Doorvest raises $39M in debt and equity

Doorvest, a modern, frictionless way to own high-yield rental homes entirely online, today announced it has raised $39 million, inclusive of $14M in equity for its Series A and secured a $25M credit facility. The round was led by M13 with participation from Mucker Capital, Gaingels and Socially Financed and executives such as Tom Willerer, CPO at Opendoor; Adam Nash, CEO of Daffy, formerly CEO of Wealthfront and Marcus Ridgway, Founder of Invitation Homes.