Once high-flying proptech startups Divvy Homes and EasyKnock are the latest to struggle
Many proptech startups, born and funded during the low-interest-rate heydays, are in the throes of struggle. With investments into U.S.-based real estate startups falling from $11.1 billion in 2021 to $3.7 billion last year, according to PitchBook data, some are selling themselves off, while others are closing shop. The two most recent examples are the […]
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Summary
The article discusses the challenges faced by proptech startups, such as Divvy Homes and EasyKnock, amid a decline in investments in U.S.-based real estate startups. Many proptech companies are struggling, with some selling themselves off or closing down due to the changing market conditions.
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