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HomeLight raised $20M in a Series D extension led by Zeev Ventures to expand its AI-powered Buy Before You Sell product for lenders and agents across 40 new states.

Aug 26, 2024over 1 year ago

Amount Raised

$20 Million

Round Type

series d

ScottsdaleCommercial Real EstateReal Estate

Investors

Menlo VenturesStereo CapitalZeev Ventures

Description

HomeLight, the real estate technology platform, announced $20 million of new funding to support the expansion of its Buy Before You Sell product. The Series D extension was led by Zeev Ventures with contributions from Stereo Capital and Menlo Ventures.

Company Information

Company

HomeLight

Location

Scottsdale, Arizona, United States

About

HomeLight is a real estate technology platform that empowers top agents, lenders, and clients through innovative transactions. The company specializes in providing solutions to homebuyers, allowing them to sell their existing homes while purchasing new ones. Their flagship product, Buy Before You Sell, leverages AI to help users unlock equity and make offers on new homes quickly. HomeLight is committed to improving the homebuying experience by partnering with over 10,000 loan officers and 28,000 real estate agents nationwide.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech