Doorvest, a real estate investment platform focused on making passive income rental property ownership more accessible, has announced its acquisition of Rubik. Rubik specializes in utilizing advanced data science and machine learning to source off-market single-family rental (SFR) properties, serving institutional investors across the U.S.
This acquisition aligns with Doorvest’s mission to streamline real estate investing, bringing Rubik’s data-driven sourcing tools and analytics to individual investors. Since launching its institutional SFR marketplace in 2021, Rubik has facilitated hundreds of off-market transactions, leveraging technology to meet buyer-specific needs.
By integrating Rubik’s capabilities, Doorvest aims to enhance its offerings, providing exclusive access to high-quality investment properties while addressing increasing demand from individual investors.
Andrew Luong, CEO and co-founder of Doorvest, stated, “This acquisition strengthens our ability to source high-quality properties for our customers and advances our goal of building a fully integrated real estate investment platform. Rubik’s vision aligns with ours in democratizing real estate investing for everyday individuals, especially in today’s competitive housing market.”
The acquisition supports several key initiatives for Doorvest:
Rubik’s CEO and co-founder, Amar Sehic, commented, “Joining Doorvest enables us to bring institutional-grade tools to individual investors. We’ve observed how challenging it can be for everyday investors to compete in the current real estate environment. This collaboration will help level the playing field, giving Doorvest customers exclusive access to better opportunities and an expanded inventory of high-potential properties.”
Doorvest customers will benefit immediately from the acquisition, gaining access to enhanced inventory and off-market deals powered by Rubik’s technology.
If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.
Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.
By Proptechbuzz
By Ravi Kumar
