Hometap gives property owners a way to tap into their home equity by partnering with an investor. That investor is essentially giving money in exchange for a portion of the future value of the homeowner’s home.
|Company Name||CEO||Fund Raise||Led By||No. of Investors|
|Hometap||Jeffrey Glass||$60M||American Family Ventures||4+|
Hometap 60m American Family Ventures
Hometap, a start-up company, that helps people in taking home equity without a loan, announced fundraising of $60M round led by American Family Ventures. Other investors are Bain Capital, G20 Ventures, Iconiq Capital, and Pillar and General Catalyst also participated in this funding round.
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The company CEO, Jeffrey Glass, considered this company a good business and their main motive is to provide liquidity and financial flexibility to their homeowners.