Hometap secures $50M to expand homeowner solutions

▤ Summary

Hometap has raised $50 million to expand its homeowner-focused financial products. The company plans to use the capital to speed adoption of its home equity investment offering and invest more in technology, tools, and education. Its core product gives homeowners cash upfront in exchange for a share of future home value, avoiding monthly payments. The company says it has already deployed more than $2.3 billion in home equity investments and served over 22,000 homeowners.

$ Funding

▦ Linked Companies