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HomeLight Revenue, Valuation, Funding & Investors
HomeLight is valued at $1.7B as of June 2022, a 5.7x multiple on its last reported $300M revenue.
Last HomeLight valuation
$1.7B
Series D · Jun 2022
Last HomeLight funding round
$20M
Series D · Aug 2024
HomeLight revenue
$300M
Series D · Jun 2022
Key investors in HomeLight
Zeev Ventures
Menlo Ventures
Group 11
Crosslink Capital
Bullpen Capital
Stereo Capital
About HomeLight
HomeLight is a real estate technology platform facilitating home purchases and sales in the United States. San Francisco-headquartered, it matches users with agents using market data, offers all-cash buy options, bridge loans for buying before selling, and streamlined closing processes with lender partnerships.
Founded
2012
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Commission, Subscription
Revenue
$300M (Jun 2022)
Valuation
$1.7B (Jun 2022)
HomeLight Valuation
HomeLight is currently valued at $1.7B, based on its Series D in June 2022.
The $60M round was led by Zeev Ventures.
HomeLight's valuation has grown 1.1x from $1.6B at its Series D in September 2021 to $1.7B in June 2022, across 2 priced rounds.
HomeLight valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jun 2022 | Series D | $1.7B | 5.7x |
| Sep 2021 | Series D | $1.6B | 5.3x |
HomeLight Revenue
HomeLight's latest recorded revenue is $300M, as of its Series D in June 2022. At a $1.7B valuation, that implies a 5.7x revenue multiple.
Revenue moved from $300M in September 2021 to $300M in June 2022, while the revenue multiple moved from 5.3x to 5.7x.
HomeLight revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jun 2022 | $300M | $1.7B | 5.7x | Series D |
| Sep 2021 | $300M | $1.6B | 5.3x | Series D |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
HomeLight Funding History
HomeLight has raised a total of $297M across 7 funding rounds.
HomeLight's first fundraising round was a $3M Series A in February 2015. The most recent completed round was a $20M Series D in August 2024.
HomeLight funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2024 | Series D | Zeev Ventures (lead); Menlo Ventures; Stereo Capital | $20M | - | HomeLight is a real estate technology platform founded in 2012, headquartered in Scottsdale, Arizona, that streamlines real estate transactions by providing personalized agent recommendations based on transaction history, pricing, and customer reviews, and powers innovative products for agents, lenders, and clients. Its flagship AI-powered Buy Before You Sell product enables homebuyers to unlock up to 70% of equity from their existing homes to make offers on new properties the same day, now available in 47 states and partnered with over 10,000 loan officers and 28,000 agents, having unlocked over $655 million in equity. On August 26, 2024, HomeLight raised $20 million in a Series D-2 extension (also called Series D extension or Series D-III) led by Zeev Ventures, with participation from Stereo Capital and Menlo Ventures, to expand Buy Before You Sell to lenders and agents across 40 new states. This brings total funding to approximately $762.5 million across 15+ rounds from investors including Group 11, Crosslink Capital, Bullpen Capital, Montage Ventures, Citi Ventures, and Google Ventures. The round is described as a down round, following prior raises like $115 million ($60M equity + $55M debt) in June 2022 with acquisition of Accept.inc, and earlier acquisitions of Eave in 2019 and Disclosures.io in 2020. HomeLight achieved unicorn status previously, with a $1.7 billion valuation as of June 2022 and $1.6 billion reported in a prior Zeev-led round. |
