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Tomo raises $40M Series A, hits $640M valuation

Housing Wire

The fundraise more than doubles Tomo’s valuation to $640 million. It included participation from existing investors Ribbit Capital , NFX and Zigg Capital. New investors Telesoft Partners and proptech VC Parker89 also participated in the round, which brings Tomo’s total funding raised to date to $110 million.

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Divvy Homes hits $2 billion valuation after latest funding round

Housing Wire

Divvy Homes , the prop-tech startup that buys homes on behalf of renters and guides them to eventual ownership, announced Friday a new round of funding that nearly quadrupled its valuation to $2 billion. According to Hefets, almost 25,000 real estate agents work with Divvy, over three times the number that did a year ago.

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RealReports raises $2 million in seed funding

Housing Wire

“We are thrilled to have such engaged and helpful investors join us in this round, and are more confident than ever before about our path forward,” James Rogers, co-founder and CEO of RealReports, said in a statement. RealReports is a real estate platform that gathers property data , ranging from climate risk to valuation, in one place.

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homegenius offers 21st-century valuation solutions that take home price estimates to a new level

Housing Wire

As businesses around the globe continue to streamline their processes with the help of tech advancements, residential valuation services are doing their part to keep pace. subsidiary and Radian company, offers 21st-century valuation solutions that take home price estimates to a new level.

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Opendoor could make public debut via reverse merger at $5B valuation

Housing Wire

Opendoor , the largest instant home buying platform in the country, could debut on the public market at a $5 billion valuation, according to a new report. billion from investors and was most recently valued at $3.8 The post Opendoor could make public debut via reverse merger at $5B valuation appeared first on HousingWire.

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With homegenius Real Estate’s solutions, lenders can help homeowners explore their home equity options

Housing Wire

To help homeowners explore their home equity options, lenders, investors and others in the industry should consider leveraging tech-backed services. The AAR consists of an onsite property inspection completed by a local and licensed real estate agent or broker.

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PunchList USA names chief product and data officer 

Housing Wire

“I look forward to building our data infrastructure and accelerating our product roadmap to make home services more intelligent, accessible, and hassle-free for homeowners, investors, and real estate professionals,” Pampulov said in a statement.