- Doorvest, a San Francisco, CA-based online platform for owning income-producing private real estate, raised $2.5m in seed funding
- The round was led by Mucker Capital
- The company also intends to use the funds to grow its team and continue to expand its business reach
- Led by Andrew Luong, CEO & Co-Founder, Doorvest is an entirely-online platform for owning income-producing private real estate
- The platform also provides transparency via a comprehensive breakdown of monthly cash flow, property activity, legal documents, and reports through an investor dashboard
- Doorvest funds a renovation priced between $25,000 and $50,000 for each home, an undertaking that requires extensive planning, coordination, relationship building
