Doorvest Acquires Wreno to Power Real Estate Operations and Pursue Property Management Acquisitions

SAN FRANCISCO--(BUSINESS WIRE)--Doorvest, the real estate investing superapp that enables retail investors to buy, manage and sell investment properties, today announced its acquisition of Wreno, an AI-powered vendor management and project automation platform purpose-built for institutional-grade property operations. This strategic acquisition marks a significant milestone in Doorvest’s evolution into a vertically integrated, tech-first real estate investing platform.

By combining Doorvest’s marketplace and lending platform with Wreno’s enterprise-grade technology and deep operational know-how, the merged company unlocks a new era of value for homeowners, residents, and future real estate investors — driving cost efficiency, property performance, and investment returns at scale.

“Wreno was born to solve the pain points of managing vendors, scopes, and project timelines across large property portfolios,” said Charlotte Schell, CEO and co-founder of Wreno. “By joining forces with Doorvest, we’re now able to put that technology into the hands of thousands of investors and property owners — unlocking NOI (net operating income), driving liquidity, and enhancing the resident experience across the board.”

With this merger, Doorvest will leverage Wreno’s technology to streamline operations and centralize data across its portfolio in order to accelerate its strategy of acquiring local property management companies (PMCs). As more PMCs join the platform, Doorvest scales its customer base and footprint of homes under management in order to deliver on best in class property management – delivering on a consistent and reliable resident experience while also helping investors achieve their financial goals.

“With this acquisition, we can finally deliver on our flywheel,” said Andrew Luong, CEO and co-founder of Doorvest. “Every new door under management brings new inventory for buyers, more liquidity for sellers, and better operational efficiency with scale. Over 30% of our existing customers have already repeat purchased and over 60% have leveraged our lending products — this puts us on a trajectory to build the most powerful real estate platform in the country. AI is radically transforming our world and I’m beyond excited about its potential to deliver better investor returns, increased resident satisfaction while also freeing up teams to spend time on distinctly human support.”

For Homeowners of PMCs acquired by Doorvest, this merger means continued local care, now powered by national technology and resources, ensuring stronger oversight, faster vendor coordination, and higher ROI.

For Doorvest investors, it creates a deeper inventory pipeline, more liquidity, and better servicing of assets, across both acquisition and ownership phases.

For residents, the integration ensures faster repairs, better communication, and a more consistent rental experience.

In the coming months, the combined team will roll out upgraded tools for project oversight, vendor engagement, and home acquisition, scaling across core markets before expanding nationally.

About Doorvest

Doorvest is a leading real estate investment platform that simplifies the process of buying, owning, and managing single-family rental properties. With a vertically integrated platform and national footprint, Doorvest empowers investors to build long-term wealth with confidence.

About Wreno

Wreno is an AI-driven vendor management and compliance platform used by some of North America’s largest property management companies. The platform automates vendor sourcing, bidding, onboarding, and project oversight to deliver cost savings, transparency, and performance across entire portfolios.