Almost ten years ago, we set out to change the future of real estate, with a clear vision: we fundamentally believed that that path to a better transaction would be through the best real estate agents in the country — people like you. Ever since, HomeLight had a singular goal: to root out every moment —-
Almost ten years ago, we set out to change the future of real estate, with a clear vision: we fundamentally believed that that path to a better transaction would be through the best real estate agents in the country — people like you.
Ever since, HomeLight had a singular goal: to root out every moment of friction, pain, and uncertainty in the transaction process, and to transform it. To replace complexity with simplicity, and frustration with satisfaction. To deliver better outcomes to buyers and sellers everywhere by partnering with top agents nationwide.
Today, I’m excited to share that we’ve made a major step in our journey together: we’ve raised $363 million of new funding, including $100 million of Series D equity and over $263 million in debt financing to power HomeLight Cash Offer and HomeLight Trade-In operations. HomeLight is now valued at $1.6 billion.
With this funding, we’re doubling down on our commitment to you: building the tools and technology to power your businesses and deliver the best possible experience to your clients.
But what’s even more exciting: together, we’ve now served more than 1 million homebuyers and sellers across the country.
These are more than just impressive numbers on a screen — they’re individuals and families across the entire United States who have turned to and trusted HomeLight and their agents to help them during one of life’s most important moments: buying or selling their home.
The pandemic has highlighted just how important home is to all of us
I said it when we last raised money in 2019, and I’ll say it again: what we’re building at HomeLight is personal to me, to our team members, and to those who have experienced the frustration and deep disappointment when trying to buy or sell a home without success.
But much has changed in the world since our last fundraising round.
Now, what we’re building at HomeLight is personal to the millions of families who had to scramble to buy or sell a home in the throes of the pandemic.
It’s personal to the millions of people who have missed out on their dream home because they lost in competitive bidding wars or because of delays caused by contingencies.
It’s personal to the dedicated real estate agents across the country who remain committed to delivering the best possible experience to their clients — no matter what hurdles they may face, including a global pandemic.
We’re proud to have helped countless top agents continue to serve their clients during the challenges of the last year and half. And we’re incredibly proud to have made the dream of homeownership come true for thousands of homebuyers and sellers, when home has never meant more to us all.
And yet, in many ways, we know that this is still the beginning.
At HomeLight, we know the future of real estate is technology- and agent-driven.
We deeply believe that agents are at the heart of every step of the real estate journey, from the first open house to closing escrow. With this funding, we’re doubling down on our commitment to you: building the tools and technology to power your businesses and deliver the best possible experience to your clients.
We’ll continue to improve our tools, technology, and processes to give you and your clients a frictionless transaction experience. And we have big plans to hire in all of our offices across the United States — ensuring you have the best team in proptech working with a single focus on supporting you, your teams, and your clients, every day.
We can’t wait to embark on this journey with our team, close partners, and you – the hundreds of thousands of agents we work with across the country – to transform the transaction experience for all.
Cheers to the next chapter,
CEO and Founder of HomeLight
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