience a multi-decade digital transformation. Brick and mortar operations are on the decline and Fintech everywhere is on the rise.
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.