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Mynd Property Management Raises $41.5 Million in Series C Financing

Jun 29, 2020•about 5 years ago

Amount Raised

$41 Million

Round Type

series c

Oakland

Description

Mynd Property Management, a full-stack tech-enabled property management company scaling the non-institutional segment of the $20-billion-plus single-family rental (SFR) sector, closed a Series C round of financing totaling $41.5 million. Wells Fargo led the round, joined by Mynd’s existing Silicon Valley investors, Canaan Partners, Lightspeed Venture Partners, and Jackson Square Ventures.

Company Information

Company

Mynd Property Management

Location

Oakland, California, United States

About

Mynd is a full-stack tech-enabled property management company serving the $20-billion-plus, non-institutional rental (SFR) sector with a combination of innovative technology and local expertise that enables best-in-class virtual property management. Headquartered in Oakland, Calif., Mynd currently manages over 7,500 units in 16 markets. With backing from leading Silicon Valley venture capital firms, the rapidly expanding proptech company delivers an unparalleled customer experience for both small residential property owners and residents with a mission to create happy homes and healthy investments. The company is developing an end-to-end real estate investment and management platform that offers remote SFR investing in the most attractive metros nationwide.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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