Homeward is a property tech startup that was created as an alternative to traditional real estate.
Homeward lets customers relax, and buy before they sell. Customers buy the home they want using an all-cash offer, and then sell their current property at full market value.
Homeward was founded in 2018 by Tim Heyl and is based in Austin, Texas.
Homeward has designed a calmer, more convenient process. With Homeward you get the cash you need to buy before you sell so you stay in control.
The Homeward Way gives homebuyers credit for their home equity up front, and lets them make an all-cash offer to secure their next home using the company’s funds. Homeward customers also receive a floor price guarantee on their existing home in case they’re unable to sell it for its full market value.
Homeward is backed by LiveOak Venture Partners, Adams Street Partners, Javelin Venture Partners, Genesis Capital, Keystone Bank and others. The company raised $20M in equity and another $85M in debt funding on May 14, 2020. This brings Homeward's total funding to $130M to date.