New York, New York – August 21, 2024
HomeLend, the direct investment platform and liquidity hub of the mortgage industry, completes a $5.0M seed round led by New Era Capital Partners, to fund the accelerated growth of its platform.
HomeLend, Inc. the developer and operator of an innovative technology platform for the purchase and sale of mortgage loans, has announced that it recently closed a Series Seed financing round led by New Era Capital, a global venture capital firm. This round follows earlier SAFE rounds completed by the Company, with the participation of leading angel investors and finance industry executives.
HomeLend is transforming the largest financial market in the world, and we are excited to have received this vote of trust by New Era, a venture capital firm with a track record of backing industry-transforming innovators. The New Era investment will help HomeLend extend its reach to many more financial institutions, who are looking to directly buy and sell mortgage loans without the need for upfront investments, ongoing fixed costs or prolonged time to market, said HomeLend’s founder and CEO, Noam Ben-Ozer.
Ran Simha, Managing Partner at New Era Capital, remarked: “We are delighted to be able to partner with Noam and the entire HomeLend team. The company’s innovative technology platform is already having a transformative impact on how the mortgage industry is financing and investing in whole loans. We see great opportunities for growth and expansion of the Company’s offering and market presence. New Era is excited to be a part of this promising journey”
About HomeLend:
Trusted by a growing list of leading financial institutions, HomeLend is an innovative, state-of-the-art, technology and operational platform for the purchase and sale of mortgage loans. For investors, HomeLend provides the entire infrastructure required to become a direct buyer of mortgages, through a plug-and-play, smart and bespoke solution, far superior to any homebuilt or other alternatives. For mortgage sellers, HomeLend offers a single point of access to a wide range of mortgage programs and liquidity avenues. Founded in 2021, HomeLend is led by a proven team of technology and finance-industry executives and backed by prominent network of investors. To learn more about how HomeLend is transforming the mortgage industry, visit www.homelend.com
