Doorvest

San Francisco, United States Founded: 2014 • Age: 12 yrs
Investment platform focused on real estate projects
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About Doorvest

Doorvest is a company based in San Francisco (United States) founded in 2014 by Andrew Luong.. Doorvest has raised $17.5 million across 4 funding rounds from investors including Human Interest, Invitation Homes and Open Listings. Doorvest has completed 3 acquisitions, including Getaway, Rubik and Wreno. Doorvest offers products and services including Doorvest Platform, Doormatch Algorithm, and DV Boost. Doorvest operates in a competitive market with competitors including Roofstock, Ten-X, Realty Mogul, Arrived and Cadre, among others.

  • Headquarter San Francisco, United States
  • Founders Andrew Luong
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $17.5 M (USD)

    in 4 rounds

  • Latest Funding Round
    $25 M (USD), Debt – Conventional

    Nov 18, 2021

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Getaway

    & 2 more

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Products & Services of Doorvest

Doorvest offers a comprehensive portfolio of products and services, including Doorvest Platform, Doormatch Algorithm, and DV Boost. 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.

Primary

Online service for acquiring and managing rental properties hassle-free

Algorithm that suggests personalized rental investment options

Feature to increase monthly rental income through unique offers

People of Doorvest
Headcount 10-50
Employee Profiles 20
Employee Profiles
People
Justin Kasad
CTO
People
Andrew Luong
CEO
People
Diva Lei
Senior Software Engineer
People
Bill Waggoner
Senior Renovations Manager

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Funding Insights of Doorvest

Doorvest has successfully raised a total of $17.5M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $25 million completed in November 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 Rounds 4
  • Last Round Debt – Conventional — $25.0M
  • First Round

    (29 Sep 2020)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2021 Amount Debt – Conventional - Doorvest Valuation

investors

Nov, 2021 Amount Series A - Doorvest Valuation M13 Company
Jan, 2021 Amount Seed - Doorvest Valuation Mucker
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Doorvest

Doorvest has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Human Interest, Invitation Homes and Open Listings. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Multiple sectors are invested in by M13 venture capital fund.
Founded Year Domain Location
Accelerator and venture capital firm
Founded Year Domain Location
Venture capital investing with a focus on diversity and inclusion in the ecosystem.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Doorvest

Doorvest has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Getaway, Rubik and Wreno. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
An online platform is provided for real estate investments.
2022
Construction professionals are hired via an online platform by users.
2021
Residential properties are sold via an online brokerage platform.
2017
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Doorvest

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Doorvest Comparisons

Employees
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Competitors of Doorvest

Doorvest 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 Roofstock, Ten-X, Realty Mogul, Arrived and Cadre, 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
Real estate investments are enabled via an online marketplace platform.
domain founded_year HQ Location
Commercial properties are discovered and traded via online platforms.
domain founded_year HQ Location
Online real estate equity and debt crowdfunding platform is operated.
domain founded_year HQ Location
Arrived is engaged in facilitating real estate investments.
domain founded_year HQ Location
Institutional real estate opportunities are accessed via a digital platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Doorvest

Doorvest Raises $39M in Funding
Finsmes4 years ago
Doorvest Raises $2.5m In Seed Funding
Finsmes5 years ago
Doorvest Raises $1M in Pre-Seed Funding
Finsmes5 years ago

Frequently Asked Questions about Doorvest

When was Doorvest founded?

Doorvest was founded in 2014 and raised its 1st funding round 6 years after it was founded.

Where is Doorvest located?

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

Who is the current CEO of Doorvest?

Andrew Luong is the current CEO of Doorvest. They have also founded this company.

Is Doorvest a funded company?

Doorvest is a funded company, having raised a total of $17.5M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Sep 29, 2020.

What does Doorvest do?

Doorvest was founded in 2014 in San Francisco, United States, as an investment platform in the real estate sector. Residential properties intended for rental purposes are identified, purchased, and invested in by users. Tools are provided for retirement goal management, rental property maintenance, capital appreciation calculations, tax benefit assessments, and investment return monitoring. Operations center on enabling accessible real estate investments.

Who are the top competitors of Doorvest?

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

What products or services does Doorvest offer?

Doorvest offers Doorvest Platform, Doormatch Algorithm, and DV Boost.

How many acquisitions has Doorvest made?

Doorvest has made 3 acquisitions, including Getaway, Rubik, and Wreno.

Who are Doorvest's investors?

Doorvest has 10 investors. Key investors include Human Interest, Invitation Homes, Open Listings, M13 Company, and Mucker.

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