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Simply Homes Secures $22M To Expand Us Affordable Housing

PRIVATEDec 07, 2023

Amount Raised

$22 Million

Round Type

Funding Round

South PortlandReal Estate

Investors

Luke SherwinGabe FlatemanNeil ParikhRaven One VenturesAmbush CapitalVillage GlobalWatchung CapitalGutter Capital

Description

Simply Homes, an automated Single Family Rental (SFR) sourcing and underwriting platform developed to help solve the affordable housing crisis by mobilizing stagnant housing stock for use in the Housing Choice Voucher (HCV) program, today announced $22M in funding for operations and real estate acquisitions. The financing is led by Gutter Capital and Watchung Capital, with participation from Village Global, Ambush Capital, RavenOne Ventures, Neil Parikh, Gabe Flateman, Luke Sherwin, and others.

Quick answer

Simply Homes raised $22 Million in a Funding Round round, dated December 7, 2023. Investors: Luke Sherwin, Gabe Flateman, Neil Parikh, Raven One Ventures, Ambush Capital, Village Global, Watchung Capital and Gutter Capital. Simply Homes is based in South Portland, Maine, United States.

How much did Simply Homes raise?
Simply Homes raised $22 Million in a Funding Round round on December 7, 2023.
Who invested in Simply Homes?
Luke Sherwin, Gabe Flateman, Neil Parikh, Raven One Ventures, Ambush Capital, Village Global, Watchung Capital and Gutter Capital are named as investors in this round.
What does Simply Homes do?
Simply Homes is an automated SFR sourcing and underwriting platform addressing the affordable housing crisis by mobilizing stagnant housing stock.
Where is Simply Homes based and how big is it?
Simply Homes is based in South Portland, Maine, United States.
Who are the decision-makers at Simply Homes?
Fundz holds 1 contact at Simply Homes. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Real Estate around the same time

Companies in the same sectors as Simply Homes that raised within 45 days of this round, from Fundz verified event records.

  • Upflex raised $6.4M on January 18, 2024.
  • ClosingLock raised $12M on January 17, 2024.
  • Requity Homes raised $26M (Funding Round) on January 11, 2024.
  • einwert raised $4.3M (Seed) on January 9, 2024.
  • Comstock raised $5.5M on December 27, 2023.
  • Guardian Storage raised $6.5M on December 20, 2023.

Who to call at Simply Homes, and when

A new round usually means Simply Homes is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Simply Homes raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Simply Homes, from your own LinkedIn network

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Company Information

Company

Simply Homes

Location

South Portland, Maine, United States

About

Simply Homes is an automated SFR sourcing and underwriting platform addressing the affordable housing crisis by mobilizing stagnant housing stock. Simply Homes leverages its proprietary ML and AI-powered automated sourcing and underwriting platform to identify, value, and acquire stagnant housing stock and make them available for their next family—primarily those eligible for HUD's Housing Choice Voucher program.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.