Home 365 was founded in 2016 by Daniel Shaked.[7] In June 2021, Home365 acquired a U.S.-based SlateHouse Property Management.[8] As of 2024, the company provided more than $1.5 million in rent guarantees,[9] and covered $1.4 million in repairs. The company has 18 locations across nine states, including its recent expansion to Phoenix.[10][11][12]
Overview
It offers services to help real estate investors manage costs related to vacancy, delinquency, and property operations.[13] Using AI, it helps the investors with real estate investing, acquisition of investment properties, and property management of the assets.[14][15] It analyzes 40 data points such as property age, size and location to evaluate asset performance. It also handles key aspects of property ownership, including management, maintenance, and operational costs.[16] The company uses data analysis to predict maintenance incidents and manage properties. It maintains a network of vendors that perform maintenance tasks, with the aim of reducing handling times.[7][17][18]
Funding
As of 2024, Home 365 has raised $50 million in several funding rounds.[7] On April 19, 2019, the company raised $7.7 million in a Series A round led by J-Ventures. This was followed by another Series A round in June 2021, where they secured $16.3 million, led by Greensoil PropTech Ventures.[19][20][21] On March 29, 2022, Home365 raised $26 million in a Series B round led by Gatewood Capital Partners.[7][17][16][22]
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