Portfolio
Darwin Homes
Tech enabled property management.
Acquired by Pagaya (PGY)
Why We Invested
Single-family homes are one of the largest asset classes within real estate investing, and ownership is highly fragmented across individual investors. But single-family rental home property management is broken—existing players have low (<10) NPSs. The Darwin Homes team is uniquely qualified to build the software, manage the local operations, and automate the operationally intense processes needed to scale this business.
Fintech
Ryan Broderick and Zach Kinlock
Co-founder and CEO; Co-founder
Headquarters
Austin, Texas
Year founded
2018
Investment lead
Website
darwinhomes.com
In the news
January 27, 2021
Why We Invested in Darwin Homes: Superpowering the Single-Family Residential Market
January 27, 2021
Why We Invested in Darwin Homes: Superpowering the Single-Family Residential Market
Business Insider
January 25, 2021
DoorDash Execs’ Proptech Company Darwin Homes Raises $15 Million Series A To Equip Investors in Single-Family Homes With Institutional Real-Estate Management Tools
Business Insider
January 25, 2021
DoorDash Execs’ Proptech Company Darwin Homes Raises $15 Million Series A To Equip Investors in Single-Family Homes With Institutional Real-Estate Management Tools
