What the end of the real estate rally could mean for startups, the newest cybersecurity unicorn, and more - May 10, 2022

May 10, 2022 [What the end of the real estate rally could mean for startups]( Real estate market watchers see the combination of higher mortgage rates and diminishing affordability likely signaling a close to the era of fast-rising prices. Recently public startups in the real estate space, like most of the tech sector, have also taken a beating in the past few months. Given that startups for buying, selling and financing real estate raised large amounts of venture capital, it seems timely to look at how changing market conditions might affect their fortunes. [Email cybersecurity firm Abnormal hits unicorn status after $210M raise]( Abnormal Security has become cyber’s newest unicorn. The AI-based email security platform headquartered in San Francisco raised a $210 million Series C led by Insight Partners that values the company at $4 billion. [Why write-downs are good for companies and investors]( Although Instacart’s “slashed” valuation made headlines earlier this year, investors shouldn’t expect to see valuation cuts like these go away anytime soon. In fact, we are going to see lots of write-downs from late-stage companies, writes guest author Jared Carmel of MVP. [The Unicorn Report: A new $100B valuation boosts the board to $4.5T]( Last month 34 new unicorn companies joined [The Crunchbase Unicorn Board]( collectively adding $56 billion in value to the board and $10 billion in equity funding raised. But another company already on the board added another $100 billion in value all by itself, suddenly landing in third place on our list of the most highly valued startups in the world. [Global VC funding dipped in April, but it wasn’t a nosedive]( Global venture funding totaled $47 billion in April 2022—the lowest amount invested in private companies in the past 12 months—based on an analysis of Crunchbase data. While the dip isn’t massive, it does signal that the slowdown we saw in the first quarter of this year is the start of a longer-term shift in funding, particularly at late stage. [How startups are competing for talent in a tight labor market]( Tech’s reputation for cushy benefits and higher pay have helped the industry stand out among other sectors. But tech companies still need to step up their game to compete for talent in 2022’s tight labor market. [The Lead List: 13 hot companies to sell to in May]( In the first edition of The Lead List, a monthly emerging unicorn-based series, we analyze key buy signals from up-and-coming companies that are cash-rich, ripe for sales outreach, and solving a business problem that could make them the next billion-dollar unicorn. [Crunchbase ROI Calculator]( [See the number of new accounts Crunchbase can add to your funnel with our advanced prospecting ROI calculator powered by Crunchbase data.]( [Calculate]( Crunchbase Pro: Searches and Lists Name Type Entries [Top VCs in Asia with 10+ portfolio companies]( Investors 1163 [U.S. Black and Latinx founded companies with last funding at Series A/B]( Companies 143 [Funding Rounds In Singapore 2008 - 2017]( Funding Rounds 1338 [More Featured Searches and Lists]( [Check out our Crunchbase solutions here]( – prospecting tools made for everyone Recent Investments [Pyramid Analytics]( [$120M]( / [Series E]( Pyramid Analytics provides insights for employees across the organization with enterprise-level business analytics software. Categories: Analytics • Business Information Systems • Business Intelligence • Enterprise Software • Software Founders: [Avi Perez]( [Herbert Ochtman]( [Omri Kohl]( Investors: [H.I.G. Growth Partners]( (Lead), [Clal Insurance Enterprises Holdings]( [General Oriental]( [+ 5 more]( [Paymob]( [$50M]( / [Series B]( Paymob is a digital payments enabler for emerging markets, helping small and large enterprises accept payments online and in-store. Categories: Financial Services • FinTech • Mobile Payments • Payments Founders: [Alain El Hajj]( [Islam Shawky]( [Mostafa Menessy]( Investors: [Clay Point Investors]( (Lead), [Kora]( (Lead), [PayPal Ventures]( (Lead) [+ 7 more]( [Heard Technologies]( [$10M]( / [Series A]( Heard Technologies operates as a financial back office for therapists. Categories: Accounting • Finance • Financial Services • Health Care • Software • Wellness Founders: [Andrew Riesen]( [Victoria Li]( Investors: [Footwork]( (Lead), [Act One Ventures]( [Akins Van Horne]( [+ 8 more]( More Fundings Company Amount / Round Lead Investor [InfiniGods]( $9.0M / [Seed Round]( [Pantera Capital]( [Tomorrow Farms]( $8.5M / [Seed Round]( [Lowercarbon Capital]( [Simon Fraser University]( $1.3M / [Grant]( [Government of Canada]( [GoMetro]( 16M ZAR / [Seed Round]( [4 Decades Capital]( [Hike]( Unknown / [Venture Round]( [Jump Crypto]( [All Recent Funding Activity]( Recent Acquisitions [Watermark Lodging Trust]( Pending acquisition by [Brookfield Asset Management]( for $3.8B More Acquisitions Company Acquired By Amount [Tysers Insurance]( [AUB group]( 880M AUD [All Recent Acquisition Activity]( #{Rails.configuration.daily.cb_url} Discover innovative companies and the people behind them. 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