How Much Did HomeLight Raise? Headquarters, Funding & Key Investors

HomeLight has raised a total of $758 million through multiple rounds, including Series D and debt financing, reaching a $1.7 billion valuation (as of June 2022). Major investors include Zeev Ventures, Menlo Ventures, Group 11, and Stereo Capital. The company’s latest funding round, a $20 million Series D extension in August 2024, aimed to expand its “Buy Before You Sell” program to 40 additional U.S. states. Focused on simplifying home transactions, HomeLight continues to innovate in real estate technology by integrating AI and personalized matching tools for buyers and sellers.

How Much Did HomeLight Raise? Funding & Key Investors

HomeLight is a leading real estate technology platform that connects home buyers and sellers with top-performing real estate agents. The platform leverages data-driven insights to match clients with the most suitable agents based on expertise, location, and past performance. Beyond agent matching, HomeLight offers products such as cash offers, mortgage connections, and tools that enable users to buy before they sell, revolutionizing the home transaction experience with transparency and speed.

What Is HomeLight and What Does It Do?

HomeLight, founded in 2012 by BC Broussard, Drew Uher, and Jason Zhang, is a San Francisco-based (United States) residential real estate technology company. It provides an online recommendation platform that connects home buyers and sellers with top agents using a proprietary matching algorithm. HomeLight employs between 500–1,000 people.

The company’s technology analyzes agent performance data, customer reviews, and transaction history to deliver tailored recommendations. HomeLight’s platform also enables mortgage lenders to establish referral relationships with agents, creating a comprehensive real estate ecosystem designed to streamline the buying and selling processes.

How Much Funding Has HomeLight Raised?

1. Series A

Amount Raised: $11 Million
Date: April 2016
Lead Investors: Group 11, Zeev Ventures
Motivation: To scale operations and enhance the platform’s technology.

2. Series B

Amount Raised: $40 Million
Date: August 2017
Lead Investors: Group 11, Menlo Ventures
Motivation: To expand market reach and improve service offerings.

3. Series C

Amount Raised: $63 Million
Date: November 2019
Lead Investors: Zeev Ventures
Motivation: To accelerate growth and invest in new product development.

4. Debt Financing

Amount Raised: $46 Million
Date: November 2019
Motivation: To support operational expenses and strategic initiatives.

5. Debt Financing

Amount Raised: $100 Million
Date: May 2021
Motivation: To enhance liquidity and support business expansion.

6. Series D

Amount Raised: $100 Million
Date: September 2021
Lead Investors: Zeev Ventures
Motivation: To fuel growth and expand product offerings.

7. Debt Financing

Amount Raised: $263 Million
Date: September 2021
Motivation: To support financial stability and operational growth.

8. Series D (Extension 1)

Amount Raised: $60 Million
Date: June 2022
Lead Investors: Zeev Ventures
Motivation: To expand market presence and enhance technology.

9. Debt Financing (Extension 2)

Amount Raised: $55 Million
Date: June 2022
Motivation: To support ongoing operations and strategic growth.

10. Series D (Extension 3)

Amount Raised: $20 Million
Date: August 2024
Lead Investors: Zeev Ventures, Stereo Capital, Menlo Ventures
Motivation: To expand the “Buy Before You Sell” product to 40 new states.

Total Funding Raised: $758 Million

Current Valuation: $1.7 Billion (as of June 2022)

Latest Funding Date: August 2024

Key Investors

1. Zeev Ventures

Details: An early-stage venture firm known for its deep operational involvement and repeated investments in HomeLight.
Investment Focus Areas: Technology, Real Estate, Fintech
Notable Investments: Houzz, Tipalti, TripActions

2. Group 11

Details: A venture capital firm specializing in early-stage tech startups, with significant involvement in fintech and real estate innovation.
Investment Focus Areas: Fintech, SaaS, Real Estate
Notable Investments: Next Insurance, Tipalti, Sunbit

3. Menlo Ventures

Details: A long-standing VC firm investing in consumer and enterprise technology companies since 1976.
Investment Focus Areas: Consumer, Enterprise, Healthcare
Notable Investments: Uber, Roku, Poshmark

4. Crosslink Capital

Details: A hybrid venture capital and private equity firm that invests in early and growth-stage companies.
Investment Focus Areas: Technology, Consumer, Fintech
Notable Investments: Pandora, Coupa, Chime

Where Is HomeLight’s Headquarters?

HomeLight’s headquarters is located in San Francisco, California, United States, a central hub for technology and real estate innovation. This strategic location provides access to an extensive network of real estate professionals, venture investors, and technology talent, supporting HomeLight’s continuous product evolution and nationwide service expansion.

What’s Next for HomeLight?

HomeLight plans to broaden the reach of its flagship “Buy Before You Sell” program to 40 additional states, enabling more homeowners to unlock liquidity and transition seamlessly between properties. With continued support from leading investors and advancements in AI-driven matching, HomeLight aims to streamline home transactions further, reduce friction, and strengthen its position as a market leader in residential real estate technology.

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