← Embedded Finance Index 2026

Bungalow

“Can a tech-enabled property management platform for SFR/co-living become the operating system for institutional single-family rental investment?”

Founded2017
HQMiami, FL 33127 (formerly San Francisco, CA)
Latest roundSeries C
IndustryVertical SaaS / Real Estate
The story

Founded in 2017 as a co-living platform matching renters to furnished rooms in shared homes, Bungalow built a property management layer on top of its marketplace. As the co-living boom cooled, the company pivoted to full-service property management for individual homeowners and expanded its institutional offering through Radar Powered by Bungalow™, targeting SFR/BTR investment firms needing sourcing, underwriting, renovation, and management. The embedded finance angle is primarily on the rent payment and capital side: Bungalow handles monthly rent collection on behalf of homeowners and accessed growth capital via Pipe.

Last 12 months
2022-01
Product timeline
2017
Bungalow launched as a co-living / room rental platform matching roommates and managing single-family home rentals across US cities.· pivot
2021
Raised latest funding round (Series C per Crunchbase) in August 2021; 6 total funding rounds disclosed.· banking
2022
Acquired 510PM properties and transitioned them to Bungalow Living Property Management, expanding property management footprint.· acquisition
2023
Launched Radar Powered by Bungalow™, an all-in-one SFR investment platform covering sourcing, acquisition, renovation, and management for institutional investors.· pivot
2024
Expanded to serve institutional SFR/BTR investors across 15+ major US markets; HQ relocated from San Francisco to Miami.· pivot
Regulated entities
9
regulatory licences held by Bungalow
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
1 layer disclosed in Bungalow’s embedded-finance stack
Lending
PipeRevenue-based financing / receivables capital
Accounting gap: significant