Doorstead, a San Francisco, CA-based provider a property management service, raised $21.5M in Series B funding.
This round, which brought total funding to $37M, was led by Avanta Ventures, Madrona, MetaProp, and M13.
The company intends to use the funds to invest in technology innovation, develop additional services and products to serve a variety of properties, and expand the platform to increase service coverage.
Founded in April 2019 by co-founders Ryan Waliany, and Jennifer Bronzo, Doorstead is a property management service that provides homeowners with an upfront vacancy period and a guaranteed minimum monthly rent before a tenant is placed. It provides full-service property management, from getting a property rent-ready to conducting showings and screening tenants, inspecting the property, taking care of maintenance requests, and more.
The company also acquired Knox Financial’s Massachusetts portfolio to expand services to homeowners and renters on the East Coast.
Today, over 2,000 property owners have used Doorstead to care for homes and renters and generate consistent rental income.
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