Homeward leverages technology to create an integrated homebuying solution that bundles the power of cash offers with finance and title to create a seamless real estate experience. A former real estate agent, founder and CEO, Tim Heyl, noticed buyers couldn’t make an offer on a new home until they sold their old home. Heyl decided to try a radical solution and bought the home his client wanted with his own money. He then sold it back to the client once he had finalized his mortgage. With that, Homeward’s first service and “Buy Before you sell” was born.
- Achieved 4.5x year-over-year growth in the number of homes put under contract.
- Received real estate agent NPS scores from 50-56, which demonstrates Homeward’s strong customer experience.
- Secured growth capital of $371M, including $136M in equity and $235M in debt. This enabled the hiring of more than 250 new employees in 2021 alone.
