Homeward, a startup that helps homeowners buy before selling their existing homes or get cash offers for their properties, has raised a $120 million Series D round, Crunchbase News reports exclusively. Saluda Grade led the round, which also included participation from Continental General Insurance Co., Citi Ventures, Magnetar Capital, Norwest and Live Oak Ventures, as well as Adams Street Partners, Javelin Venture Partners, Harmony Partners, Era Ventures and First American. Homeward has now raised $360 million in equity since its 2018 inception. The company declined to disclose the valuation at which it raised the latest round, saying it was similar to its valuation at the time of its $136 million Series C raise in 2021, when it was reported to be “just north of $800 million.”
Austin-based Homeward has also secured a $330 million asset-backed debt facility to fund more home transactions. The equity funding will support expansion of its financing products and investment in its technology platform. Its recent funding comes amid an uptick in startup investment to the proptech category this year. So far in 2026, global real estate-related startups have pulled in about $12.7 billion in seed- through growth-stage investment, per Crunchbase data, putting this year on pace to top last year’s funding, which totaled $12.3 billion.
Homeward works through real estate agents to help clients access the equity tied up in their homes and navigate the timing of buying and selling. Its Buy Before You Sell program provides short-term financing so homeowners can purchase their next house before selling their current one, along with a guaranteed backup offer for the existing property. For homeowners seeking a faster sale, its Sell Before You List program offers a cash purchase and a closing in a matter of weeks. Homeward then fixes up the property and resells it on the open market, returning the profit to the original homeowner while charging a program fee.
“We realized that there’s an opportunity to help homeowners sell their home fast without sacrificing all of their home equity like they would have to if they sold to an investor,” founder and CEO Tim Heyl told Crunchbase News in an interview. The financing has helped Homeward roll out its cash-offer program across the 48 contiguous states, Heyl said. The company also plans to make its Buy Before You Sell program available nationwide by year-end. The expansion follows a pivot that Heyl credits with helping Homeward more than quadruple revenue since 2021, even as U.S. home sales fell roughly 30%, according to his estimates.
Source: Crunchbase News · Summarized by HeadlinesBriefing