Portfolio
Darwin Homes
Tech enabled property management.
Acquired by Pagaya (PGY)
Why We Invested
Single-family homes are one of the largest asset classes within real estate investing, and ownership is highly fragmented across individual investors. But single-family rental home property management is broken—existing players have low (<10) NPSs. The Darwin Homes team is uniquely qualified to build the software, manage the local operations, and automate the operationally intense processes needed to scale this business.
Fintech
![Tech enabled property management.](https://cdn.prod.website-files.com/5fcfd68f4a1f462e259fd209/601081991b6e6f333e6ae802_Screen-Shot-2021-01-26-at-3.53.27-PM.jpg)
![Darwin Homes](https://cdn.prod.website-files.com/5fcfd68f4a1f462e259fd209/60198204d9d0bac0d6a5e947_Darwin%20logo%20use.png)
![Ryan Broderick and Zach Kinlock](https://cdn.prod.website-files.com/5fcfd68f4a1f462e259fd209/64d5507ffc61c88a75cf2fb1_Darwin%20Homes.png)
Ryan Broderick and Zach Kinlock
Co-founder and CEO; Co-founder
Headquarters
Austin, Texas
Year founded
2018
Investment lead
Website
darwinhomes.com
In the news
January 27, 2021
Why We Invested in Darwin Homes: Superpowering the Single-Family Residential Market
January 27, 2021
Why We Invested in Darwin Homes: Superpowering the Single-Family Residential Market
Business Insider
January 25, 2021
DoorDash Execs’ Proptech Company Darwin Homes Raises $15 Million Series A To Equip Investors in Single-Family Homes With Institutional Real-Estate Management Tools
Business Insider
January 25, 2021
DoorDash Execs’ Proptech Company Darwin Homes Raises $15 Million Series A To Equip Investors in Single-Family Homes With Institutional Real-Estate Management Tools