Based in the Bay Area, Home365, a full-service management startup for property owners, boasts offices in 14 major U.S. metros.

Property management startup Home365 raised $16.3 million in a funding round led by Greensoil Proptech Ventures.

Greensoil Proptech Ventures’ first fund was launched in 2015. Since then, it has invested in startups like Procore, ThoughtWireDealpathOxygen8, and Honest Buildings.

Other participants in Home365’s funding round, per The Real Deal, include Eyal Ofer, O.G. Tech Ventures, Verizon Ventures, Lool Ventures and North First Ventures.

The funding round is expected to continue helping the company expand and acquire firms.

Based in the Bay Area, Home365 was founded in 2015. As Inman previously reported, the startup offers full service management for property owners for a single fee. Those services can include placing tenants, dealing with maintenance issues, collecting rents, and attending to tasks that are typically taken care of by the manager. 

When it comes to determining the service fee, Inman reported, Home365 uses an artificial intelligence-powered algorithm that takes the age, size, location, and history of a property into consideration.

Through its platform, tenants are able to report the repairs needed in their homes, which are then tracked to completion. Tenants are also able to leave reviews of their experiences. 

“Home365 offers an advanced way to refine communication between parties, improve overall customer service and assist landlords in what can be a very demanding and stressful business,” CEO Daniel Shaked told Inman.

The company’s platform can also estimate maintenance costs, repairs, and a property’s monthly operating income, Per The Real Deal report.

“One of the major problems that you have with the performance of rentals is what happens after you buy,” Shaked was quoted in the report. “That’s the unique part of what we are doing: We are able to predict various events for a specific asset.”

According to The Real Deal, Home365 has a 40-agent realty section and operates in six states across 14 major metro areas including Las Vegas, Atlanta, Philadelphia, Pittsburgh, Trenton and Baltimore. 

Following news of the funding round, the company announced the acquisition of SlateHouse Property Management and Realty. The property management company is located in the U.S. with offices in 12 markets including Philadelphia, Scranton, Baltimore, Norfolk, Willingboro, and Harrisburg. 

According to The Real Deal report, the acquisition will add 7,000 managed rental units to Home365’s portfolio.

Gideon Soesman, co-founder of Greensoil Proptech Ventures, was quoted saying in the report that the venture capital firm is “looking at Home365 to become a consolidator.”

Email Libertina Brandt

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription