SAN FRANCISCO--(BUSINESS WIRE)--Doorvest, a full-service real estate investing platform that helps busy working professionals own passive income rental homes, today announced the acquisition of Getaway, a PropTech company that helps real estate investors find and finance investment properties. Through this acquisition, Doorvest will now be able to offer customers a truly end-to-end experience with the launch of Getaway’s financing products. The combined forces of Doorvest and Getaway create a vertically-integrated, all-in-one platform for sourcing, financing, transacting, and managing investment properties.
"The two companies have gotten to know each other as partners and friends which gave me a front row seat at watching Ali and the Getaway team build phenomenal financing products. These products have armed real estate investors with the tools to expand their portfolios and we're eager to offer this to current and future Doorvest customers," said Andrew Luong, CEO and co-founder of Doorvest. "By uniting Doorvest's end-to-end platform with Getaway's innovative financing tools, we're accelerating our mission to advance financial security for all while ushering in PropTech 3.0. With the addition of financing capabilities, we'll further streamline every step of the investment journey and provide our customers with a seamless and fully integrated experience that empowers them to achieve their financial goals."
The merger accelerates the development of Doorvest's upcoming lending product, slated to launch later this year. With the integration of Getaway's investment sourcing technology and extensive network of over 34,000 investor customers, Doorvest is poised to become the go-to platform for Americans aspiring to build wealth through real estate.
"At Getaway, we've always been driven by the mission to make real estate investing more accessible," said Ali Nichols, CEO and co-founder of Getaway. "Combining forces with Doorvest allows us to expand our impact, offering a broader range of solutions to help more people diversify into real estate. Together, we are simplifying the investing process and enhancing consumer choice, setting a new standard in the industry."
In the coming months, the combined Doorvest and Getaway teams will collaborate with strategic partners to bring their enhanced product suite to key markets, with plans for national expansion.
About Doorvest
Doorvest is a leading real estate investment platform that simplifies the process of buying, owning, and managing investment properties. By offering end-to-end solutions, Doorvest empowers individuals to build wealth through real estate with ease and confidence.
About Getaway
Getaway is a cutting-edge investment sourcing and financing solution designed to help real estate investors scale their portfolios quickly and efficiently. With a focus on accessibility and innovation, Getaway has built a network of over 34,000 active investors, helping them achieve their financial goals through strategic real estate investments.
