Home equity fintech Unlock bags $30m Series B funding

Unlock Technologies, a US fintech founded in 2019, has secured a $30 million Series B equity investment from D2 Asset Management, Saluda Grade, Second Century Ventures, and Reach (the venture arm of the National Association of Realtors).
Unlock provides home equity agreements (HEAs), allowing homeowners to access lump sums of cash in exchange for a share of future home appreciation, offering an alternative to traditional loans.
CEO Jim Riccitelli says the funding supports Unlock’s vision of democratizing home equity to help homeowners meet financial goals.
In addition to equity funding, Unlock has secured a $250 million capital commitment from D2 to support origination growth and expand operations across the US.
Unlock currently operates in 14 states and plans to use the new funding to expand product offerings tailored to segments like homebuyers, retirees, and those excluded by traditional lending.
The fintech will also invest in technology, focusing on data analytics to better understand customer behavior and preferences.