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Dreamit UrbanTech Managing Director Andrew Ackerman (@andrewackerman) speaks about the current state of real estate tech and venture investing with with Michael Beckerman (@m_beckerman) of @DiscoverCREtech, David Goldberg of @CoriginVentures, Jeff Berman of @Camber_Creek, and Ed Walters of Tamarisc Ventures.
Dreamit HealthTech startup Sana Health recently won the MedTech Innovator competition at The MedTech Conference. Watch Sana’s winning pitch and learn more about how its product uses light and sound stimulation to increase neuroplasticity and reduce pain perception.
Dreamit HealthTech alum PhotoniCare and current cohort company Sana Health recently won awards at The MedTech Conference. Learn more about the awards they received and the medical devices they’re bringing to market.
The Real Estate Board of New York (REBNY) are hosting a PropTech Challenge and giving startups a chance to win $50,000. This new virtual real estate hackathon encourages the development of cutting-edge solutions to solve challenges faced by today’s leading real estate companies and removes the physical limitations of a traditional hackathon, while creating active mentorship for up-and-coming technology innovators.
Earlier this month, our team at Dreamit kicked off our Fall 2018 SecureTech cohort, the inaugural group of security-focused startups in our new program led by Bob Stasio. After evaluating hundreds of potential startups for entry into the program, several trends emerged that point to how security technology will evolve in the coming years. We wanted to share some of those insights with you.
The Draper Richards Kaplan Foundation recently made a rare for-profit investment in Dreamit HealthTech alum macro-eyes. With the new funding, macro-eyes plans to increase access to care by growing distribution for its product Sibyl.
Meet the four breakthrough companies were accepted into Dreamit’s growth-focused program for real estate tech and construction tech startups.
Seven startups were accepted into the inaugural program, led by Managing Director Bob Stasio
Dreamit UrbanTech Managing Director Andrew Ackerman gives his advice to founders in Propmodo about how to create a market size slide that will impress potential investors. Too often, founders present a top-down market size estimate that includes irrelevant pieces of the market and does not include any numbers related to product pricing. Investors have such low expectations from this slide that they often gloss over it during meetings and figure out the estimate themselves.
Dreamit UrbanTech Managing Director Andrew Ackerman talks about the qualities he likes to see when investing in companies, Dreamit Ventures customer immersion program, what separates Dreamit from other venture funds, and tips for impressing investors.
We recently announced our investment in InquisitHealth, a Dreamit HealthTech company focused on improving health outcomes via peer mentorship and coaching programs. The new round of funding brings InquisitHealth’s total funding, including non-dilutive grants from the National Institutes of Health, to $4.2M.
Blockchain applications have grown in popularity with the rise of technologies like Bitcoin and Ethereum. But, whether blockchain can transform or disrupt healthcare for the better remains unclear. In this article, we evaluate several potential use cases for blockchain in healthcare and showcase some of the startups that are bringing this technology to the industry.
At the Future of Real Estate Tech Summit in Miami, three investors joined a panel to discuss trends in proptech. Michael Beckerman (Founder, CEO of CREtech), Jeff Berman (Partner at Camber Creek), and Andrew Ackerman (Managing Director at UrbanTech Dreamit) are thought leaders in the space and discuss the biggest changes in the market. As the industry grows increasingly aware of the cost and time-saving benefits of real estate technology spurring adoption and boosting sales, investor interest has skyrocketed. In 2017, venture investors deployed over $5 billion in real estate technology, more than 150 times the $33 million invested in 2010.
Dreamit portfolio company LevelUp was acquired by Grubhub in a “spectacular outcome” for the accelerator and venture fund. Founder and CEO Matt Maloney told TechCrunch that while previous Grubhub acquisitions like Eat24 were designed to give the company’s delivery business more scale, “This is kind of a different acquisition. It’s a product and strategic positioning acquisition.”
PhotoniCare's new hand-held device uses advanced light-based technology to see through the eardrum to the middle ear. Otitis media, commonly known as middle-ear infection, is an inflammation in the middle ear, the area behind the eardrum. It's usually associated with the buildup of fluid.
How big is proptech market? Venture investors sank $18.6 billion into real estate property technology — known as proptech — firms from 2015 to 2017, and more than 25 percent of that came in the fourth quarter of last year alone, according to a report from real estate tech research and marketing agency Re:Tech. In 2017, VCs put $12.6B into the real estate tech sector, with WeWork and Compass leading in terms of funds raised. Softbank invested $4.4 billion in WeWork and $450 million in Compass. United Stated-based real estate tech firms comprised nearly $6.5 billion, or 52 percent, of the venture capital funding raised in 2017.
Real estate giants like JLL, CBRE, Newmark, and others are adapting to a new environment in which they are no longer the primary arbiters of market data in the commercial real estate sector. Tech companies with large transaction volume and innovative data collection methods are offering an alternative. In response, large CRE brokerages have diversified their businesses, rolling out advisory services for their clients and moving into areas like property management that are less cyclical than the data-dependent brokerage side of the business.
Looking to raise the next round of funding for your healthcare startup? To speed up the process of finding investors for your company, check out our database of 130+ healthcare-focused venture firms.
According to a new report published by commercial real estate giant JLL, VCs invested $1.05 billion in global construction technology startups in the first half of 2018, a record high. The investment volume in 2018 is already up nearly 30 percent over the 2017 total. These construction tech startups are helping to deliver projects more quickly, to reduce wasted resources and materials, to make worksites safer, to increase coordination among stakeholders on project sites, and to provide new data sources for project leaders.
According to a new report published by commercial real estate giant JLL, VCs invested $1.05 billion in global construction technology startups in the first half of 2018, a record high. 2018’s investment volume is already up nearly 30 percent over the 2017 total. These startups are helping to deliver projects more quickly, to reduce the amount of resources being consumed, to make worksites safer, to increase coordination among stakeholders in the projects, and to provide new data sources for project leaders.
While there’s no doubt that technology has made real estate transactions faster, more streamlined and more user-friendly for today’s real estate buyers, sellers and professionals, it has also made these same audiences more vulnerable to cybercriminals who are looking to cash-in. Earlier this year, the FBI reported that nearly $1 billion had been stolen from buyers in real estate transactions in 2017 and a 480 percent increase in inbound complaints—establishing the real estate industry as one of the fastest-growing targets for cyber attacks.
Headout, a mobile app that lets consumers book last-minute activities in 15 major cities, has raised $10 million in Series A financing. Nexus Venture Partners and Version One Ventures led the investment in the New York City-based startup, which has raised $12 million to date.