Havium, a Seattle startup that helps folks spend money on and personal single-family rental properties, raised $550,000 in a current funding spherical because it continues to evolve its choices.
Since launching in 2016, and being profiled by GeekWire in 2022, Havium has turn out to be a full-service platform that handles the entire operational burden related to single-family rental (SFR) possession.
Havium launched a full money administration service that handles all fee duties — akin to mortgage, taxes, insurance coverage, utilities, HOA dues, and so forth. — for every Havium property, to insulate purchasers from such obligations post-acquisition.
Havium was based by CEO Jamie Nacht, his spouse Cristin Nacht, and former CTO Arash Motamedi.
Jamie Nacht mentioned Havium has helped purchasers purchase about $40 million in rental properties to this point and at present manages $25 million below its full-service mannequin.
The corporate earns income by taking a payment on every shopper transaction and by managing the continuing operations of every property.
“We align straight with our purchasers — after they make investments and their property carry out effectively, so will we,” Nacht mentioned.
Havium operates in seven Pacific Northwest markets and expects to enter two or three new markets by the top of the 12 months.
The startup has raised $590,000 to this point, and the brand new spherical — funded totally by angel buyers — will gas continued product improvement, backend infrastructure enhancements, and geographic growth, in response to Nacht.
