Hometap: Raises $60 million
- Hometap, which provides a smart, new loan alternative for tapping into home equity without taking on debt
- Announced it has raised $60 million of new operating capital in a funding round led by American Family Ventures
- The latest funding round brings total operating capital raised to date by to $95 million
- The operating capital will be deployed to continue hiring top talent across all functional areas
- Introducing additional alternative financing products and services to support homeowner needs
- Allows owners to receive debt-free cash in exchange for a share of their home’s future value
