Home365 Overview
Home365 is a hybrid insurance technology and property management company that leverages data, artificial intelligence, and workflow automation to offer a personalized, all-inclusive management service that guarantees the net operating income of rental properties. The company aims to enable a true invest-and-rest strategy for real estate owners. Home365 helps property owners save up to 50% in management costs by predicting vacancies and various wear-and-tear maintenance incidents for a flat monthly rate tailored for each property. The company's management service includes full insurance-like protection coverage for operating expenses (such as maintenance, repairs, and turnover services) and ensures steady income with a rent guarantee. Home365 was developed by ClipCall Ltd.
Cumulative Funding Raised Over Time ($)
Latest News
Home365 Launches in Chicago: Guaranteed Net Operating Income Model Allows Investors to Acquire Investment Properties with Consistent, Passive Returns
growth-positive
Israeli-Founded Proptech Firm Home365 Raises $26M
Home365, an Israeli hybrid insurance technology and property management company, has completed a $26 million Series B funding round. The funding will be used to expand its AI-driven property management services to additional US cities, including Chicago, Seattle, and Phoenix. Home365 applies AI technology to property management, offering a net operating income guarantee model that secures the performance of real estate investors assets. The company currently manages over $1.5 billion in investment assets across 7,000 properties in 17 cities and seven states. The goal of Home365 is to democratize real estate investing and remove risks and hassles associated with being a landlord. The funding round was led by Viola Growth, with participation from climate-tech investors and venture capital firms.
InvestmentExpand
growth-positive
Proptech Home365 Closes $16M Funding Round
Property management firm Home365 has closed a $16.3 million funding round led by Alan Greenbergs venture capital fund. The company has also acquired SlateHouse Property Management and Realty, allowing it to manage 7,000 units. Home365 automates property management through its platform, offering predictive maintenance and property issue management. The funding will be used to improve products and expand into the Sunbelt region. Greensoil Proptech Ventures, one of the investors, sees Home365 as a potential consolidator in the property management space.
InvestmentAcquisition
growth-positive
Property management startup Home365 launches in Las Vegas
Home365 has acquired Pangea Realty & Property Management, allowing the company to expand its property management services to Las Vegas. Home365 offers full-service management for property owners, using an AI-powered algorithm to determine its monthly fee. The company aims to save property owners up to 50% in costs and improve communication between parties. Home365 has no minimum unit count and provides a rent guarantee for vacant units. The acquisition of Pangea Realty & Property Management positions Home365 to tap into the high demand for single-family home rentals in Las Vegas.
Acquisition
growth-positive
From 'Silicon Wadi' To Silicon Valley: An Interview with ClipCall CEO Daniel Shaked
ClipCall is a fully digitalized marketplace that connects homeowners with service professionals for home-related projects. The platform allows homeowners to upload videos of their projects and receive quotes from interested service professionals. ClipCall aims to revolutionize the homecare market by providing a structured and hassle-free experience for both homeowners and service professionals. The company currently operates in New York, New Jersey, L.A., and the San Francisco Bay Area, with over 1,500 registered businesses. ClipCalls CEO, Daniel Shaked, moved from Israel to Silicon Valley to take advantage of the knowledge, talent, and investor ecosystem in the area. Silicon Valley is considered the ideal place for Israeli entrepreneurs to build big companies and attract investment.
Customers
| Sector | Fintech & Insurtech |
Funding
| Total funding | $42.3M |
| Last funding | Undisclosed |
| Stage | B |
| Rounds | 5 |
| Investors | 11 |
Team Members
1
Employees: 51-200
Web & Social Links
| Website | www.home365.co |
| Careers | Careers page |
| App Store | App Store |
| Google Play | Google Play |
Locations
Zarhin 10, Ra'anana, Israel
824 San Antonio Rd, Palo Alto, California, USA
Photos & Videos
1 item(s)
