Pitch book

The Present and Future of Proptech: Charting a Clearer Path in Murky Markets

Retrieved on: 
Tuesday, April 9, 2024

The report was developed in collaboration with Pitchbook, Chris Green, Founder and CEO of GreenPoint Partners and Zak Schwarzman, General Partner, MetaProp.

Key Points: 
  • The report was developed in collaboration with Pitchbook, Chris Green, Founder and CEO of GreenPoint Partners and Zak Schwarzman, General Partner, MetaProp.
  • The majority of 2023 industry-wide investment in Proptech - 70 percent - was in venture capital with 144 deals closed for a combined value of $2.9 billion.
  • This was a sharp decline from 2022 as the pace of deal making in Proptech was impacted by the general slowdown in most other asset classes.
  • “This decline can be attributed to a number of economic and geopolitical factors,” said Tom Iadanza, President, Valley Bank.

Horizon3.ai Recognized as a Fastest-Growing Cybersecurity Company on the Fortune Cyber 60 List

Retrieved on: 
Monday, December 18, 2023

Horizon3.ai , a leading provider of autonomous security solutions, today announced that it has been named to the Fortune Cyber 60 2023 list .

Key Points: 
  • Horizon3.ai , a leading provider of autonomous security solutions, today announced that it has been named to the Fortune Cyber 60 2023 list .
  • The Fortune Cyber 60 is a new listing of the most important venture-backed startups that offer enterprise-grade cybersecurity solutions.
  • View the full release here: https://www.businesswire.com/news/home/20231218142256/en/
    Horizon3.ai is a 2023 Cyber 60 selection by Fortune Magazine.
  • To construct the Fortune Cyber 60 list, Lightspeed Venture Partners surveyed over 300 cybersecurity startups based on market data provided by Pitchbook.

Expel Lands on Inaugural Fortune Cyber 60 List of Most Important Venture-Backed Startups that Offer Enterprise-grade Cybersecurity Solutions

Retrieved on: 
Thursday, December 14, 2023

“We’re honored to be recognized on this list for the important work we’re doing charting the future of our industry,” said Dave Merkel, CEO and co-founder of Expel.

Key Points: 
  • “We’re honored to be recognized on this list for the important work we’re doing charting the future of our industry,” said Dave Merkel, CEO and co-founder of Expel.
  • It's no wonder that demand for cybersecurity services is booming.” Fortune continued, “Fortune teamed up with Lightspeed Venture Partners to identify the fastest-growing startups in this critical field.”
    The spot on the Fortune Cyber 60 list is the most recent accolade Expel has achieved in 2023.
  • To compile the Fortune Cyber 60 list, Lightspeed Venture Partners surveyed over 300 cybersecurity startups based on market data provided by Pitchbook.
  • The companies in the Fortune Cyber 60 offer a broad range of tools and services, from threat detection and identification management to disaster recovery and compliance with regulations.

Shore Capital Partners Announces Partnership with ACTION Termite and Pest Control

Retrieved on: 
Friday, December 8, 2023

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce it has completed a partnership with ACTION Termite & Pest Control (the “Company” or “ACTION”), a pest control company based in Phoenix, Arizona.

Key Points: 
  • Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce it has completed a partnership with ACTION Termite & Pest Control (the “Company” or “ACTION”), a pest control company based in Phoenix, Arizona.
  • ACTION Termite and Pest Control, a well-established and highly regarded player in the pest control industry, has earned a stellar reputation for its comprehensive suite of pest control services and unwavering dedication to customer satisfaction.
  • “We are excited about the opportunities that this partnership with Shore Capital Partners presents for our team and our customers,” said Brent Agee, CEO of ACTION Termite and Pest Control.
  • With a focus on delivering customer satisfaction, ACTION Termite and Pest Control has become a trusted name in the pest control industry.

ReGen III: Investor Outreach for Texas City Capital Raise Commences

Retrieved on: 
Thursday, June 29, 2023

Over the past four months, ReGen III and its advisors have worked diligently to prepare and populate a new data room, create a marketing teaser document, craft a Confidential Information Memorandum (CIM), develop an updated financial model and identify the investor outreach list.

Key Points: 
  • Over the past four months, ReGen III and its advisors have worked diligently to prepare and populate a new data room, create a marketing teaser document, craft a Confidential Information Memorandum (CIM), develop an updated financial model and identify the investor outreach list.
  • "We are excited to see the progress made in our partnership with National Bank Financial and their outreach efforts to potential institutional investors," said Greg Clarkes, Chairman & CEO of ReGen III.
  • "We are grateful for the dedication and hard work of NBF's team in bringing our Texas City investment opportunity to the forefront.
  • National Bank Financial Inc. ("NBF") is acting as a financial advisor to ReGen III with respect to its Texas City capital raise.

