SoftBank and Demi Lovato back June Homes, a proptech startup emerging from stealth with $50M in funding

June Homes, a#nbsp;proptech startup that aims to#nbsp;make renting less painful and more flexible for both tenants and landlords, is#nbsp;emerging from stealth today with $#nbsp;50 million in#nbsp;total funding.

SoftBank Ventures Asia led the startup’s latest round#nbsp;— a $#nbsp;27 million Series B. Other backers in#nbsp;the company include#nbsp;TQ Ventures (founded by#nbsp;Scooter Braun, Schuster Tanger, Andrew Marks), FJ#nbsp;Labs, K50, Reshape, Quiet Capital and angel investors including musician Demi Lovato, Behance founder Scott Belsky and Oskar Hartmann.

The New York-based company also previously raised (but did not announce) a $#nbsp;13 million Series A#nbsp;— also led by#nbsp;SoftBank Ventures Asia#nbsp;— and $#nbsp;10 million in#nbsp;SAFES.

Founder and CEO Daniel Mishin first became interested in#nbsp;real estate with a#nbsp;missed train and an#nbsp;unplanned stay in#nbsp;a#nbsp;cheap youth hostel in#nbsp;Berlin when he#nbsp;was 11 years old. The experience inspired him to#nbsp;start his first business at#nbsp;an#nbsp;early age, turning his grandmother’s empty apartment into a#nbsp;short-term rental space for backpackers. After starting, and exiting, a#nbsp;hospitality business, Mishin founded June Homes in#nbsp;2017. He#nbsp;was motivated after his one struggle with apartment hunting in#nbsp;New York City.

Published by Techcrunch#nbsp;— on#nbsp;September 22, 2021