Mynd Property Management, a US-based real estate manager backed by financial services firm Wells Fargo, has received $57.3m from venture capital firm QED Investors through a strategic partnership.
Founded in 2016, Mynd has built an online property management and real estate investment platform that enables users to remotely view, rent and buy properties across the United States. Wells Fargo had led its $41.5m series C round in July 2020, boosting its overall funding to over $134m.
Canaan Partners, Jackson Square Ventures and Lightspeed Venture Partners also participated in the series C round, having combined to provide $20m in series B funding two years before.
Mynd had closed a $5.5m series A round in 2016 led by Canaan Partners, which then supplied $5.1m in series A1 funding in March 2017 together with Jackson Square Ventures, Lightspeed Venture Partners and unnamed individuals.
Canaan Partners, Jackson Square Ventures and Lightspeed Venture Partners then participated in a $5m round for the company seven months later.
