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Poplar Homes Raises $53M Series B To Give Independent Real Estate Investors The Full-Stack Property Management Capabilities Of National Companies

Mar 28, 2022•over 3 years ago

Amount Raised

$53 Million

Round Type

series b

Cupertino

Description

Poplar Homes, a leading tech-enabled property management company for single family rental (SFR) investors, announced it has raised $53M in Series B funding led by LL Funds with participation from new and existing investors including Crescent Cove Advisors, AGNC Ventures, LLC, the corporate venture capital arm of AGNC Investment Corp. (Nasdaq: AGNC), well known computer scientist Jeff Dean, proptech VC Zain Jaffer, and other seed investors.

Company Information

Company

Poplar Homes

Location

Cupertino, California, United States

About

Poplar Homes is a technology-powered, full stack property management company that empowers both property owners and residents throughout their lifetime real estate journey. For renters entering the market, Poplar Homes rebalances the power dynamic and makes it easy to get approved, view available properties, and rent a home online. Once in the home, Poplar's easy-to-use platform makes everything from paying rent to requesting maintenance a breeze. For property owners, Poplar Homes makes maintaining a rental home as easy to manage a stock online. Poplar Homes has a global workforce of 244 employees and manages 7500+ doors in California, Washington, Colorado, Nevada, Texas, Missouri, and North Carolina. For more information, please visit www.poplarhomes.com. SOURCE Poplar Homes

Funding Insights

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