What is HomeLight?
HomeLight operates as a real estate technology company, offering an innovative online platform designed to connect real estate agencies with buyers and sellers. By leveraging technology, HomeLight aims to streamline the often complex and fragmented real estate transaction process, providing a more efficient and transparent experience for all parties involved. The company's focus on digital solutions positions it at the forefront of the evolving proptech landscape, seeking to redefine how real estate is bought and sold.
How much funding has HomeLight raised?
HomeLight has raised a total of $504.5M across 9 funding rounds:
Series A
$11M
Series B
$40M
Other Financing Round
$109M
Debt
$5M
Debt
$100M
Debt
$55M
Series D
$180M
Series A (2016): $11M supported by Krillion Ventures, Innovation Endeavors, Bullpen Capital, and Montage Ventures
Series B (2017): $40M featuring Menlo Ventures, SGVC, Crosslink Capital, Innovation Endeavors, and Citi Ventures
Other Financing Round (2019): $109M backed by Group 11, Croslsink Capital, Stereo Capital, Zeev Ventures, and Menlo Ventures
Debt (2020): $5M with participation from PPP
Debt (2021): $100M led by Credit Suisse
Debt (2022): $55M, investors not publicly disclosed
Series D (2024): $180M featuring Stereo Capital, Zeev Ventures, Lydia Jett, Group 11, and Menlo Ventures
Key Investors in HomeLight
Stereo Capital
Stereo Capital is focused on partnering with entrepreneurs to drive growth and efficiency within their businesses, emphasizing rapid experimentation and data-driven decision-making. They aim to understand deeply the businesses they invest in and work with high-performing entrepreneurs.
Zeev Ventures
Zeev Ventures is an early-stage venture fund that invests in technology, financial, e-commerce, and consumer service sectors, providing capital and support for companies through subsequent funding rounds.
Group 11
Group 11 is an investment firm focused on identifying and supporting innovative companies that are reshaping the financial landscape, believing their success is tied to the achievements of the founders they back.
What's next for HomeLight?
The recent major strategic investment of $180M signals a new phase of growth and development for HomeLight. This capital infusion is expected to accelerate the company's product innovation, expand its market reach, and potentially explore new strategic partnerships within the real estate ecosystem. As HomeLight continues to scale, its focus will likely remain on enhancing its platform capabilities and solidifying its position as a leader in the digital real estate market, further capitalizing on its substantial total funding of $504.5M.
See full HomeLight company page
