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Venture Capital News: Homeward Pulls In $371M

2021-05-27
AUSTIN, TX, Homeward today announced it has secured growth capital of $371 million.
Homeward, a modern home finance company that helps homebuyers win with cash offers, today announced it has secured growth capital of $371M, including $136M in equity and $235M in debt. Norwest Venture Partners led the equity financing, with participation by Blackstone Alternative Asset Management, Breyer Capital, and existing investors, Adams Street, Javelin, and LiveOak Venture Partners.

Homeward is a modern home finance company that helps real estate agents and their clients overcome the limitations of traditional mortgages. The Homeward Cash Offer eliminates finance, home sale, and appraisal contingencies, enabling homebuyers to win with cash and, when necessary, to buy their new home before they sell their old one. Homeward has an office in Austin, TX, but operates with a fully remote workforce.
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