HomeLight

Two Surprising Forces Shaping Today's Retirement Plans: Young People Moving to Golf Communities and Homeowners Building ADUs for Their Parents, According to HomeLight

Retrieved on: 
Monday, October 18, 2021
Citibank, Ageing, ADU, Menlo Ventures, Secondary suite, Adult, Dallas–Fort Worth metroplex, Housing, VRBO, Parent, Traction, Golf, HomeAway, HomeLight, Crosslink Capital, SAN, GV (company), Real estate, Airline, Propane, Renting, Insurance

According to HomeLight, more than a third of real estate agents have seen an increase in ADUs over the past year.

Key Points: 
  • According to HomeLight, more than a third of real estate agents have seen an increase in ADUs over the past year.
  • The value of ADUs has increased 38% nationally since pre-COVID times, from $47,597 to $65,908.
  • Unexpectedly, ADUs are also gaining traction in regions where they haven't always been so popular, such as the Midwest.
  • Each year, HomeLight facilitates billions of dollars of residential real estate business on its platform for thousands of agents.

HomeLight Named to 2021 CB Insights Fintech 250 List of Top Fintech Startups for Second Year in a Row

Retrieved on: 
Tuesday, October 5, 2021
Insurance, GV (company), VC, Health, Citibank, CB Insights, Tiger Global Management, CEO, Crosslink Capital, Growth, Accel, Menlo Ventures, Technology, HomeLight, History, Investment, Film, Real estate, Retail, Security (finance), Airline

This year's list was unveiled on stage at CB Insights' Future of Fintech conference in New York City.

Key Points: 
  • This year's list was unveiled on stage at CB Insights' Future of Fintech conference in New York City.
  • "After being named to the CB Insights Fintech 250 last year, the 2020 class saw 17 companies go public and 25 get acquired.
  • The Fintech 250 has a history of spotlighting the very best fintech companies, and this year is no different.
  • "For the second year in a row, HomeLight is honored to be recognized by CB Insights on the Fintech 250 List as a leader building the future of real estate," said Drew Uher, Founder and CEO of HomeLight.

EquityBee Raises Additional $55 Million From Repeat Investor Group 11

Retrieved on: 
Wednesday, September 29, 2021
Finance, Consulting, Professional Services, Small Business, Human Resources, Exercise, Battery Ventures, Series, Investor Network on Climate Risk, Group 11 element, Roman Catholic Diocese of La Crosse, Financial technology, TripActions, Altair, CEO, Freedom, ICON, Growth, Silicon, HomeLight, Tipalti, Technology, IPO, TEL, Industry, Security (finance), Renewable energy, EquityBee, Group 11, Greenfield Partners, EQUITYBEE, GROUP 11, GREENFIELD PARTNERS

The round was led by existing investor Group 11, with participation from new investors Israel-based Greenfield Partners, as well as existing investors Battery Ventures, Local Globe/Latitude, Altair and ICON.

Key Points: 
  • The round was led by existing investor Group 11, with participation from new investors Israel-based Greenfield Partners, as well as existing investors Battery Ventures, Local Globe/Latitude, Altair and ICON.
  • Through its proprietary financial technology-driven platform, EquityBee provides funding to startup employees of growth stage to pre-IPO companies.
  • Since 2020, EquityBee has seen over 500% year over year growth in total capital raised from its Investor Network to exercise employee stock options.
  • Investors in the company include Group 11, Greenfield Partners, Battery Ventures, Latitude, Altair Capital and ICON Continuity Fund.

HomeLight Raises $363 Million to Fuel Rapid Expansion; Valuation Reaches $1.6 Billion

Retrieved on: 
Thursday, September 2, 2021
GV (company), Menlo Ventures, Stagnation, Crosslink Capital, HomeLight, SAN, Citibank, Group 11 element, Technology, Industry, CEO, SoftBank Group, Growth, Real estate

The round includes $100 million of Series D equity and $263 million in debt financing to power HomeLight Cash Offer and HomeLight Trade-In operations, bringing HomeLight's total funding to approximately $530 million to date.

Key Points: 
  • The round includes $100 million of Series D equity and $263 million in debt financing to power HomeLight Cash Offer and HomeLight Trade-In operations, bringing HomeLight's total funding to approximately $530 million to date.
  • HomeLight will use the funding to accelerate the expansion of its technology platform for agents, including its flagship financial products, HomeLight Trade-In and HomeLight Cash Offer, to new markets across the country.
  • HomeLight also plans to continue hiring and will open new offices across the United States and globally.
  • "After decades of stagnation in our industry, how we buy and sell homes is fundamentally changing," said Drew Uher, Founder and CEO of HomeLight.

