Company Overview
Snapshot
Founded in January 2015 by Daniel Shaked, Home365 operates with 51–200 employees. The company has raised $42.3M across 3 disclosed funding rounds from 11 investors. In March 2022, Home365 secured a B Round of funding, with Viola Growth participating as a lead investor.
Business overview
Home365 is a hybrid insurance technology and property management company that utilizes data, artificial intelligence, and workflow automation to provide an all-inclusive management service. This service guarantees the net operating income of rental properties, aiming to facilitate an invest-and-rest strategy for real estate owners. The company helps property owners reduce management costs by predicting vacancies and maintenance issues, offering a flat monthly rate that includes insurance-like protection for operating expenses and a rent guarantee. Home365 operates within the Fintech & Insurtech sector, serving the residential property management market.
Strategic signal
In June 2022, Home365 expanded its guaranteed net operating income model to Chicago, allowing investors to acquire properties with consistent passive returns. This strategic expansion into a major metropolitan market demonstrates the company's confidence in its AI-driven property management and insurance model, signaling potential for broader market penetration and scalability for investors seeking predictable real estate income.
Company Intelligence Q&A
- What is Home365's primary business model?
- Home365 operates on a B2B2C and B2C model, providing property management services that leverage technology to guarantee net operating income for real estate owners.
- When was Home365 founded?
- Home365 was founded in January 2015.
- Who is the founder of Home365?
- Daniel Shaked is the founder and CEO of Home365.
- What was a significant funding event for Home365?
- In March 2022, Home365 secured a B Round of funding, with Viola Growth participating as a lead investor.
- What was a key market expansion for Home365?
- In June 2022, Home365 launched its guaranteed net operating income model in Chicago, enabling investors to acquire investment properties with consistent, passive returns.