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0 0 0.00223886075020191 2.08630326876635E-16 -0.00374366879541944 -0.000220215811495274 -0.000513836893488902 -0.000477134258239725
Stock impact report

Era Ventures raises $88M first fund for transforming the “built” environment [TechCrunch]

American Financial Group, Inc. (AFG) 
Last american financial group, inc. earnings: 2/3 05:01 pm Check Earnings Report
US:NYSE Investor Relations: afginc.com/investors
Company Research Source: TechCrunch
veteran Clelia Warburg Peters from leaving her role as a venture partner at Bain Capital Ventures to launch her own proptech venture firm. Peters, unlike many other specialist proptech funds, invests in technologies that aim to transform the industry rather than simply serve existing players. “Things that are purely incremental improvements for the real estate industry are really tough to sell,” Peters told TechCrunch. “The real estate industry is a bad customer of technology. I think we've seen that pretty definitively at this point.” That message resonated with investors, who committed $88 million to the first fund of Peters' firm, Era Ventures. But her experience was also critical. Peters' career in real estate began over 10 years ago when she was asked to manage a family business, one of the largest independent real estate brokerages in the New York City area. She thought she would spend only six months helping the realty company before returning to her main passion, the Show less Read more
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