Pagaya announces acquisition of Darwin Homes

Pagaya Technologies has today announced its first acquisition, the purchase of Darwin Homes, a proptech platform. The combination creates a data-rich, technologically sophisticated offering for all participants in the SFR space, including residents, investors and service providers. "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. "We evaluated many players in the SFR space and felt that Darwin’s tech and stellar team were the best and most differentiated by a substantial margin. By elevating the living experience for residents and seamlessly integrating the full spectrum of services through best-in-class technology, overall performance is optimized and everyone benefits."