housing

Apps, Enterprise, Venture

“YC Graduate Secures $31M for Revolutionary ‘TurboTax’ for Construction Permits”

This YC alum just raised $31M to build the ‘TurboTax for construction permitting’ Kleiner Perkins led the Series A, which came just over a year after seed roundAnyone who has ever tried to build or renovate a house knows the pain of obtaining construction permits. It’s no surprise then that the startup world has seen a flurry of startups focused on streamlining the permitting process. Today the company is announcing it has raised $31 million in Series A funding led by Kleiner Perkins, TechCrunch has learned exclusively. More affordable housingPermitFlow primarily works with general contractors to help make the permitting process less painful. “A municipality today will have a digital permitting process.

Zara Khan
February 21, 2024

Uncategorized

“Breaking Records: PadSplit’s Affordable Shared Housing Market Surpasses 10K+ Units”

“The largest portion of anyone’s income almost always goes toward housing costs,” founder and CEO Atticus LeBlanc told TechCrunch. “And if you look around, you know that housing costs are skyrocketing, as much as 40% in some markets. Most notably, active members have saved $2.6 million monthly and around $47.4 million in total savings generated. “The life-changing results speak for themselves… These incredible results have led PadSplit residents to purchase their own vehicles, traditional apartments, launch their own companies and buy their own homes,” added LeBlanc. PadSplit, meanwhile, reports that the average monthly cost to live in one of its units is $729.

Dylan Williams
January 30, 2024

Startups

Redfin Cuts More Jobs Amid Housing Market Slowdown

Redfin is laying off more workers as housing downturn persists

This seems to be Redfin’s pattern of cutting its workforce whenever the company hits a snag. Their last layoffs coincided with bad press and lackluster sales, suggesting that reducing staff…