| Jun 2022 | Series D | Zeev Ventures (lead) | $60M | $1.7B | HomeLight is a real-estate technology platform that helps home buyers and sellers find real-estate agents and provides financial products including the ability to purchase homes before selling existing properties. The company operates in the iBuyer and mortgage lending space, competing with platforms like Zillow and Opendoor, and has expanded its product portfolio to include title and escrow services as well as lending solutions following the 2019 acquisition of Eave. In June 2022, HomeLight raised $60 million in equity funding and $55 million in debt financing at a $1.7 billion post-money valuation, representing an extension of the company's $100 million Series D announced in September 2021 when it was valued at $1.6 billion. The equity round was led by existing investor Oren Zeev, whose venture capital fund led this funding and the prior Series D round. In conjunction with this funding, HomeLight announced the acquisition of Accept.inc (formerly BoardRE), a lending startup that had raised $90 million. HomeLight disclosed that it estimated closing 2021 with $300 million in annual revenues, up from $100 million in 2020. As of April 2022, the combined HomeLight and Accept.inc entity represented more than $3 billion in referred transaction volume in the first quarter, while HomeLight Cash Offer (which operates in California, Colorado, Arizona, Florida, and Texas) had achieved 500% year-over-year growth in transaction volume. The funding was intended to support the Accept.inc acquisition and expand product offerings while the company prioritized strengthening operations and improving profitability amid broader market headwinds in real estate technology. |
| Sep 2021 | Series D | Zeev Ventures (lead); Group 11; Menlo Ventures; SoftBank Group; Stereo Capital | $100M | $1.6B | HomeLight is a real estate technology platform founded in 2012 that connects homebuyers and sellers with top agents via a proprietary matching algorithm and offers services like agent referrals, all-cash offers through HomeLight Cash Offer, and home trade-ins via HomeLight Trade-In. The company charges real estate agents a 25% broker-to-broker referral fee on closed deals. In September 2021, HomeLight closed a $100 million Series D equity round led by Zeev Ventures, with participation from Group 11, Menlo Ventures, Stereo Capital (STCAP), and Lydia Jett from SoftBank Vision Fund, alongside $263 million in debt financing, bringing total funding to $530 million. This round valued the company at a post-money $1.6 billion, achieving unicorn status and tripling its prior valuation from the 2019 Series C. The funding supports expansion of its agent platform to new markets, scaling financial products like Trade-In and Cash Offer, adding headcount (over 500 employees from 350 end of 2020), and opening offices in Scottsdale, San Francisco, New York, Seattle, and Tampa, with plans for further U.S. and international growth. HomeLight projected 3x year-over-year revenue growth to over $300 million in 2021 (implying around $100 million in 2020), amid surging demand in real estate transactions. Positioned in the proptech space amid iBuyers like Zillow and Opendoor, HomeLight differentiates by empowering agents rather than replacing them, focusing on simplifying transactions with contingency-free cash offers and access to pre-approved buyers. Zeev Ventures, which led prior rounds including Series A (2015) and C (2019), highlighted HomeLight's execution in transforming real estate. |
| Nov 2019 | Series C | Zeev Ventures (lead); Group 11; Menlo Ventures; Stereo Capital; Crosslink Capital | $63M | - | HomeLight is a real estate technology platform founded in 2012 that connects homebuyers and sellers with top real estate agents and offers innovative financial products like HomeLight Cash Offer and Trade-In to simplify transactions. In November 2019, the company raised $109 million in a Series C round led by Zeev Ventures, comprising $63 million in equity and $46 million in debt financing, with participation from investors including Crosslink Capital, Group 11, Menlo Ventures, Stereo Capital, and others. The funds were intended to accelerate growth, support acquisitions, enhance technological capabilities, and invest in new product development amid competition from iBuyers like Zillow and Opendoor. This 2019 round built on prior funding, including a $40 million Series B in August 2017 led by Group 11 and Menlo Ventures, and an $11 million Series A in April 2016 also involving Zeev Ventures and Group 11. By 2021, HomeLight announced a $363 million raise including $100 million Series D equity at a $1.6 billion valuation, again led by Zeev Ventures with the same co-investors, noting the 2021 valuation was about triple the implied value from the 2019 round. The company had grown to over 500 employees by 2021, with offices in multiple U.S. cities and plans for further expansion. Traction metrics were not detailed for 2019, though later reports projected 3x year-over-year revenue growth to over $300 million in 2021, implying prior annual revenue around $100 million in 2020. HomeLight continued raising capital post-2019, reaching total funding over $700 million by 2024, with ongoing investments from Zeev Ventures in extensions and debt rounds to expand products like Buy Before You Sell into new markets. |
