What Doorvest does

Doorvest is an AI-native property management and single-family rental (SFR) investing platform that operates a full-stack Buy/Manage/Sell service for individual investors. Founded in 2020 by Andrew Luong (CEO) and Justin Kasad (CTO), the company serves primarily high-income professionals across tech, healthcare, and finance who want passive exposure to rental real estate without direct landlord responsibilities. The platform combines a curated property marketplace, institutional-grade underwriting, and ongoing property management under one operational umbrella, with 2,000+ doors under management across six active states (OH, TX, OR, OK, GA, FL) plus Tennessee. Doorvest reports >$200M in platform AUM, >$10M in annual rent earned by investors, 95% on-time collection, and sub-5% vacancy.

The underlying technology is an AI-powered operating system with an agentic execution layer that automates leasing, maintenance, billing, and collections across the managed portfolio, supported by two 2025 acquisitions: Rubik (ML-driven off-market property sourcing) and Wreno (vendor management and project automation for maintenance/construction coordination). The company also runs a parallel "Join Forces" M&A motion targeting local property management companies with 100–1,000 doors, integrating acquired operators onto the platform via a playbook that completes onboarding in under 90 days. Doorvest has executed three acquisitions in 14 months (Getaway in Sep 2024, Rubik in Jan 2025, Wreno in Jul 2025).

Doorvest generates revenue from a mix of recurring and transactional fees. Property management fees of 8–10% of monthly rent provide a recurring base, supplemented by leasing fees (50–100% of one month's rent), lease renewal and assumption fees ($250 each), an $85-per-unit onboarding fee, vendor coordination markup of 18–28%, $12 owner-distribution processing, and ancillary eviction and expedited offboarding charges. Distribution is dual-motion: a self-serve product-led marketplace for individual investors paired with an enterprise field-sales channel for property management company acquisitions. The company has raised approximately $42.5M in equity across seed, Series A, and follow-on rounds (2020–2022), supplemented by a $50M credit facility from Pollen Street Capital in June 2022 to fund the rollup strategy.

Name

Doorvest

Legal name

Doorvest, Inc.

Website

https://doorvest.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Doorvest is an AI-native property management and single-family rental investing platform offering Buy, Manage, and Sell services to individual investors while acquiring local property managers for vertical integration across six US states.

Ownership category

akta.pro rank

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain, Others

Revenue model

1. Property Management Fees: Recurring management fees of 8-10% of monthly rent charged to homeowners for ongoing property oversight, tenant relations, rent collection, and maintenance coordination.
2. Leasing and Transaction Fees: One-time fees including leasing fee (50-100% of one month's rent), lease renewal fee ($250), lease assumption fee ($250), and onboarding fee ($85 per unit). Covers the full process of tenant screening, onboarding, and lease documentation.
3. Maintenance and Construction Coordination: Coordination fees for third-party vendor services (18-28% of labor and materials cost) and inspection services ($132-$240 per unit), providing oversight and quality management for property maintenance.
4. M&A Integration Revenue: Revenue growth through strategic acquisition of property management companies, integrating them onto the Doorvest platform and expanding the managed property portfolio.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Doorvest is a full-service real estate investing platform that enables individuals to buy, manage, and sell single-family rental investment properties through one integrated offering. The company curates investment properties on its marketplace with institutional-grade underwriting, then provides ongoing AI-powered property management covering leasing, maintenance, billing, and collections, and supports strategic exits including 1031 exchanges. It also acquires local property management companies and integrates them onto its AI-native operating system.

Product overview

Doorvest is a full-stack real estate investing platform offering a unified system for buying, managing, and selling single-family rental properties. The platform consists of three core service pillars—Buy (strategic property acquisition with institutional-grade due diligence), Manage (AI-powered property management with automated leasing, maintenance, and billing), and Sell (strategic exit optimization with premium buyer networks)—supported by the Doorvest Portal for homeowner dashboard access and the Doorvest Marketplace for browsing vetted investment properties. The platform also incorporates acquired technologies: Rubik (ML-powered off-market property sourcing) and Wreno (vendor management and project automation). An integrated investment analysis tool called 'The Math' provides scenario modeling for potential investors.

