HomeShare

HomeShare

Co-living marketplace connecting affordable roommates

Overview

HomeShare operates a co-living marketplace that helps people find affordable housing in expensive cities by connecting individuals to compatible housemates for shared living. The platform matches roommates based on personality and lifestyle preferences and can facilitate room conversions or splits to increase affordability. Users, including students, can discover and arrange housing in metropolitan areas such as San Francisco, leveraging existing housing stock to lower costs. Compared with traditional rental options, HomeShare emphasizes community-oriented living and efficient use of space, making it easier to share costs in high-cost urban environments. The company aims to expand access to affordable urban housing by enabling scalable, shared living solutions.

Significant Headcount Growth

About HomeShare

Simplify's Rating
Why HomeShare is rated
D
Rated D+ on Competitive Edge
Rated D+ on Growth Potential
Rated D- on Differentiation

Industries

Consumer Software

Social Impact

Real Estate

Company Size

11-50

Company Stage

Seed

Total Funding

$5.7M

Headquarters

San Francisco, California

Founded

2016

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Simplify's Take

What believers are saying

  • Greystar’s Koreatown rollout showed landlords bought the affordability pitch.
  • Its 2018 $5.7 million seed round validated investor appetite for co-living.
  • The model addressed expensive urban rents without building new housing stock.

What critics are saying

  • HomeShare shuttered operations in April 2019 after financing fell through.
  • A majority of staff were laid off before the shutdown.
  • Residents faced refund disputes over Screenflex dividers, destroying trust and ending the business.

What makes HomeShare unique

  • HomeShare paired roommates and converted living rooms into rentable bedrooms.
  • It won Greystar, Equity Residential, and Fairfield partnerships across five metros.
  • By 2019, it claimed 2,000+ residents across 50 apartment buildings.

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Funding

Total Funding

$5.7M

Above

Industry Average

Funded Over

1 Rounds

Notable Investors:
Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$5.7M
HomeShare

Benefits

Health Insurance

Vision Insurance

Dental Insurance

Growth & Insights

Headcount

6 month growth

0%

1 year growth

9%

2 year growth

0%

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