Simply Homes
Portland, United States · Founded 2020 · $22.0M raised
- Headquarters
- Portland
- Founded
- 2020
- Business Model
- Marketplace
- Website
- simplyhomes.com
- Total Funding
- $22.0M
- Last Round
- $22.0M Series ADec 2023
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Simply Homes is a Portland, Maine-based real estate startup founded in 2020 by CEO Brian Bagdasarian and CFO Robert Kavanagh that buys single-family homes in underserved neighborhoods, renovates them, and rents them to very low-income, elderly, and disabled tenants, including Section 8 voucher holders. The company uses machine learning to underwrite acquisitions using HUD housing-voucher data for rapid, accurate purchase decisions. It runs an operating-company/property-company structure and currently operates in Pittsburgh, Pennsylvania and Cleveland, Ohio, with plans to expand into Baltimore and the Midwest.
Summary
Simply Homes is an E-Commerce company based in Portland, United States, founded in 2020. It has raised $22.0M in total across 1 round, most recently a $22.0M Series A round in Dec 2023. Investors include Gutter Capital, Watchung Capital and Village Global.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Dec 2023
Investors
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