- Proptech firm Doorvest allows investors to buy, own, and operate a home to rent out — all remotely.
- The startup raised a $39 million Series A round with established funders like Invitation Homes.
- See the 12-slide pitch deck Doorvest used to raise the Series A funding.
Residential real estate investing is hot these days but not everyone has been able to participate.
There’s still a massive barrier to entry for retail investors without the financing and property management resources of institutions who are snapping up houses in enormous scale. Coming up with a downpayment is another problem, especially for millennials.
Proptech startup Doorvest thinks it has the solution.
Doorvest, founded in 2019 by Andrew Luong and Justin Kasad, helps everyday investors buy single-family homes to rent out for passive income….