HomeShare

HomeShare

Co-living marketplace connecting roommates for affordability

Overview

HomeShare is a co-living marketplace that helps people find affordable housing in expensive urban areas by connecting compatible housemates to share living spaces. It enables room splitting and converting spaces to maximize affordability, and its matching process considers personality and lifestyle preferences to support harmonious shared living. Its target audience includes students and city residents seeking lower-cost options in cities like San Francisco. The platform addresses rising urban housing demand by making efficient use of existing housing stock and fostering a community-oriented shared living model. Overall, HomeShare aims to lower the financial burden of city living while creating sustainable, roommate-based housing 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

Real Estate

Company Size

1-10

Company Stage

Seed

Total Funding

$5.7M

Headquarters

San Francisco, California

Founded

2016

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Simplify's Take

What believers are saying

  • The model directly targeted San Francisco affordability, a persistent pain point.
  • Its algorithmic roommate matching reduced friction for students and young professionals.
  • Landlord partnerships created supply access that pure peer-to-peer roommate apps lack.

What critics are saying

  • HomeShare shut down in April 2019 after financing failed and layoffs hit.
  • Tenant backlash followed abrupt payment changes, deposit disputes, and partition refund demands.
  • The company’s existential risk already happened: operations ceased, eliminating any recovery path.

What makes HomeShare unique

  • Founded in 2016, HomeShare matched roommates using personality and lifestyle data.
  • It converted apartments into micro-units, selling affordability through higher bed density.
  • It partnered with landlords like Equity Residential, Sares-Regis, and Fairfield Residential.

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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

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