Awning

San Francisco, United States Founded: 2002 • Age: 24 yrs Acquired By RedAwning
App-based real estate investment platform for individuals
Annual revenue - Latest available
Total funding $9.3M 1 rounds
Employees 9 Tracked headcount
Investors 9 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About Awning

Awning is a company based in San Francisco (United States) founded in 2002 was acquired by RedAwning in April 2024. Awning has raised $9.3 million across 1 funding round from investors including RedAwning, MassMutual Ventures and Global Founders Capital. The company has 9 employees as of December 31, 2020. Awning offers products and services including Airbnb Estimator, Vacation Rental Management, Long-term Rental Management, Furnishing Services, and Airbnb Market Data. Awning operates in a competitive market with competitors including Doorvest, Roofstock, Ten-X, Realty Mogul and Arrived, among others.

  • Headquarter San Francisco, United States
  • Employees 9 as on 31 Dec, 2020
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Awning, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $9.3 M (USD)

    in 1 rounds

  • Latest Funding Round
    $9.3 M (USD), Seed

    Sep 23, 2021

  • Investors
    RedAwning

    & 8 more

  • Employee Count
    9

    as on Dec 31, 2020

  • Acquired by
    RedAwning

    (Apr 24, 2024)

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Products & Services of Awning

Awning offers a comprehensive portfolio of products and services, including Airbnb Estimator, Vacation Rental Management, Long-term Rental Management, Furnishing Services, and Airbnb Market Data.

Product name locked
Category locked
Primary

Tool to estimate revenue for short-term rental properties

Product name locked
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Service for handling listings, cleanings, and guest communication

Product name locked
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Platform connecting investors with property managers

Product name locked
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Assistance in furnishing rentals to enhance appeal

Product name locked
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Provides data on markets for informed investment decisions

Funding Insights of Awning

Awning has successfully raised a total of $9.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $9.3 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Awning

Awning has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include RedAwning, MassMutual Ventures and Global Founders Capital.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Corporate-backed venture capital fund
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Venture capital firm focused on early-stage startups
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Auren Hoffman

American entrepreneur, angel investor, and CEO of SafeGraph, active in India
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Investor details for Awning

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  • Investor domains
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Investments & Acquisitions by Awning

Investments
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Investment portfolio details for Awning

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  • Transaction dates
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Financial Statements - Awning

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Detailed financials for Awning

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  • Profit trends
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Awning Comparisons

Awning Primary company
Description
App-based real estate investment platform for individuals
Location
San Francisco, United States
Founded Year
2002
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
9
As of 2020
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Peer comparison for Awning

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Competitors of Awning

Awning operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Doorvest, Roofstock, Ten-X, Realty Mogul and Arrived, among others.

Company Name Domain Founded year HQ Location Description
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Investment platform focused on real estate projects
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Real estate investments are enabled via an online marketplace platform.
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Commercial properties are discovered and traded via online platforms.
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Online real estate equity and debt crowdfunding platform is operated.
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Arrived is engaged in facilitating real estate investments.
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Institutional real estate opportunities are accessed via a digital platform.
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Detailed competitors of Awning

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Latest news on Awning

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Complete news archive for Awning

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Frequently Asked Questions about Awning

Awning was founded in 2002 and raised its 1st funding round 19 years after it was founded.

Awning is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Awning is a funded company, having raised a total of $9.3M across 1 funding round to date.

As of Dec 31, 2020, the latest employee count at Awning is 9.

Awning was founded in 2002 in San Francisco, United States, as an app-based platform in the real estate investment sector. Individuals are allowed to invest in various properties through the app, where rental incomes are earned. Day-to-day management of properties is handled by dedicated property managers. An algorithm is employed to display top rental homes to users. Operations focus on streamlining access to real estate opportunities for retail investors.

Awning's top competitors include Cadre, Arrived and Ten-X.

Awning offers Airbnb Estimator, Vacation Rental Management, Long-term Rental Management, Furnishing Services, and Airbnb Market Data.

Awning has 9 investors. Key investors include RedAwning, MassMutual Ventures, Global Founders Capital, Auren Hoffman, and Ed Wu.

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