4
Team Members
800+ hrs
Project Duration
Industry
Real Estate, Proptech
Mynd help investors to find, Finance, Insure, Lease, manage, and Sell Single-family Rental Properties, and for residents to find great homes to rent.
Background
Mynd is a leading tech-enabled property management and real estate investment company operating in over 25 US markets. They required a comprehensive digital solution to streamline their Real Estate Management processes and enhance investor experiences.
Challenges
Inefficient property management workflows:
Mynd needed to improve the efficiency of their property management operations to handle their growing portfolio.
Lack of scalable infrastructure:
The existing infrastructure couldnt scale effectively with the companys growth.
Insufficient data insights for decision-making:
Mynd lacked the analytical tools to leverage data for strategic decisions.
Tech Stacks
Solutions
Custom Software Development:
Novatore Solutions developed a tailored platform for Mynd, integrating property management functionalities, investor dashboards, maintenance tracking, and automated rent collection. This platform provided a seamless user experience and improved operational efficiency.
Cloud Services:
To ensure scalability and reliability, Novatore Solutions migrated Mynd’s operations to a robust cloud infrastructure. This transition allowed Mynd to handle increased user loads and provided secure, remote access to the platform.
Data Analytics Services:
Novatore Solutions implemented advanced data analytics capabilities, enabling Mynd to gain valuable insights into property performance, tenant behaviors, and market trends. This data-driven approach facilitated better decision-making and strategic planning.
Outcomes
Funding Secured:
Mynd was able to raise a total of $204.9M in funding over 8 rounds through this platform developed by our talented team.
Improved Efficiency:
Enhanced property management workflows and automation resulted in significant time savings.
Scalability:
The cloud-based platform supported rapid growth and geographic expansion.
Data-Driven Decisions:
Comprehensive analytics empowered Mynd with actionable insights, improving overall business performance.