Differentiator

Problem solved

Functional benefit

Products and services

• Buy (Strategic Property Acquisition) Strategic property acquisition service for individual investors that provides curated investment opportunities, institutional-grade due diligence, transparent investment metrics, and verified rental income streams for single-family rental properties.
• Manage (AI-Powered Property Management) Property management service for investors featuring automated operational workflows, professional tenant relations, rent collection and reporting, maintenance coordination, and consistent revenue optimization for single-family rental properties.
• Sell (Strategic Exit Optimization) Strategic exit service for investors that provides professional guidance, performance-driven valuations, premium buyer networks, and 1031 exchange coordination to maximize returns when selling single-family rental properties.
• Doorvest Portal Centralized web portal for homeowners to view properties, communicate with property managers, review monthly statements, approve maintenance requests, and access documents, leases, and tax forms.
• Doorvest Marketplace Online marketplace of investment-ready single-family rental homes with full underwriting, comparables, and projected returns, enabling investors to browse and purchase vetted properties.
• The Math (Investment Analysis Tool) Investment analysis tool providing scenario modeling for rental property investments including cash flow projections, equity buildup calculations, tax advantages, and appreciation estimates.
• Join Forces (Property Management M&A Program) M&A partnership program for property management companies with 100–1,000 doors and $50K+ profitability, offering equity participation, technology integration via Doorvest's AI operating system, and a 4-step onboarding playbook completed in under 90 days.

Quantifiable outcome

• 95% on-time rent collection rate
• +3 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• WrenocoreStrategic or Co-development Partner · 16 July 2025Wreno was a vendor management and project automation firm focused on real estate. Acquired by Doorvest in July 2025 to strengthen operational capabilities for maintenance and construction service coordination across the managed property portfolio.
• RubikcoreStrategic or Co-development Partner · 15 January 2025Rubik was a data science and machine learning company focused on sourcing off-market single-family rental homes. Acquired by Doorvest in January 2025 to enhance property acquisition capabilities, technology, and increase acquisition volume and market reach. Since its 2021 launch, Rubik facilitated transactions for hundreds of properties across the U.S.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Mynd: Mynd is a tech-enabled residential property management company focused on single-family rentals, serving individual investors and small landlords — the same SMB segments Doorvest targets.
• Belong: Belong provides tech-enabled residential property management with an emphasis on single-family homes, competing head-to-head with Doorvest for both homeowner customers and acquisition targets in the M&A roll-up space.
• Roofstock: Roofstock operates a marketplace for single-family rental investments and provides property management services, directly overlapping Doorvest's Buy and Manage offerings for individual SFR investors.
• Second Nature (formerly Pillow): Second Nature delivers managed services for single-family rental owners using technology-driven workflows, directly comparable to Doorvest's Manage pillar for SMB landlords.

Broad incumbents

• FirstService Residential: FirstService is one of the largest residential property managers in North America, providing incumbent scale and brand recognition that any tech-enabled PM roll-up must ultimately compete against.
• Greystar Real Estate Partners: Greystar is the largest operator in U.S. rental housing, including a sizable single-family rental and BTR portfolio, and represents the scaled incumbent benchmark for Doorvest's M&A roll-up ambitions.

Others

• Zillow: Zillow operates the dominant U.S. real estate marketplace and Zillow Rental Manager, providing broad consumer demand and competitive pricing pressure that affect Doorvest's investor acquisition funnel even though it is not a direct PM operator.
• Compass: Compass is a large national real estate brokerage with adjacent property management services; while primarily transaction-focused, it competes for the same high-income investor personas Doorvest targets.

Emerging players

• Bungalow: Bungalow offers co-living and single-family rental experiences with bundled management services, overlapping Doorvest's SMB homeowner segment but with a different go-to-market emphasis on furnished rentals.
• Lula: Lula is an AI-native property management platform serving small landlords and SFR owners, targeting similar workflows to Doorvest's Manage product with a younger, narrower footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/doorvestco
• Facebookfacebook.com/doorvestco

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds6 records

Investors11 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Doorvest