38 Best Property Management Startups to Watch in [2023]

Have you ever wondered who is on the list of Property Management Companies with the highest growth rates?

You’re not alone.

There are hundreds of Property Management Companies found there, and keeping track of the hottest new startups can be challenging.

But don’t worry, we’ve got you covered. Here are the top 38 fast-growing Property Management Startups that have top-tier venture capital funding.

What are Property Management Startups?

Property Management Startups are businesses that specialize in helping property owners manage and maintain their properties. They can provide services such as tenant screening, rent collection, maintenance coordination, and more. 

These startups are becoming increasingly popular as an alternative to traditional property management companies. They can offer more personalized services and cost savings for property owners.

Top 38 Fastest-Growing Startups In Property Management

1) QuintoAndar

QuintoAndar is a platform that makes it easier for landlords and tenants to rent residential real estate.

Details of the startup:

• Country: Brazil
• City: Sao Paulo
• Started in: 2012
• Founders: Andre Penha, Gabriel Braga
• Number of employees: 1001-5000
• Funding amount: $635,270,291
• Number of funding rounds: 7
• Number of investors: 26

You can find their website here.

2) Pacaso

Pacaso is a real estate technology startup that is modernizing the age-old tradition of co-owning a second home.

Details of the startup:

• Country: United States
• City: San Francisco
• Started in: 2020
• Founders: Austin Allison, Spencer Rascoff
• Number of employees: 51-100
• Funding amount: $1,342,000,000
• Number of funding rounds: 4
• Number of investors: 15

You can find their website here.

3) Loft

Loft is a residential real estate marketplace that facilitates the house buying and selling process.

Details of the startup:

• Country: Brazil
• City: Sao Paulo
• Started in: 2018
• Founders: Damani Norman, Florian Hagenbuch, Gustavo D. Saraiva, João Vianna, Kristian Huber, Marcus Vinicius Grigoletto, Mariana Paixao, Mate Pencz
• Number of employees: 501-1000
• Funding amount: $788,000,000
• Number of funding rounds: 5
• Number of investors: 41

You can find their website here.

4) Mynd

MYND Property Management, situated in Oakland, California, is a customer-focused, tech-enabled property management company.

Details of the startup:

• Country: United States
• City: Oakland
• Started in: 2016
• Founders: Colin Wiel, Don Ganguly, Doug Brien
• Number of employees: 51-100
• Funding amount: $117,600,000
• Number of funding rounds: 6
• Number of investors: 7

You can find their website here.

5) Habyt

Habyt creates and operates living places that are aesthetically designed, community-driven, and technologically advanced.

Details of the startup:

• Country: Germany
• City: Berlin
• Started in: 2017
• Founders: Luca Bovone
• Number of employees: 11-50
• Funding amount: € 29,800,000
• Number of funding rounds: 5
• Number of investors: 6

You can find their website here.

6) HomeLight

HomeLight is constructing the real estate of the future today.

Details of the startup:

• Country: United States
• City: San Francisco
• Started in: 2012
• Founders: BC Broussard, Drew Uher, Jason Zhang
• Number of employees: 251-500
• Funding amount: $264,500,000
• Number of funding rounds: 10
• Number of investors: 25

You can find their website here.

7) Common Living

Common Living is a community-driven residential enterprise that provides housing with a sense of belonging, convenience, and flexibility.

Details of the startup:

• Country: United States
• City: New York
• Started in: 2015
• Founders: Brad Hargreaves
• Number of employees: 51-100
• Funding amount: $113,350,000
• Number of funding rounds: 4
• Number of investors: 20

You can find their website here.

8) Point

Existing homeowners and new purchasers can benefit from Point’s shared home equity financing, shared equity, and HELOC alternatives.

Details of the startup:

• Country: United States
• City: Palo Alto
• Started in: 2014
• Founders: Eddie Lim, Eoin Matthews
• Number of employees: 11-50
• Funding amount: $30,400,000
• Number of funding rounds: 4
• Number of investors: 16

You can find their website here.

