American Family Ventures has returned in a $100m round for the home equity finance startup, having already taken part in its $12m series A round last year.
US-based home equity investment platform Hometap collected $100m in funding on Wednesday from investors including American Family Ventures, the corporate venturing arm of insurance provider American Family.
Multi-family office Iconiq Capital and venture capital firms General Catalyst, G20 Ventures and Pillar VC also took part in the round.
Founded in 2017, Hometap operates a service that enables owners to sell a percentage of their home equity to the company in return for cash, meaning they can forego loans or remortgaging…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
