CUPERTINO, CA, Poplar Homes, a leading tech-enabled property management company for single family rental (SFR) investors, announced it has raised $53 million in Series B funding.
The round was led by LL Funds with participation from new and existing investors including Crescent Cove Advisors, AGNC Ventures, LLC, the corporate venture capital arm of AGNC Investment Corp. (Nasdaq: AGNC), well known computer scientist Jeff Dean, proptech VC Zain Jaffer, and other seed investors.
Poplar Homes is a technology-powered, full stack property management company that empowers both property owners and residents throughout their lifetime real estate journey. For renters entering the market, Poplar Homes rebalances the power dynamic and makes it easy to get approved, view available properties, and rent a home online. Once in the home, Poplar's easy-to-use platform makes everything from paying rent to requesting maintenance a breeze. For property owners, Poplar Homes makes maintaining a rental home as easy to manage a stock online.
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