Belong raises $80 million
Belong, a California-based startup looking to “create authentic belonging experiences” and “empower residents to become homeowners and homeowners to become financially free,” has raised $80 million in equity and debt. The Series C round of $50 million was led by Fifth Wall with participation from Battery Ventures, Andreessen Horowitz, and GGV Capital.
Founded in 2019, Belong serves homeowners and renters. Homeowners that wish to have Belong manage their rental property enjoy a range of services including maintenance, repairs, tenant screening, rent collection, and more.
The startup operates in select areas and according to its site, it serves 1,556 homeowners.
Last year, Obie, which offers insurance for landlords, announced a partnership with Belong.