Hometap is revolutionizing home financing, giving this generation of homeowners a new way to take advantage of the equity they've earned in their homes. Founded in 2017, Hometap makes investments of up to 20 percent of a current home's value, allowing homeowners to immediately receive cash for the things they need and want without having to incur further debt through a home equity loan or second mortgage. Because Hometap is not a lending product, there is no set credit score required, no interest rates, and no monthly payments. Through home equity investments, Hometap is working to change the face of homeownership and provide financial stability and freedom to homeowners.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
05/23/18 | $12,000,000 | Series A |
American Family Ventures G20 Ventures Pillar | undisclosed |
12/12/19 | $100,000,000 | Venture |
American Family Ventures G20 Ventures ICONIQ Capital Pillar | undisclosed |
12/06/21 | $60,000,000 |
American Family Ventures Bain Capital G20 Ventures ICONIQ Capital Pillar | undisclosed |