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Doorstead, A Full-Service Property Manager That Provides Cash-Flow Certainty To Residential Landlords With Its Upfront Rental Guarantee, Raises $12.5 Million In Series A Funding

Apr 15, 2021•over 4 years ago

Amount Raised

$12.5 Million

Round Type

series a

San Francisco

Description

Doorstead, a technology-operations company that specializes in full-service property management, announced today that it has raised $12.5 million in Series A funding. The round was led by Madrona Venture Group, an early investor in tech-enabled residential real estate brokerage Redfin. The oversubscribed round also included operating executives from OpenDoor, Uber, and Docusign.

Company Information

Company

Doorstead

Location

San Francisco, California, United States

About

Doorstead endeavors to eliminate the headaches, friction and uncertainty involved with owning and operating single-family rental properties. Starting with pricing, cash flow, and occupancy, Doorstead provides complete peace of mind for its owner-customers. Doorstead’s application of data and technology to the full lifecycle of the rental experience enables the company to provide better cash flow to owners and higher satisfaction to both owners and tenants.

FundzWatch™ Score

84
Medium Activity

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech