HomeLight

HomeLight is a real estate referral company that empowers people to make smarter decisions during one of life's most important moments: buying or selling their home.

HomeLight develops AI-driven software and services for home buyers, sellers, and real estate agents.

HomeLight was founded in 2012 by Drew Uher. The company is headquartered in San Francisco, California, with offices in Seattle, Washingnton and Tempe, Arizona.

 

HomeLight’s initial product focused on using artificial intelligence to match consumers and real estate investors to agents. Since then, the company has expanded to also providing title and escrow services to agents and home sellers and matching sellers with iBuyers.

 

HomeLight launched its flagship financial products, HomeLight Trade-In and HomeLight Cash Offer. HomeLight’s Trade-In product gives its clients greater control over the timeline of their move and ability to transact, and Cash Offer gives people a way to make all cash offers on homes.

 

HomeLight has worked with over 1 million homebuyers and sellers in the U.S. Today, the company works closely with the top 28,000 of those agents across the country.

 

HomeLight is backed by GV, Zeev Ventures, Bullpen Ventures, Citi Ventures, Group 11, Menlo Ventures, Crosslink Capital and others. The company raised an additional $60M as an extension of their $100M Series D raised in Sep 2021, bringing the round total to $160M. HomeLight also raised $55M in debt financing on Jun 16, 2022. This brings HomeLight's total capital raised to $742.5M to date. The latest investment valued the company at a $1.7B, up from their $1.6B gained in Sep 2021.

 

 

  • Year founded: 2012
  • Funding Info: $742.5M over 10 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: $200M-$300M (2022)
  • Employee Size: 501-1,000
  • Business Valuation: Valued at $1.7B as of Jun 16, 2022
  • City/Town: San Francisco
  • State: California
  • Country: United States
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