American Homes 4 Rent has made an investment in Vesta Ventures Fund 1, a residential-focused proptech venture capital fund.
Vesta Ventures focuses its investments on early-stage businesses at the intersection of residential real estate and technology, with a proven track record of supporting some of the most promising companies in the sector.
The firm has recently participated in Series A funding for companies such as Elevation Energy Solar Solutions, a residential clean energy company, and PetScreening, a pet risk assessment and assistance animal validation platform for property managers.
"We are excited to partner with Vesta and expand our focus on residential proptech," said David Singelyn, CEO and co-founder of American Homes 4 Rent. "In keeping with our commitment to innovation, this investment provides us with access to the newest, cutting-edge technologies that focus on the resident experience and achieving operational efficiencies for our organization. T