Real Estate Startup HomeLight Secures $109M In Debt & Equity

Buying a home is one of the biggest, and most expensive, decisions in a person’s life. Over the past year or so, we’ve written about a slew of startups that have developed technology aimed at making the process smoother and cheaper in one way or another. Today, another such startup, San Francisco-based HomeLight, has announced a $109 million round of debt and equity funding. The financing round includes $63 million in Series C equity from venture capital firms and $46 million in debt financing “to fuel mortgage operations. Zeev Ventures led the round, which included participation from Group 11, Menlo Ventures, Crosslink Capital, Stereo Capital, and others. The financing brings the company’s total raised over its lifetime to about $164 million, according to Crunchbase data. Previously, it raised a $40 million Series B in August 2017.