9) NoBroker

NoBroker is a peer-to-peer property listing platform that aims to streamline real estate transactions.

Details of the startup:

• Country: India
• City: Bengaluru
• Started in: 2014
• Founders: Akhil Gupta, Amit Agarwal
• Number of employees: 51-100
• Funding amount: $214,452,563
• Number of funding rounds: 10
• Number of investors: 13

You can find their website here.

10) TenantCloud

Easy Rental Accounting and Management

Details of the startup:

• Country: United States
• City: Austin
• Started in: 2014
• Founders: Joe Edgar, Vitaliy DeFranko
• Number of employees: 11-50
• Funding amount: $6,304,011
• Number of funding rounds: 6
• Number of investors: 1

You can find their website here.

11) Building Engines, Inc.

For commercial real estate owners and managers, the company offers an online and mobile building operations software platform.

Details of the startup:

• Country: United States
• City: Boston
• Started in: 2001
• Founders: Alex Rangel, David Osborn
• Number of employees: 101-250
• Funding amount: $38,700,000
• Number of funding rounds: 2
• Number of investors: 4

You can find their website here.

12) Vacasa

Vacasa is a vacation rental management company that specializes in assisting homeowners with the purchase, management, and sale of their holiday homes.

Details of the startup:

• Country: United States
• City: Portland
• Started in: 2009
• Founders: Cliff Johnson, Eric Breon
• Number of employees: 1001-5000
• Funding amount: $634,500,000
• Number of funding rounds: 6
• Number of investors: 5

You can find their website here.

13) Openpath

For businesses and landlords, Openpath Security offers a mobile and cloud-based access management system.

Details of the startup:

• Country: United States
• City: Culver City
• Started in: 2016
• Founders: Alex Kazerani, James Segil, Phil Goldsmith, Rob Peters, Samy Kamkar
• Number of employees: 51-100
• Funding amount: $63,000,000
• Number of funding rounds: 4
• Number of investors: 12

You can find their website here.

14) GREYSTAR

Greystar, a multifamily real estate company created in 1993, provides world-class service.

Details of the startup:

• Country: United States
• City: Charleston
• Started in: 1993
• Founders: Bob Faith, Craig Carpenter
• Number of employees: 10001+
• Funding amount: $201,000,000
• Number of funding rounds: 1

You can find their website here.

15) Sugar

Sugar, formerly known as Jetpack, improves the living experience in apartment buildings.

Details of the startup:

• Country: United States
• City: Los Angeles
• Started in: 2019
• Founders: Fatima Dicko
• Number of employees: 1-10
• Funding amount: $950,000
• Number of funding rounds: 1
• Number of investors: 8

You can find their website here.

16) G5

In the property management industry, G5 delivers digital experience management (DXM) software and services.

Details of the startup:

• Country: United States
• City: Bend
• Started in: 2005
• Founders: Dan Hobin, Greg Meier
• Number of employees: 251-500
• Funding amount: $91,000,000
• Number of funding rounds: 2
• Number of investors: 3

You can find their website here.

17) LeaseLock

LeaseLock is a security deposit-free insurance technology firm that uses artificial intelligence.

Details of the startup:

• Country: United States
• City: Marina Del Rey
• Started in: 2013
• Founders: Derek Merrill, Reichen Kuhl
• Number of employees: 101-250
• Funding amount: $63,500,000
• Number of funding rounds: 6
• Number of investors: 20

You can find their website here.

18) Aryeo

Aryeo is a real estate content platform with the goal of streamlining the industry’s material.

Details of the startup:

• Country: United States
• City: Boston
• Started in: 2019
• Founders: Branick Weix, Brendan Quinlan, Matt Michalski Jr.
• Number of employees: 11-50
• Funding amount: $3,650,000
• Number of funding rounds: 1
• Number of investors: 5

You can find their website here.

19) ResMan

ResMan is a platform for residential management software.

