Home finance company
To build innovative home finance solutions to overcome the limitations of the traditional mortgage.
Lost Creek, TX
CTO of Otta
Sellers historically favor more dependable all-cash purposes - but few are in a position to offer them. Moreover, nobody favors the drawn-out choreography of timing one’s home sale with a new home purchase. Homeward allows customers to make all-cash purchases on new homes via the company, who buy on their behalf and sell to the customer once they’ve closed on their existing home.
By providing a seamless experience under three companies, it is a comprehensive service covering the home-buying process start to finish. Homeward's solution is elegant, and proving hugely popular - it is currently oversubscribed in markets across the country. It’s a new, innovative development in a legacy industry in dire need of change.
Importantly, Homeward is attractive to investors - and the Austin-based company are no doubt additionally cashing in on the increased VC interest in the growing Texas tech scene. Further, following its success in the Texas, Georgia, and Colorado markets, Homeward is planning to go nationwide with its real estate solution. It has already extended to Florida and Arizona, and looks to conquer more states in the future.
Last 2 fundraises
This company has top investors
Tim studied Finance and Real Estate at Texas A&M. He also founded Mint Title, Phone Animal and The Heyl Group.
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