Maker of At-Home Covid Test Seeks Funds at $1 Billion Valuation

(Bloomberg) — Everlywell Inc., a health startup that sells a Covid-19 home-testing kit, is in talks to raise fresh capital at a valuation of $1 billion or more.

a close up of a hand holding a blue object: A doctor wearing surgical gloves holds test tubes containing saliva swabs during coronavirus symptom tests in the outpatient clinic at the Paracelsus Clinic in Zwickau, Germany, on Thursday, April 2, 2020.

© Bloomberg
A doctor wearing surgical gloves holds test tubes containing saliva swabs during coronavirus symptom tests in the outpatient clinic at the Paracelsus Clinic in Zwickau, Germany, on Thursday, April 2, 2020.

Prospective investors including venture capital firms are participating in the discussions, according to a person familiar with the matter who asked not to be named. The company reached a valuation of $175 million after a fundraising round last year, according to Pitchbook estimates.

The latest effort, if successful, would vault Everlywell to unicorn status, giving it a lead among niche telehealth startups that are rushing to expand. The global pandemic has been a boon for such companies as patients seek to avoid the risk of visiting a doctor.


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Smart Home Appliances Market Is Reaching A Value Worth $92.72 Billion By 2027 | Grand View Research, Inc – Press Release

“Grand View Research, Inc. – Market Research And Consulting.”

According to report published by Grand View Research, the global smart home appliances market size was valued at USD 32.30 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 14.1% from 2020 to 2027.

The global smart home appliances market worth USD 92.72 billion by 2027, at a CAGR of 14.1%, according to a new report by Grand View Research, Inc. Growing urbanization and demand for electrical appliances is likely to propel a huge demand in the upcoming years. In addition, increase in competition for manufacture of production of innovative home appliances is expected to play a pivotal role in shaping the market growth in the forthcoming years.

The demand for smart home appliances such as smart air purifiers, smart lights, smart washing machines, and others is likely to enhance the market growth. Rise

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Invitation, Rockpoint Forge $1 Billion Rental-Home Deal

Real-estate investors have a mountain of money looking for a home. Lately a lot of it is ending up in suburban single-family houses.

Invitation Homes Inc.,

INVH -0.37%

the country’s largest rental-home owner, on Wednesday disclosed a joint venture with Boston property investor Rockpoint Group LLC that will result in more than $1 billion for the landlord’s ongoing house hunt.

Invitation, which owns about 80,000 houses, has been buying at a clip of roughly $200 million a quarter since a pause at the onset of the coronavirus lockdown. It sold $448 million of new shares in June to fuel its expansion, and the agreement with Rockpoint will add enough cash to buy about 3,500 more homes, said Dallas Tanner, Invitation’s chief executive.

It is the latest example of cash flowing from large money managers to single-family-rental companies. Financiers created the companies a decade ago to buy foreclosed homes by the

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DIY Home Improvement Market Projected to Reach $1137.57 Billion by 2025, at a CAGR of 4.8%

The MarketWatch News Department was not involved in the creation of this content.

Sep 08, 2020 (AB Digital via COMTEX) —
Home Improvement Market is valued at USD 819.53 Billion in 2018 and expected to reach USD 1137.57 Billion by 2025 with the CAGR of 4.8% over the forecast period.

Increasing development of the construction industry, increasing population, reducing living space, adoption of innovative interior & exterior like garden, smart kitchens etc.  are some  key impacting factors deriving the growth of the global DIY home improvement market. 

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DIY home improvement is a service refers to building projects that alter the structure of an existing home. It is used in renovation including improvements to lawns, gardens and outdoor structures such as gazebos and garages. It also incorporates maintenance, repair and general servicing tasks. End use of DIY home improvement is in residential and nonresidential buildings. Do-It-Yourself

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Smart Home Appliances Market Size Worth $92.72 Billion By 2027: Grand View Research, Inc.

SAN FRANCISCO, Sept. 23, 2020 /PRNewswire/ — The global smart home appliances market size is anticipated to reach USD 92.72 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 14.1% from 2020 to 2027. The market is likely to witness significant growth in the years to come on account of the growing geriatric population, improved M-2-M communication systems, new product development, and improvements in the Internet of Things (IoT).

Technology is responsible for providing effective energy saving solutions, which are backed by various initiatives and favorable reforms undertaken by the government bodies in developed regions, including Europe and North America. High-end devices, coupled with technologically advanced features, such as IP and Bluetooth, render a large proportion of the overall population with unaffordable technology, which, in turn, is expected to drive demand.

Key suggestions from the report:

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Corps seeks comment on environmental effects of $2 billion Mississippi River levee work | Environment

The Army Corps of Engineers has scheduled two virtual public meetings on its environmental assessment of a $2 billion plan to elevate levees and build stronger floodwalls along the Mississippi River from Missouri to the Gulf of Mexico, with most of the projects planned for areas in Louisiana around New Orleans and Baton Rouge. 

The meetings will be streamed live on the Facebook page of the agency’s New Orleans District office on Sept. 30 at 9 a.m. and Oct. 1, at 6 p.m. The Facebook page can be found at

090220 Mississippi River levee work map

Map shows planned levee and floodwall upgrades along the Mississippi River, 2020.

During the meeting, comments will be accepted through Facebook or by calling or texting (601) 392-2237. Written comments may also be emailed to [email protected] or mailed to District Engineer, U.S. Army Corps of Engineers, Vicksburg District, 4155 Clay St., Vicksburg, Miss.,

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