# PURE Property Management

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pure-property-management

- Industry: Real Estate Development & Operating Companies
- Headquarters: Los Gatos, US
- Website: www.purepm.co
- Total disclosed funding: $50M
- Latest round: Series A (Feb 2, 2022)
- Investors on record: 1

## About

Based in California, US, and founded in 2020, PURE Property Management, Inc. operates as a property management company. The company was founded by Joseph Polverari and Michael Catalano. In February 2022, PURE Property Management, Inc. raised USD 50 million in Series A funding, led by new investor Level Equity. The Series A funding values PURE Property Management, Inc. at USD 300 million post-money. As of 2022, the company had more than 300 employees.

PURE Property Management offers a property management platform, which is a real estate platform that acquires and invests in various single-family property management companies that are in the regions of northern California, South California, Alabama, Arizona, Nebraska, and other regions in the US. In addition, the company offers PURE Institutional Management, which is a division of PURE Property Management that provides data-driven analytics and technology-enabled property management services. As of 2022, the company had completed 28 acquisitions.

The company plans to use the funds raised in February 2022 to accelerate its acquisitions of independent property management companies nationally and increase the development of tech-enabled investor and resident experiences.

## Funding rounds

- Series A, Feb 2, 2022, $50M — Level Equity

## Investors

- Level Equity (https://capitalatlas.ai/funds/level-equity) — Series A