SAN FRANCISCO--(BUSINESS WIRE)--Doorstead, an operations-technology company for property management, today announced that it was named one of Built In San Francisco’s 50 Startups to watch. The list was compiled by editors who reviewed public records, evaluated new features, tracked fundings and considered additional information to develop a list of 50 companies under two years old that are projected to make waves in 2020.
The list debuts as Bay Area companies secured $45.9 billion in funding in 2019, which accounted for 44% of all tech investments in the U.S. over the last year. San Francisco also is regarded as home to the world’s deepest talent pool, therefore it is anticipated that the companies identified by Built In San Francisco will make a significant impact.
“We appreciate the recognition from Built In San Francisco, which understands our vision for a new, risk-free model for property management as well as the value we bring to the Bay Area,” said Jennifer Bronzo, co-founder and COO. “Our data-driven, operations-technology company is upending an industry bogged down by inefficient processes and misaligned incentives. Doorstead completely transforms the experience of property management for owners.”
Doorstead’s platform allows landlords to get a rental offer within hours, using a proprietary algorithm that evaluates local property data to ascertain a monthly rental rate. It makes an upfront guarantee regardless of occupancy (e.g.: $5,500/mo starting in 28 days) in addition to creating property listings, identifying and vetting tenants, managing cleaning and maintenance as well as executing eviction notices when necessary.
The company disrupts the property management industry by leveraging modern data science to efficiently model risk alongside operations technology that enables consistent high-quality service at scale. Doorstead eliminates vacancies and makes the market more efficient. It also gives property owners true peace of mind.
To date, Doorstead has met 100% of its guarantees and enabled owners to earn up to 9% more in annual rental income.
Doorstead’s mission is to give property owners and tenants true peace of mind. Doorstead provides risk-free property management with guaranteed rental income, regardless of occupancy (e.g. $5,500/mo starting in 28 days).
The founders, Ryan Waliany, a technology-operations expert from Uber, and Jennifer Bronzo, a tech entrepreneur who grew up managing properties for her family’s construction company, started Doorstead to create the future of housing. The founding team - all alumni of UC Berkeley - has built technology-operations products at Uber, engineered scalable systems at Doordash and Dropbox, and built forecasting models at Goldman Sachs.
Find out more at doorstead.com.