Real estate technology startup Darwin Homes received $15 million in Series A funding to invest in and manage single-family rental properties. Led by Canvas Ventures, the funding round included new investors Camber Creek, existing investors Khosla Ventures, Wave Capital, Pear Ventures, Silicon Valley Bank, and angel investors Tony Xu (DoorDash), Ryan Graves (Uber), and Andrew Marks (TQ Ventures). The Series A funding will be used to expand the company’s service to new locations, beginning with Florida, Ohio, Tennessee, Colorado and North Carolina.
Co-founded by Ryan Broderick and Zachary Kinloch, who were early executives at DoorDash, Darwin Homes incorporates proprietary property management software that allows owners and managers to take control over and scale their portfolios across different markets nationwide, eliminating the inefficiencies that limit profits and expansion.
Single-family residential (SFR) units are the largest segment of the rental market in the