| Aug 2017 | Series B | Group 11 (lead); Menlo Ventures (lead); Zeev Ventures; GV; Bullpen Capital; Innovation Endeavors; Citi Ventures; Crosslink Capital; Daniel Schryer | $40M | - | HomeLight, founded in 2012, operates an online real estate marketplace that uses data from over 100 sources and nearly 30 million transactions to match home sellers with top-rated agents likely to close deals quickly and at the best price. The platform also assists buyers with advisors for legal processes, opportunities, and negotiations. In August 2017, HomeLight raised $40 million in a Series B round led by Menlo Ventures and Group 11, with participation from Citi Ventures, Zeev Ventures, SGVC, Crosslink Capital, and Innovation Endeavors, bringing total funding to $55 million including an $11 million Series A in 2016. The capital was allocated to double staff from about 60 to over 100 in sales, marketing, operations, and engineering across San Francisco and Phoenix offices, refine the platform, and enhance customer experience. Since the prior round, HomeLight reported nearly 500% revenue growth, added over 1,000 agent partners monthly, and listed over $1 billion in homes year-to-date. Board additions included Tyler Sosin from Menlo Ventures as director and Venky Ganesan of Menlo plus Dovi Frances of SGVC as observers. The company targeted substantial business expansion in real estate tech, focusing on sellers amid a market gap, with plans to grow headcount significantly by Q1 2018. |
| Apr 2016 | Series A | Group 11 (lead); Zeev Ventures (lead); Oren Dobronsky; Bullpen Capital; Innovation Endeavors; Krillion Ventures; Montage Ventures; Yariv Davidovich | $11M | - | HomeLight raised $11 million in its Series A funding round on April 18, 2016, led by Zeev Ventures with participation from investors including Group 11, Bullpen Capital, Montage Ventures, and Krillion Ventures. The funding brought the company's total capital raised since inception to $15 million. HomeLight operates as a marketplace for finding real estate professionals and was active in 38 major U.S. markets at the time. |
| Feb 2015 | Series A | Bullpen Capital (lead); Krillion Ventures; Montage Ventures; FundersClub; Western Technology Investment; ZenStone Venture Capital; Crosslink Capital; 500 Global | $3M | - | HomeLight, a real estate technology platform founded in 2012 by Drew Uher, connects home buyers and sellers with top agents to simplify transactions. In February 2015, the company raised $3 million in a funding round led by Bullpen Ventures, with participation from Montage Ventures, Crosslink Capital, Krillion Ventures, 500 Startups, and Western Technology Investment. This seed or early-stage round supported the platform's growth in matching clients with qualified agents based on data. |
Who has invested in HomeLight?
19 investors have backed HomeLight across its funding rounds, including Zeev Ventures, Menlo Ventures, Group 11, Crosslink Capital, Bullpen Capital and Stereo Capital.
Lead investors include Zeev Ventures, Group 11, Menlo Ventures and Bullpen Capital.
HomeLight Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 6 | Lead | Apr 2016 | ||
| 4 | Lead | Apr 2016 | ||
| 4 | Lead | Aug 2017 | ||
| 3 | Lead | Feb 2015 | ||
| 3 | Participant | Nov 2019 | ||
| 3 | Participant | Feb 2015 | ||
| 2 | Participant | Apr 2016 | ||
| 2 | Participant | Feb 2015 | ||
| 2 | Participant | Feb 2015 | ||
| 1 | Participant | Apr 2016 | ||
| 1 | Participant | Aug 2017 | ||
| 1 | Participant | Sep 2021 | ||
| 1 | Participant | Feb 2015 | ||
This data is available for Pro users. Sign up to see all 19 HomeLight investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by HomeLight
HomeLight has acquired 3 companies to date.
Last acquisition by HomeLight was on June 16th 2022. HomeLight acquired Accept.inc for undisclosed valuation.