Details of the startup:

• Country: United States
• City: Plano
• Started in: 2000
• Founders: Elizabeth Francisco
• Number of employees: 251-500
• Funding amount: $36,000,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

20) iProperty.com

iProperty.com is a Malaysian real estate portal that specializes in the selling and rental of residential and commercial properties.

Details of the startup:

• Country: Malaysia
• City: Kuala Lumpur
• Started in: 2007
• Founders: Joshua Wong, Murli RK, Patrick Grove
• Number of employees: 251-500
• Funding amount: $100,000,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

21) Casavo

Casavo is a tech-enabled market maker that simplifies and de-stresses the real estate market.

Details of the startup:

• Country: Italy
• City: Milan
• Started in: 2017
• Founders: Giorgio Tinacci, Simon Specka
• Number of employees: 101-250
• Funding amount: € 258,900,000
• Number of funding rounds: 6
• Number of investors: 12

You can find their website here.

22) idealista.com

Idealista is an online real estate marketplace where you can rent, buy, and sell homes and apartments.

Details of the startup:

• Country: Spain
• City: Madrid
• Started in: 2000
• Founders: Bernardo Hernandez, Fernando Encinar, Jesús Encinar
• Number of employees: 501-1000
• Funding amount: € 251,000,000
• Number of funding rounds: 4
• Number of investors: 3

You can find their website here.

23) ZigBang

An apartment-hunting app called ZigBang.

Details of the startup:

• Country: South Korea
• City: Seoul
• Started in: 2010
• Founders: sung woo ahn
• Number of employees: 51-100
• Funding amount: $199,631,022
• Number of funding rounds: 7
• Number of investors: 9

You can find their website here.

24) Lane

Lane is a platform for workplace management.

Details of the startup:

• Country: Canada
• City: Toronto
• Started in: 2014
• Founders: Clinton Robinson, Kofi Gyekye
• Number of employees: 11-50
• Funding amount: $31,870,000
• Number of funding rounds: 5
• Number of investors: 5

You can find their website here.

25) Hostaway

Fast-growing vacation rental property managers can benefit from Hostaway’s scalable solutions and award-winning service!

Details of the startup:

• Country: Canada
• City: Toronto
• Started in: 2015
• Founders: Marcus Rader, Mikko Nurminen, Saber Kordestanchi
• Number of employees: 51-100
• Funding amount: $3,222,812
• Number of funding rounds: 5
• Number of investors: 6

You can find their website here.

26) Lianjia

Online-to-offline real estate agency service is provided by Chain Home.

Details of the startup:

• Country: China
• City: Beijing
• Started in: 2001
• Founders: Hui Zuo
• Number of employees: 10001+
• Funding amount: CN¥9,450,000,000
• Number of funding rounds: 3
• Number of investors: 9

You can find their website here.

27) Bricks + Agent

Bricks + Agent connects homeowners and property managers in their region with reputable property specialists and tradespeople.

Details of the startup:

• Country: Australia
• City: Prahran
• Started in: 2016
• Founders: Jon Stul, Rafael Niesten
• Number of employees: 11-50
• Funding amount: $2,000,000
• Number of funding rounds: 1

You can find their website here.

28) Flat.mx

Flat.mx is a real estate tech business that is making the house-buying process easier by removing the traditional stumbling blocks that come with selling a home.

Details of the startup:

• Country: Mexico
• City: Mexico City
• Started in: 2019
• Founders: Bernardo Cordero, Victor Noguera
• Number of employees: 11-50
• Funding amount: $29,625,000
• Number of funding rounds: 5
• Number of investors: 10

You can find their website here.

29) Equiem

Equiem delivers technology and services that greatly improve how property managers interact with their properties and the people who live there.

Details of the startup:

• Country: Australia
• City: Melbourne
• Started in: 2011
• Founders: Gabrielle McMillan, Lorenz Grollo, Stuart Richardson
• Number of employees: 251-500
• Funding amount: $8,400,000
• Number of funding rounds: 1
• Number of investors: 5

You can find their website here.

30) Zameen.com

Zameen is Pakistan-specific software that assists people in navigating the real estate market.

