Homeward raises $136 million Series B
Norwest led the equity round for cash-backed home purchases.
Homeward announced $136 million in equity financing on May 27, 2021, led by Norwest Venture Partners. Blackstone Alternative Asset Management, Breyer Capital, Adams Street, Javelin and LiveOak Venture Partners participated.
The company planned to expand into more markets and increase support for real estate agents and buyers. Its service lets customers make cash offers and buy a new property before selling their existing home. Homeward also announced $235 million in debt financing.