
Home365
Home365 | Home365 - Revolutionizing Rental Property Maintenance.
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- | investor investor investor investor investor investor | €0.0 | round |
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* | $26.0m | Series B | |
Total Funding | 000k |
Home365 operates as a technology-driven property management company, offering services for real estate investors in the Single-Family Rentals (SFR) market. Founded in 2016 by Daniel Shaked, the company is headquartered in San Jose, California, with a significant R&D center in Israel. Shaked's background includes founding a pay-per-call platform and over 15 years of experience in the hyperlocal services space, which informed his approach to solving pain points for homeowners and investors.
The company's business model centers on providing predictable returns for property owners by guaranteeing Net Operating Income (NOI). This is achieved through its flagship "OneRate" or "Profit Protect" plan, a subscription-based service where owners pay a flat, all-inclusive monthly fee. This fee covers a comprehensive suite of services, including property management, tenant screening and placement, rent collection, maintenance, and repairs. A key feature of this model is the underwriting of operational risks; Home365 offers guarantees on rental income, covering losses from vacancies and delinquencies, and absorbs the costs of routine maintenance and turnovers, effectively aiming to eliminate unexpected expenses for the owner.
Home365 utilizes a proprietary AI-powered platform to underpin its services. This technology analyzes over 40 data points for a given property—such as its age, size, and location—to predict maintenance needs and other operational events, thereby calculating the customized monthly fee. This data-driven approach automates many labor-intensive aspects of property management. For property owners, the platform provides a dashboard with real-time insights into their portfolio's performance, including occupancy rates and income statements. For tenants, it offers an app for reporting maintenance issues and communication, which are then dispatched to a network of over 5,000 vetted vendors.
The company has grown significantly through both organic expansion and strategic acquisitions. A major milestone was the June 2021 acquisition of SlateHouse Property Management, which expanded its portfolio to 7,000 properties valued at over $1 billion across multiple states. Home365 has secured substantial funding to fuel its growth, including a $16.3 million Series A round in June 2021 and a $26 million Series B round in March 2022. As of early 2022, the company managed over $1.5 billion in assets. It serves real estate investors, particularly those with small to medium-sized portfolios, who seek a passive investment experience with predictable financial outcomes.
Keywords: property management, real estate investment, PropTech, single-family rentals, net operating income guarantee, AI property management, OneRate fee, passive real estate investing, tenant management, maintenance automation, InsureTech, asset performance, rental income guarantee, real estate technology, Daniel Shaked, portfolio optimization, property maintenance, real estate analytics, SFR management, investment property services
Tech stack
Investments by Home365
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