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Doorvest
Offering easy, modern way to own high-yield rental homes entirely online
About Doorvest
Doorvest, Inc. operates as a real estate investment platform, providing an end-to-end service for individuals to invest in single-family rental homes remotely. The company was co-founded by CEO Andrew Luong and CTO Justin Kasad. Their journey began while working in the tech industry, where they personally built a portfolio of over a dozen rental homes in five years to achieve long-term financial security. Recognizing the complexities and high barriers to entry for new investors, they established Doorvest in 2020 to simplify the investment process.
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The company targets working professionals who wish to diversify their assets into real estate but lack the time or expertise for traditional property acquisition and management. Doorvest's business model involves identifying and purchasing properties in high-growth markets, managing renovations, and then selling the turnkey homes to investors. Revenue is generated through margins on these home sales and a recurring 10% property management fee based on collected rent. This fee structure incentivizes the company to keep properties occupied, as they do not charge for vacancies or tenant placement.
Doorvest's platform handles the entire investment lifecycle. After an investor specifies their criteria, the company sources and acquires a suitable property, oversees all necessary renovations to make it rent-ready, and places a qualified tenant. The investor then purchases the home, often with financing options facilitated by Doorvest's partners. Post-purchase, Doorvest manages the property for a mandatory one-year term, handling rent collection, maintenance, and tenant relations. Key service features include a renovation guarantee and a rental income guarantee for an initial period, which mitigates some risks for new landlords. The platform operates in several U.S. markets, including cities in Texas, Georgia, Oklahoma, Ohio, Tennessee, and Florida. Through strategic acquisitions like Wreno, an AI-powered property operations platform, Doorvest continues to vertically integrate its technology to enhance its service offerings for individual investors. Keywords: real estate investing, single-family rentals, turnkey properties, property management, passive income, financial security, proptech, remote investing, rental homes, investment platform, Andrew Luong, Justin Kasad, asset management, residential real estate, real estate technology, investment properties, out-of-state investing, cash flow properties, portfolio diversification, wealth building, property acquisition, renovation management, tenant placement, rent guarantee
At a glance
- Status
- Operational
- Founded
- 2014
- Headquarters
- San Francisco, United States
- Employees
- 26
- Open positions
- 8
- Dealroom signal
- 80.9/100
- Industry
- Real Estate
- Sub-industry
- Search, Buy & Rent
- Sector
- eCommerce & Marketplaces
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
- Investment activity
- 2 companies, latest Jul 2025
- Capital deployed
- —
- Preferred round
- ACQUISITION
Latest news
Press, funding announcements and product moves mentioning Doorvest.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Aug 2022 | — | — | Unpopular Ventures | — |
| DEBT✓Debt | Jun 2022 | $50M | — | Pollen Street Capital | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Doorvest is 10K monthly website visits, down 33.3% over the last three months. Doorvest's team grew 18.2% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
WrenoScottsdale, United StatesProvides high-paying home service jobs and required training across
$20Mvaluation
RubikNew York City, United StatesFinancial data platform for single family homes
$14Mvaluation
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A4 investors entered at this stage
Gaingels
M13
Socially Financed
Unpopular Ventures
Series B and later1 investor entered at this stage
Pollen Street Capital
Other known investors12 additional known investors
- 111121.vc
Alumni Ventures
Brian Zatulove
Derek Merrill
Flucas Ventures- INInvicta
Jiake Liu
Joinbeyond
Matthew Romaine
Saurabh Saxena
Spandana G.
Towerview Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Doorvest on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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