Stellar Raises $20M in Series B Funding
- Stellar, a Dallas, TX-based technology-driven marketplace for the Single-Family Rental (SFR) market, raised $20M in Series B funding
- The round was led by Weatherford Capital with participation from Brick & Mortar Ventures, S3 Ventures, Alerion Ventures, and Navigate Ventures
- In conjunction with the financing, David Seider, Principal at Weatherford Capital, has been appointed to Stellar’s Board of Directors
- The company intends to use the funds to enhance its technology and platform, invest in talent in the areas of Operations, Sales, Marketing, and Technology, and expand into additional U.S. markets. U.S. market expansion is also on the horizon
- The company is a technology-driven marketplace that enables property managers and contractors to solve home maintenance issues
- The company serves 10 of the 11 largest SFR operators across 150,000+ properties, creating work for 8,000+ contractors
