Pagaya’s Acquisition of Darwin Homes Powers Premier Tech-Enabled Single-Family Rental Platform
Summary
Pagaya is reshaping the SFR landscape, by leveraging its core AI technology and data network with Darwin’s proprietary software, integrated operations and mobile app. Austin-based Darwin, which is now a wholly-owned subsidiary of Pagaya, was started by two founding members of DoorDash, Ryan Broderick and Zach Kinloch, who will continue to lead the integrated platform. “ Acquiring Darwin positions us as one of the most tech-forward real estate platforms in the industry, further proving the crossover applicability of our AI,” said Gal Krubiner, co-Founder and CEO of Pagaya. By using machine learning, a vast data network and a sophisticated AI-driven approach, Pagaya provides comprehensive consumer credit and residential real estate solutions for its partners, their customers, and investors. By combining proprietary software and integrated operations, Darwin developed an ecosystem of technology products and services that maximize risk-adjusted returns and allow us to provide a high-quality living experience to Americans seeking their next home.