blog

Tomo, a ‘PayPal for the mortgage industry’ fintech startup, lands $40M at $640M valuation

Written by daryn | Apr 1, 2022 2:03:06 PM

Tomo, a startup founded by former Zillow execs that aims to speed up the mortgage approval process, raised a $40 million Series A round at a $640 million valuation, doubling the company’s value after it raised a $70 million seed round last year.