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Venture Capital News: Stellar Grabs $20M Series B Round

2022-12-01
DALLAS, TX, Stellar, a technology-driven marketplace which solves maintenance at scale for the Single-Family Rental (SFR) market, announced today $20 million in Series B growth equity financing.
The funding round was led by new investor Weatherford Capital and was also supported by existing investors Brick & Mortar Ventures, S3 Ventures, Alerion Ventures, and Navigate Ventures. This round brings the company's total venture capital to $35M and will be used to enhance the company's technology and platform, invest in new talent, and expand into additional U.S. markets.

Founded in 2016, Stellar is a technology-driven marketplace that enables property managers and contractors to successfully resolve home maintenance issues, giving residents peace of mind. The company serves 10 of the 11 largest SFR operators across 150,000+ properties, has created work for 8,000+ contractors, and has resolved 200,000+ issues for residents and property managers alike. Stellar uses technology to make the maintenance experience seamless, simple, and scalable.
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