Mynd Raises $40M in Financing

mynd

Mynd, an Oakland, Calif.-based platform that enables anyone to buy, manage or sell Single Family Rental (SFR) properties across the United States, raised $40m in financing.

The round was led Invesco Real Estate, a global real estate investment manager.

The company intends to use the funds to:

  • accelerate the development of its technology platform for real estate investment and management,
  • scale all aspects of business operations, and
  • expand the capabilities of its acquisitions and renovations arm.

Led by Doug Brien, CEO and co-founder, Mynd provides a tech-enabled platform for finding, purchasing and managing rental properties. The company currently has more than 7,000 homes under management in 25 markets.

FinSMEs

02/06/2021