Latest Acquisitions by HomeLight
| Description | Accept.inc is a Denver-headquartered fintech that enables mortgage-qualified homebuyers to make cash offers on properties through its iLender platform. Launched in 2019, it partners with real estate agents nationwide to provide fee-free cash bids backed by its lending network, closing deals in as few as 10 days. The company serves buyers in 40 states, leveling competition against investors by verifying buyer finances upfront. Accept.inc integrates with MLS systems and title companies for streamlined transactions. | Disclosures.io is a software platform designed for real estate agents to manage property disclosure forms digitally. It automates the creation, signing, and storage of state-specific disclosure documents, ensuring compliance with local regulations. The tool integrates with transaction management systems to track deadlines and reduce errors in residential sales processes. Portland-based Disclosures.io targets agents handling home sales in multiple U.S. states. | Eave is a Walnut Creek-headquartered mortgage origination platform acquired by HomeLight in May 2019. Founded in 2015, the company automates 80% of underwriting, funding, and closing processes through its digital platform, fully approving borrowers before property shopping. It serves U.S. homebuyers in multiple states, emphasizing cash-like certainty with fixed rates from day one. Eave integrates with HomeLight's network to streamline referrals and closings nationwide. |
| HQ Country | |||
| HQ City | Denver, CO | San Francisco, CA | San Francisco, CA |
| Deal Date | 16 Jun 2022 | 17 Aug 2020 | 9 Jul 2019 |
| Valuation | undisclosed | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
This data is available for Pro users. Sign up to see all HomeLight acquisitions and their M&A valuation multiples. Start Free Trial | |||
HomeLight Competitors
HomeLight competitors include listed companies like Real Brokerage, CoStar Group and Porch Group, and private ones like Loft, Flyhomes and VTS.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $2.9B | - | ||
| Private | - | - | $800M | - | ||
| Publicly listed | $2B | ($6M) | $638M | 0.2x | ||
| Publicly listed | $3.2B | $183M | $12B | 3.3x | ||
| Private | $100M | - | $1.6B | 16.0x | ||
| Publicly listed | $510M | $79M | $1.8B | 4.1x |
HomeLight Public Comps
HomeLight is still privately-owned, but its public comps include Grainger plc, Mitsui-Soko Holdings, Intea Fastigheter, Smartstop Self Storage, Porch Group, HIAG Immobilien Holding, Poly Property Services, Implenia, Iguatemi and IRSA.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $348M | $192M | 11.0x | 18.7x | 19.9x | 22.5x | |||
| $1.9B | $213M | 1.0x | 1.0x | 9.4x | - | |||
| $159M | $140M | 20.6x | 18.1x | 23.4x | 22.2x | |||
| $281M | $129M | 10.6x | 12.0x | 23.2x | 19.0x | |||
| $510M | $79M | 4.0x | 4.1x | 25.7x | 18.4x | |||
| $173M | $168M | 14.9x | 9.3x | 15.2x | 17.0x | |||
| $2.6B | $354M | 0.1x | 0.1x | 0.8x | 0.8x | |||
| $4.2B | $328M | 0.5x | 0.5x | 6.0x | 6.1x | |||
This data is available for Pro users. Sign up to see all HomeLight competitors and their valuation data. Start Free Trial | ||||||||
Common questions about HomeLight
| When was HomeLight founded? | HomeLight was founded in 2012. |
| Where is HomeLight headquartered? | HomeLight is headquartered in Phoenix, AZ, United States. |
| Is HomeLight publicly listed? | No, HomeLight is a private, VC-backed company. |
| What is HomeLight's valuation? | HomeLight was last valued at $1.7B in its Series D in June 2022. |
| How much funding has HomeLight raised? | HomeLight has raised $297M across 7 funding rounds. |
| What was HomeLight's last funding round? | HomeLight's last funding round was a $20M Series D in August 2024, led by Zeev Ventures. |
| Who are HomeLight's investors? | HomeLight's investors include Zeev Ventures, Group 11, Menlo Ventures, Bullpen Capital, Stereo Capital, Crosslink Capital, Innovation Endeavors, Krillion Ventures, Montage Ventures, Oren Dobronsky and 9 others. |
| What is HomeLight's revenue? | HomeLight's latest recorded revenue is $300M (June 2022). |
| What is HomeLight's revenue multiple? | HomeLight's latest valuation implies a 5.7x revenue multiple ($1.7B valuation on $300M of revenue). |
| Which companies are comparable to HomeLight? | Companies comparable to HomeLight include Loft, Flyhomes, Real Brokerage, CoStar Group, VTS and Porch Group. |
| How many companies has HomeLight acquired? | HomeLight has acquired 3 companies, including Accept.inc, Disclosures.io and Eave. |
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