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House Rental Management SaaS Provider 'Water Drop Butler' Wins Funding

iYiou, 8/22/17

Shanghai-based Aidangjia Data Technology, operator of house rental management Software as a Service (SaaS) platform Shuidi Guanjia (literally "Water Drop Butler"), recently announced the completion of RMB 8-digit strategic funding from real estate agency and leasing services provider Ping'an Haofang E-Commerce. Funds will be used to promote expansion of the house rental SaaS.

Shuidi Guanjia, established in April 2016, mainly caters to medium- and small-sized operators in the long-term rental industry by providing management tools for landlords under a SaaS model. Functions currently include rental management, accounting, real estate listing announcements, and smart electrical meter services.

Shuidi Guanjia uses API interfaces to publish real estate listings to platforms including 58.com (NYSE: WUBA) and Pinganfang.com, operated by Ping'an Haofang. In the future, Shuidi Guanjia plans to allow users to post listings to multiple platforms simultaneously using a simple, one-click interface. The platform also integrates financing resources from Shenzhen-based insurance and financial services firm Ping An Insurance (2318.HK; 601318.SH), which can provide financial solutions for home purchasing, maintenance, letting, and rental scenarios.

Shuidi Guanjia previously completed RMB 6 mln in angel funding in May 2016.

Keywords: Aidangjia Shuidi Guanjia long-term housing rental software Software as a Service funding M&A Ping'an Haofang E-Commerce

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