{"id":26535,"date":"2021-09-02T16:49:19","date_gmt":"2021-09-02T23:49:19","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=26535"},"modified":"2024-03-06T08:15:22","modified_gmt":"2024-03-06T16:15:22","slug":"making-real-estate-simple-certain-and-satisfying-how-363m-will-help-power-the-businesses-of-top-agents-nationwide","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/making-real-estate-simple-certain-and-satisfying-how-363m-will-help-power-the-businesses-of-top-agents-nationwide\/","title":{"rendered":"Making Real Estate Simple, Certain, and Satisfying: How $363M Will Help Power the Businesses of Top Agents Nationwide"},"content":{"rendered":"

Almost ten years ago, we set out to change the future of real estate, with a clear vision: we fundamentally believed that that path to a better transaction would be through the best real estate agents in the country \u2014 people like you.<\/span><\/p>\n

Ever since, HomeLight had a singular goal: to root out every moment of friction, pain, and uncertainty in the transaction process, and to transform it. To replace complexity with simplicity, and frustration with satisfaction. To deliver better outcomes to buyers and sellers everywhere by partnering with top agents nationwide.\u00a0<\/span><\/p>\n

Today, I\u2019m excited to share that we’ve made a major step in our journey together: <\/span>we\u2019ve raised $363 million of new funding<\/b>, including $100 million of Series D equity and over $<\/span>263<\/span> million in debt financing to power HomeLight Cash Offer\u2122 and HomeLight Trade-In\u2122 operations. HomeLight is now valued at $1.6 billion.<\/span><\/p>\n

With this funding, we\u2019re doubling down on our commitment to you: building the tools and technology to power your businesses and deliver the best possible experience to your clients.<\/span><\/p>\n

But what\u2019s even more exciting: <\/span>together, we\u2019ve now served more than 1 million homebuyers and sellers across the country.\u00a0<\/b><\/p>\n

These are more than just impressive numbers on a screen \u2014 they\u2019re individuals and families across the entire United States who have turned to and trusted HomeLight and their agents to help them during one of life\u2019s most important moments: buying or selling their home.\u00a0<\/span><\/p>\n

The pandemic has highlighted just how important home is to all of us\u00a0<\/span><\/h2>\n

I said it when we last raised money in 2019, and I\u2019ll say it again: what we\u2019re building at HomeLight is personal to me, to our team members, and to those who have experienced the frustration and deep disappointment when trying to buy or sell a home without success.<\/span><\/p>\n

But much has changed in the world since our last fundraising round.\u00a0<\/span><\/p>\n

Now, what we\u2019re building at HomeLight is personal to the millions of families who had to scramble to buy or sell a home in the throes of the pandemic.\u00a0<\/span><\/p>\n

It\u2019s personal to the millions of people who have missed out on their dream home because they lost in competitive bidding wars or because of delays caused by contingencies.\u00a0<\/span><\/p>\n

It\u2019s personal to the dedicated real estate agents across the country who remain committed to delivering the best possible experience to their clients \u2014 no matter what hurdles they may face, including a global pandemic.\u00a0<\/span><\/p>\n

We\u2019re proud to have helped countless top agents continue to serve their clients during the challenges of the last year and half. And we\u2019re incredibly proud to have made the dream of homeownership come true for thousands of homebuyers and sellers, when home has never meant more to us all.\u00a0<\/span><\/p>\n

And yet, in many ways, we know that this is still the beginning.\u00a0<\/span><\/p>\n

At HomeLight, we know the future of real estate is technology- and agent-driven.\u00a0<\/span><\/h2>\n

We deeply believe that agents are at the heart of every step of the real estate journey, from the first open house to closing escrow. With this funding, we\u2019re doubling down on our commitment to you: building the tools and technology to power your businesses and deliver the best possible experience to your clients.<\/span><\/p>\n

We\u2019ll continue to improve our tools, technology, and processes to give you and your clients a frictionless transaction experience. And we have big plans to hire in all of our offices across the United States \u2014 ensuring you have the best team in proptech working with a single focus on supporting you, your teams, and your clients, every day.\u00a0<\/span><\/p>\n

We can\u2019t wait to embark on this journey with our team, close partners, and you \u2013 the hundreds of thousands of agents we work with across the country \u2013\u00a0to transform the transaction experience for all.<\/span><\/p>\n

Cheers to the next chapter,<\/span><\/p>\n

Drew Uher<\/span><\/p>\n

CEO and Founder of <\/span>HomeLight<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Almost ten years ago, we set out to change the future of real estate, with a clear vision: we fundamentally believed that that path to a better transaction would be through the best real estate agents in the country \u2014 people like you. Ever since, HomeLight had a singular goal: to root out every moment […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[334],"tags":[],"class_list":["post-26535","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"\nHomeLight Cash Offer\u2122 and HomeLight Trade-In\u2122: $363M raised<\/title>\n<meta name=\"description\" content=\"Discover the future of real estate with HomeLight. 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