The company was previously valued at $1.6B in September 2021. Here are the top-line bullets you need to know.
HomeLight, a proptech company, has raised $115M in a mix of debt and equity. The $60M Series D round drew participation from Zeev Ventures, and the $55M in debt financing was provided by undisclosed investors.
How’s the company performing?
- California-based HomeLight helps connect homebuyers and sellers with real estate agents.
- Along with the funding, the company announced the acquisition of Accept.inc, a digital mortgage lender.
- HomeLight, which partners with over 28K real estate agents across the US, currently has offices in San Francisco, Scottsdale, Seattle, and New York.
Source: HomeLight
Why does the market matter?
- The global real estate software market is expected to reach a value of $18.7B by 2028, growing at a CAGR of 9.7%, according to Grand View Research.
- Individuals and organizations are turning to real estate software in order to support data management and security amid increasing digitization.
