If it wasn’t for WeWork’s failed IPO, Mike Romanowicz probably wouldn’t be building a proptech business right now. The entrepreneur left his position as director of product management and strategic partnerships at the famous co-working company in January.
At the time, Romanowicz detailed construction specs on small homes – that he had begun as a side hustle – were landing a couple of thousand dollars in revenue per month. He doubled down on his idea by investing $10,000 of his own money – which he used to relaunch the business under the name Den.
Den, which launched in July 2020, announced today that it has raised $3 million in venture capital in a round co-led by Gutter Capital and Crossbeam Venture Partners. It is far less capital than some of Den’s largest competitors have raised, including but not limited to Atmos, Read Entire Article