The Present and Future of Proptech Report: Capitalizing on Current Volatility

Retrieved on: 
Tuesday, April 18, 2023

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 property tech category.

Key Points: 
  • 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 property tech category.
  • The majority of Proptech investment in 2022 was in venture capital with 213 deals closed for a combined value of $4 billion.
  • “Despite rising interest rates and volatile economic factors, Proptech remained a strong investment category in 2022,” said Stuart Cook, Chief Innovation Officer, Valley Bank.
  • “The shift towards sustainably built new structures and retrofitting existing assets is either in progress or being planned for extensively by owners and investors.

NAV Facilities Gain Momentum Among Alternatives Funds

Retrieved on: 
Tuesday, February 28, 2023

A NAV facility is most often a loan – extended by banks, insurance companies and specialty private lenders – to an alternative investment fund that is secured by the fund’s investments, which collectively comprise its NAV.

Key Points: 
  • A NAV facility is most often a loan – extended by banks, insurance companies and specialty private lenders – to an alternative investment fund that is secured by the fund’s investments, which collectively comprise its NAV.
  • These investments may consist of private equity, venture capital, infrastructure, credit, real estate or holdings in other investment funds.
  • Unlike leveraged loans, high-yield bonds or residential mortgages, NAV facilities enjoyed favorable credit outcomes during the crisis, with minimal defaults and losses.
  • An alternative use of a NAV loan is when institutional investors seek incremental leverage on their Limited Partnership (LP) holdings in alternative funds.

EdgeIn Launches No-Cost, Low-Cost Alternative to Crunchbase / Pitchbook for Web3 Data with a Shared Community Revenue Model

Retrieved on: 
Thursday, January 26, 2023

SAN FRANCISCO, Jan. 26, 2023 /PRNewswire-PRWeb/ -- If you're looking for reliable, Web3 community data, look no further. EdgeIn, the only democratized platform for company, project, team, investment and token data, today announces its first paid product offering. For $14.99/month, get real-time updates on the companies, people, deals and events you're most interested in, giving you an unprecedented edge in Web3.

Key Points: 
  • EdgeIn launches community platform to provide access to the largest, validated dataset for Web3 companies, projects, teams, investments and token data.
  • SAN FRANCISCO, Jan. 26, 2023 /PRNewswire-PRWeb/ -- If you're looking for reliable, Web3 community data, look no further.
  • EdgeIn , the only democratized platform for company, project, team, investment and token data, today announces its first paid product offering.
  • "EdgeIn's goal is to remove all manner of obfuscation in the Web3 industry and provide the data reliability this community deserves," said Redg Snodgrass , founder and CEO of EdgeIn.

Prime Batteries Technology and EIT InnoEnergy join forces to scale up battery and storage production in Europe

Retrieved on: 
Friday, November 11, 2022

Prime Batteries Technology produces state-of-the-art lithium-ion batteries and tailor-made battery systems for the automotive, smart grids, and industrial sectors.

Key Points: 
  • Prime Batteries Technology produces state-of-the-art lithium-ion batteries and tailor-made battery systems for the automotive, smart grids, and industrial sectors.
  • The company possess unique expertise on integrated battery production that includes cells manufacturing, modules and packs building, as well as constructing and operating grid scale Energy Stationary Storage (ESS) units.
  • The company has signed an investment agreement with EIT InnoEnergy with the aim to scale up its annual production output to 8 GWh.
  • Prime Batteries Technology has long-standing experience in producing battery and tailor-made storage solutions across a range of industries including automotive, marine, industrial and material handling, and energy storage.

Prime Batteries Technology and EIT InnoEnergy join forces to scale up battery and storage production in Europe

Retrieved on: 
Friday, November 11, 2022

Prime Batteries Technology produces state-of-the-art lithium-ion batteries and tailor-made battery systems for the automotive, smart grids, and industrial sectors.

Key Points: 
  • Prime Batteries Technology produces state-of-the-art lithium-ion batteries and tailor-made battery systems for the automotive, smart grids, and industrial sectors.
  • The company possess unique expertise on integrated battery production that includes cells manufacturing, modules and packs building, as well as constructing and operating grid scale Energy Stationary Storage (ESS) units.
  • The company has signed an investment agreement with EIT InnoEnergy with the aim to scale up its annual production output to 8 GWh.
  • Prime Batteries Technology has long-standing experience in producing battery and tailor-made storage solutions across a range of industries including automotive, marine, industrial and material handling, and energy storage.