Details of the startup:

• Country: Pakistan
• City: Lahore
• Started in: 2006
• Founders: Imran Ali Khan, Zeeshan Ali Khan
• Number of employees: 1001-5000
• Funding amount: $31,100,000
• Number of funding rounds: 5
• Number of investors: 4

You can find their website here.

31) Travelio

Travelio is a website that lets you rent flats, villas, and mansions online.

Details of the startup:

• Country: Indonesia
• City: Jakarta
• Started in: 2014
• Founders: Christie Amanda, Christina Suriadjaja, Hendry Rusli
• Number of employees: 251-500
• Funding amount: $24,000,000
• Number of funding rounds: 4
• Number of investors: 12

You can find their website here.

32) RateHub.ca

RateHub.ca is a financial website that lets users compare mortgage, insurance, and credit card rates in Canada.

Details of the startup:

• Country: Canada
• City: Toronto
• Started in: 2010
• Founders: Alyssa Furtado, Alyssa Richard, James Laird
• Number of employees: 1-10
• Funding amount: $12,495,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

33) Spaceti

Spaceti offers a complete solution to improve people’s enjoyment, productivity, and well-being in buildings.

Details of the startup:

• Country: The Netherlands
• City: Amsterdam
• Started in: 2016
• Founders: Aakash Ravi, Mario Kamburov, Max Verteletskyi, Ondrej Plevka, Patrik Sobek, Tomas Bartak
• Number of employees: 11-50
• Funding amount: $5,000,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

34) Housfy

Housfy is a digital marketplace that allows private persons to sell flats and houses to one another.

Details of the startup:

• Country: Spain
• City: Barcelona
• Started in: 2016
• Founders: Albert Bosch, Carlos Blanco, Miquel Mora
• Number of employees: 51-100
• Funding amount: € 12,700,000
• Number of funding rounds: 5
• Number of investors: 13

You can find their website here.

35) Cove

Cove is Southeast Asia’s leading co-living firm, making renting nice apartments at fair pricing easier, faster, and more flexible.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2018
• Founders: Guillaume Castagne, Luca Bregoli, Sophie Jokelson
• Number of employees: 11-50
• Funding amount: $6,700,000
• Number of funding rounds: 2
• Number of investors: 9

You can find their website here.

36) Dovevivo

DoveVivo is the country’s first and largest co-living enterprise.

Details of the startup:

• Country: Italy
• City: Milan
• Started in: 2007
• Founders: Valerio Fonseca
• Number of employees: 51-100
• Funding amount: € 80,000,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

37) Vista Rooms

Vista Rooms is the largest premium vacation rental management firm in South Asia. We’ve set out on a mission to create a “Marriott for Homes.”

Details of the startup:

• Country: India
• City: Mumbai
• Started in: 2015
• Founders: Amit Damani, Ankita Sheth, Pranav Maheshwari
• Number of employees: 101-250
• Funding amount: $2,106,765
• Number of funding rounds: 2
• Number of investors: 5

You can find their website here.

38) Lucas

Through a Rent to Buy strategy, Lucas is offering millennials to a fresh and accessible way into homeownership.

Details of the startup:

• Country: Spain
• City: Madrid
• Started in: 2019
• Founders: Jorge Arturo Cáceres, Steven Aitkenhead
• Number of employees: 1-10
• Funding amount: € 450,000
• Number of funding rounds: 1

You can find their website here.

FAQs

Is Property Management Business Profitable?

Yes, property management businesses can be very profitable. Property management companies typically charge a percentage of the monthly rental income, a flat fee for services, or a combination of both. 

They can also charge additional fees for services such as tenant placement, maintenance, and legal services. As long as the fees charged are in line with market rates, a property management business can generate a healthy profit.

What Is The Average Investment In Property Management?

The average investment for a property management business depends on several factors, such as the size of the business, the scope of services offered, the number of properties managed, and the location of the business. 

Generally speaking, start-up costs can range from $2,000 to $20,000. However, additional costs may be necessary depending on the individual business and its needs.