Brief: Real Estate Management Platform HomeUnion Raises $16M in Series B Funding

HomeUnionHomeUnion, an online real estate investment management platform, announced on Tuesday that it has secured $16 million in Series B funding. The round included various new investors which included Colchis Capital, Northgate Capital, and Tamarisc with participation by Artiman.

Akhil Saklecha, a partner with Artiman, stated:

“HomeUnion has disrupted real estate investing by creating an end-to-end investing experience that’s unencumbered by geographical barriers. Its hands-off approach allows investors to buy properties remotely like stocks or bonds, making real estate investing a viable alternative to build wealth.”

Don Ganguly, CEO of HomeUnion, commented:

Real Estate Investing“This latest infusion of capital will help us provide seamless, personalized service throughout the entire life cycle of an online real estate transaction. The funding enables us to continue offering the most transparent data, research and analytics on the SFR investment market, and to develop more online tools to analyze the performance of rental homes on a granular level – by neighborhood,” he notes.

HomeUnion has reportedly received a total of $23 million in funding from venture capital firms and closed more than $50 million in real estate transactions.

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