Doorvest Acquires Getaway to Create End-to-End Real Estate Investing Platform

Strategic Insights -

Doorvest, a full-service real estate investing platform, has acquired Getaway, a PropTech company that helps real estate investors find and finance investment properties. The acquisition enables Doorvest to offer customers a true end-to-end experience, with the launch of Getaway's financing products, creating a vertically-integrated platform for sourcing, financing, transacting, and managing investment properties.

Through this strategic partnership, Doorvest aims to accelerate its mission to advance financial security for all, ushering in PropTech 3.0. The combined forces of Doorvest and Getaway will further streamline the investment journey, providing customers with a seamless and fully integrated experience that empowers them to achieve their financial goals.

Key Takeaways:

  • Doorvest has acquired Getaway, a PropTech company that helps real estate investors find and finance investment properties.
  • The acquisition enables Doorvest to offer customers a true end-to-end experience, with the launch of Getaway's financing products.
  • The combined forces of Doorvest and Getaway create a vertically-integrated platform for sourcing, financing, transacting, and managing investment properties.
  • Doorvest plans to launch its lending product later this year, leveraging Getaway's investment sourcing technology and extensive network of over 34,000 investor customers.
  • The partnership aims to expand Doorvest's impact, offering a broader range of solutions to help more people diversify into real estate.
  • 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.

Statistics:

  • Over 34,000 investor customers utilize Getaway's investment sourcing technology.
  • Doorvest plans to launch its lending product later this year.
  • The combined forces of Doorvest and Getaway will expand their impact, offering a broader range of solutions to help more people diversify into real estate.

Sources:

  • Doorvest press release
  • Doorvest and Getaway statement