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
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Awning, Inc.
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool to estimate revenue for short-term rental properties
Service for handling listings, cleanings, and guest communication
Platform connecting investors with property managers
Assistance in furnishing rentals to enhance appeal
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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $9.3M
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First Round
First Round
(23 Sep 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2021 | Amount | Seed - Awning | Valuation | Global Founders Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Corporate-backed venture capital fund
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage startups
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Founded Year | Domain | Location | |
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AH
Auren Hoffman |
American entrepreneur, angel investor, and CEO of SafeGraph, active in India
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Awning
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Awning
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Awning Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Investment platform focused on real estate projects
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| domain | founded_year | HQ Location |
Real estate investments are enabled via an online marketplace platform.
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| domain | founded_year | HQ Location |
Commercial properties are discovered and traded via online platforms.
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| domain | founded_year | HQ Location |
Online real estate equity and debt crowdfunding platform is operated.
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| domain | founded_year | HQ Location |
Arrived is engaged in facilitating real estate investments.
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| domain | founded_year | HQ Location |
Institutional real estate opportunities are accessed via a digital platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Awning
Frequently Asked Questions about Awning
When was Awning founded?
Awning was founded in 2002 and raised its 1st funding round 19 years after it was founded.
Where is Awning located?
Awning is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Awning a funded company?
Awning is a funded company, having raised a total of $9.3M across 1 funding round to date. The company's 1st funding round was a Seed of $9.3M, raised on Sep 23, 2021.
How many employees does Awning have?
As of Dec 31, 2020, the latest employee count at Awning is 9.
What does Awning do?
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.
What products or services does Awning offer?
Awning offers Airbnb Estimator, Vacation Rental Management, Long-term Rental Management, Furnishing Services, and Airbnb Market Data.
Who are Awning's investors?
Awning has 9 investors. Key investors include RedAwning, MassMutual Ventures, Global Founders Capital, Auren Hoffman, and Ed Wu.
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