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To create a new class of property management that eliminates the headache of being overpromised rent and having to sell their home due to extended vacancies.
61% employee growth in 12 months
The industry of property management is quickly becoming archaic and inefficient. Antiquated systems don't take dynamic market data into consideration, and properties are left empty for months on end resulting in a $7 billion annual loss to small property owners.
Doorstead acts as a property manager that guarantees users rent at a predetermined price, whether the house is occupied or not. Algorithmic pricing, tenant interviews, and maintenance services are also handled by the startup, allowing owners to focus on earning on their own property concerns.
Doorstead claims to have met 100% of it’s guarantees to date, reduced vacancies by up to 76% and earned homeowners up to 9% in additional annual income.
Funds from their Series A round will be invested into enhancing its pricing model, developing technology and improving the product.
Kirsty
Company Specialist at Welcome to the Jungle
Jan 2023
$21.5m
SERIES B
Apr 2021
$12.5m
SERIES A
This company has top investors
Ryan Waliany
(CEO )Passionate about mentoring other entrepreneurs and helping startups with their growth strategies. They've helped build ~20 products from scratch and seen six businesses go from zero to 1M+ in revenue.
Jennifer Bronzo
(COO)Former Property Manager and UI/UX Designer/Product Manager prior to co-founding Doorstead.