Homeward raises $120M, expanding real estate financing options
Homeward, a startup that helps people buy a new house before selling their current one, just raised $120 million in Series D funding. The round, led by Saluda Grade, pushes Homeward's total equity raised to $360 million since its 2018 launch. The company also picked up a $330 million debt facility to fund more home purchases. Homeward plans to use the cash to expand its products and nationwide reach.
- $120 million Series D led by Saluda Grade
- Total equity raised now $360 million
- $330 million asset-backed debt facility secured
- Helps homeowners buy before selling existing properties
- Expansion planned for its financing programs nationwide
Sources covering this
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