Houwzer: Raises $118M In Series B Equity and Debt Funding

Houwzer Raises $118M In Series B Equity and Debt Funding

• Houwzer, a Philadelphia, PA-based end-to-end real estate brokerage and homeownership platform, closed a $118m financing round
• The funding includes $18M in Series B equity and a $100M warehouse line of credit
• The round was led by Edison Partners with participation from follow-on investors Admiral Capital Group, GOPhilly, and Ben Franklin Technology Partners
• This brings Houw zer’s total equity funding to $35m since its 2015 inception
• The company provides an end-to-end real estate brokerage and homeownership platform powered by proprietary technology and an all-W2 labor model across all of its salaried agents and mortgage advisors
• The company has enables clients to buy and sell 4,000 homes with a cumulative sales volume of nearly $2 billion