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Doorvest Raises $39M To Expand In Sun Belt States And Launches Direct Buying Program Platform

Nov 18, 2021about 4 years ago

Amount Raised

$39 Million

San Francisco

Description

Doorvest, a modern, frictionless way to own high-yield rental homes entirely online, today announced it has raised $39 million, inclusive of $14M in equity for its Series A and secured a $25M credit facility. The round was led by M13 with participation from Mucker Capital, Gaingels and Socially Financed and executives such as Tom Willerer, CPO at Opendoor; Adam Nash, CEO of Daffy, formerly CEO of Wealthfront and Marcus Ridgway, Founder of Invitation Homes.

Company Information

Company

Doorvest

Location

San Francisco, California, United States

About

Doorvest is an entirely-online platform for owning income-producing private real estate. They empower individuals to unlock homeownership, passive income, and equity by simplifying the process of buying and managing an affordable, high-yield rental home. It is the only platform that provides complete transparency via a comprehensive breakdown of monthly cash flow, property activity, legal documents, and reports through an investor dashboard. Learn more at https://doorvest.com/.

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