HomeLight offers a real estate technology platform that empowers top real estate agents to deliver better outcomes to homebuyers and sellers. HomeLight is "building the future of real estate today with a vision of a world where every real estate transaction is simple, certain, and satisfying for all," according to executives. "The best real estate agents rely on HomeLight's platform to deliver better outcomes to homebuyers and sellers during every step of the real estate journey, whether that is enabling an all-cash offer, unlocking liquidity of their existing home to buy a new one, or creating certainty through a modern closing process. Each year, HomeLight facilitates billions of dollars of residential real estate business on its platform for thousands of agents."

In September 2021, the firm announced $363 million of new funding. The round was led by Zeev Ventures, with participation from Group 11, STCAP, Menlo Ventures, and Lydia Jett of the SoftBank Vision Fund. The round included $100 million of Series D equity and $263 million in debt financing to power HomeLight Cash Offer and HomeLight Trade-In operations, bringing HomeLight's total funding to approximately $530 million at that time.

HomeLight is using the funding to accelerate the expansion of its technology platform for agents, including its flagship financial products, HomeLight Trade-In and HomeLight Cash Offer, to new markets across the country. HomeLight also plans to continue hiring and will open new offices, such as the one that opened in April at Hacienda, across the United States and globally.

"After decades of stagnation in our industry, how we buy and sell homes is fundamentally changing," according to Drew Uher, Founder and CEO of HomeLight. "We've built the definitive platform that gives the best real estate agents and their clients the power of contingency-free transactions–whether that's enabling an all-cash offer, unlocking liquidity of an existing home to buy a new one, or creating certainty through a modern closing process. We've proven that technology can help transform the transaction experience, and we couldn't be more excited to bring that technology to top agents, homebuyers, and sellers everywhere."

Since the company's Series C raise in October 2019, HomeLight has experienced sustained growth at approximately 3x year-over-year; grown its flagship financial products by more than 700% since their launch in January 2020; grown the team by more than 180% year-over-year and expanded local operations to Texas, Florida, and Colorado; and appointed Sean Aggarwal, the Chairman of Lyft, Inc. and former Chief Financial Officer of Trulia, to its board.

"When I first led HomeLight's Series A in 2015, I believed deeply in the team's vision of making real estate simpler, more certain, and satisfying for everyone involved," notes  Oren Zeev, Founding Partner at Zeev Ventures. "Today, HomeLight has delivered on that promise and more. I'm proud to support them as they build the future of real estate transactions." 

Founded in 2012, HomeLight is a privately held company with offices in Scottsdale, San Francisco, New York, and Seattle, with backing from prominent investors including Zeev Ventures, Menlo Ventures, Group 11, Crosslink Capital, Bullpen Capital, Montage Ventures, Stereo Capital, Citi Ventures, Google Ventures, and others.

For more information about HomeLight, please visit www.homelight.com.