| Home365 | |
| Type: | Private |
| Industry: | Real estate, Property management |
| Founded: | 2016 |
| Founder: | Daniel Shaked |
| Hq Location: | US |
| Key People: | Daniel Shaked (founder and CEO) |
| Services: | Property Management, Rent Guarantee, Home Warranty, Property Management Software |
Home365 is a real estate property management company headquartered in the United States, with a research and development center in Israel.[1] [2] [3] The company developed a vertical SaaS technology to operate SFR (Single Family Rentals) Property Management & Real Estate investing. It automates labor-intensive processes, financial transactions (AP/AR), property accounting, leasing, vacancy and delinquency activities.
Home365 was founded in 2016 by Daniel Shaked.[4] In June 2021, Home365 acquired a U.S.-based SlateHouse Property Management.[5] As of 2024, the company provided more than $1.5 million in rent guarantees,[6] and covered $1.4 million in repairs. The company has 18 locations across nine states, including its recent expansion to Phoenix.[7]
Home365 provides services to assist real estate investors in managing unexpected costs related to vacancies, delinquency, and operational issues. The company utilizes proprietary software to forecast potential risks and incorporates these forecasts into a coverage plan to mitigate financial exposure.
It provides an AI-driven platform that supports investors through real estate investing education, acquisition of investment properties, and property management of assets.[8] It analyzes 40 data points such as property age, size and location to evaluate asset performance. It also handles key aspects of property ownership, including management, maintenance, and operational costs.[9] The company uses data analysis to predict maintenance incidents and manage properties. It maintains a vendor network that performs maintenance tasks to reduce handling times.[10] [11]
Locations include Pennsylvania (Lancaster, Philadelphia, Pittsburgh, York, Harrisburg, Pottstown, Reading, Lehigh Valley, Scranton), Virginia (Hampton Roads, Norfolk), New Jersey (Trenton), Maryland (Baltimore), Georgia (Atlanta), Nevada (Las Vegas), Michigan (Detroit), Illinois (Chicago), and Arizona (Phoenix).
As of 2024, Home365 has raised $60 million in several funding rounds. In 2016, the company raised $7.7 million in a Series seed round led by Lool Ventures. This was followed by a Series A round in June 2021, where they secured $16.3 million, led by Greensoil PropTech Ventures.[12] [13] [14] On March 29, 2022, Home365 raised $26 million in a Series B round led by Viola Growth.[15]