HomeUnion Raises $16M in Series B Funding

homeunion_logoHomeUnion, an Irvine, Calif.-based online real estate investment management company, raised $16m in Series B funding.

Backers included new investors Colchis Capital, Northgate Capital, Tamarisc and Artiman.

The company intends to use the funds to expand operations and to develop more online tools to analyze the performance of rental homes on a granular level – by neighborhood.

Led by Don Ganguly, CEO, HomeUnion aims to bring value investing to the individual investor in single-family rental (SFR) properties. The company provides all the services needed for individuals to invest remotely in SFR properties using a combination of data-driven proprietary analytics to incorporate over 120M homes and 200,000 neighborhoods into their database, and then delivers its solutions to an on-the-ground infrastructure that currently serves 17 locations.
HomeUnion’s role spans the lifecycle of the investment transaction including identifying sound investments, handling all aspects of acquisition, maximizing income, protecting asset value; and selling it when the time comes.
To date, the company has received a total of $23m in funding from venture capital firms and closed more than $50m in real estate transactions.



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