PCOS Awareness Lights Up the World: Global Communities Join Forces to Start Major Month of Unity and Advocacy

Retrieved on: 
Wednesday, September 1, 2021
People, Fertility, University, Twitter, Congress, Instagram, Degenerative disease, 1838 Massachusetts legislature, Diagnosis, Adelaide Oval Stadium Management Authority, NASCAR Hall of Fame, RMA, Social media, Endometrial cancer, Research, National Concert Hall, New, Health, Awareness, HomeLight, Polycystic ovary syndrome, Massachusetts General Court, Patient, PCOS, Education, PCOS Challenge, Cardiovascular disease, Woman, University of Alabama, National, Pharmaceutical industry, Public relations

ATLANTA, Sept. 1, 2021 /PRNewswire/ -- On September 1, 2021, the first day of PCOS Awareness Month, PCOS Challenge: The National Polycystic Ovary Syndrome Association will kick off the fourth annual World PCOS Day of Unity .

Key Points: 
  • ATLANTA, Sept. 1, 2021 /PRNewswire/ -- On September 1, 2021, the first day of PCOS Awareness Month, PCOS Challenge: The National Polycystic Ovary Syndrome Association will kick off the fourth annual World PCOS Day of Unity .
  • For more information about the fourth annual World PCOS Day of Unity, lighting events, other PCOS Awareness Month activities or to schedule media interviews, please visit pcoschallenge.org and pcosawarenessmonth.org .
  • Other major PCOS Awareness Month events include the PCOS Awareness Symposium in Philadelphia with in-person and virtual sessions and the PCOS Challenge 5K Run/Walk national campaign.
  • PCOS Challenge is the sponsoring organization for World PCOS Day and PCOS Awareness Month and offers supporting resources, information and events.

HomeLight Expands HomeLight Trade-In™ and HomeLight Cash Offer™ to Colorado

Retrieved on: 
Tuesday, August 24, 2021
Crosslink Capital, GV (company), Credit Suisse, HomeLight, Time, Menlo Ventures, Solution, Citibank, SAN, CEO, Income, Technology, Real estate, Online gambling

HomeLight Cash Offer enables homebuyers to make all-cash offers even if they need a mortgage.

Key Points: 
  • HomeLight Cash Offer enables homebuyers to make all-cash offers even if they need a mortgage.
  • Offers powered by HomeLight Cash Offer have saved home buyers up to 4.4% compared to offers with a loan.
  • HomeLight Cash Offer gives top agents and their clients the ability to make an all-cash offer on their next home, even if they need a mortgage.
  • Agents interested in working with HomeLight to bring HomeLight Trade-In and HomeLight Cash Offer to their clients should visit: homelight.com/trade-in and homelight.com/cash-offer
    HomeLight is building the future of real estate today.

Conga Acquires Contract Wrangler

Retrieved on: 
Tuesday, August 17, 2021
Software, Technology, Other Technology, Wrangler, ML, Twitter, Commercial Operating System (COS), Growth, Culture, Conga, Acquisition, Leadership, CLM, Efficiency, HomeLight, Machine learning, AI, CPQ, Contract, Risk, Commerce, Compliance, Solution, Commercial, Risk management

With our acquisition of Contract Wrangler, were extending our leadership in helping companies manage their revenue contracts, said Conga CEO and Culture Leader Noel Goggin.

Key Points: 
  • With our acquisition of Contract Wrangler, were extending our leadership in helping companies manage their revenue contracts, said Conga CEO and Culture Leader Noel Goggin.
  • Contract Wranglers ability to help companies gain actionable insights from all their contracts is unparalleled and a perfect complement to the Conga commercial and revenue operations solutions, said Contract Wrangler CEO John Gengarella.
  • Conga will bring Contract Wrangler to market as Conga Contract Intelligence.
  • Conga Contract Intelligence will be sold standalone and as a value-added capability to Congas existing Contract & Lifecycle Management (CLM) solutions.

Sanctuary Real Estate Partners With Side To Maximize Impact of Client-Centric Model

Retrieved on: 
Friday, August 13, 2021
LOS, Silicon, HomeLight, Partnership, The Wall Street Journal, Marketing, Technology, Public relations, Solution, Real estate

For global real estate advisor and Sanctuary Real Estate founder Ed Dee, world-class performance and hyper-focused client empathy are cornerstones of his service, a mindset that has resulted in a largely referral-based clientele.

Key Points: 
  • For global real estate advisor and Sanctuary Real Estate founder Ed Dee, world-class performance and hyper-focused client empathy are cornerstones of his service, a mindset that has resulted in a largely referral-based clientele.
  • Sanctuary Real Estate provides its clients a buffer from the hectic, competitive, and often stressful world of real estate.
  • Additionally, Sanctuary Real Estate will join an exclusive group of Side partners, tapping into an expansive network from coast to coast.
  • Sanctuary Real Estate is a refuge from the often hectic and unpredictable world of real estate.

HomeLight Announces Expansion of Closing Services™ Division in Florida; Plans to Grow to Over 500 Employees Statewide

Retrieved on: 
Monday, July 19, 2021
HomeLight

HomeLight Closing Services provides top agents with:

Key Points: 
  • HomeLight Closing Services provides top agents with:
    HomeLight Closing Services has grown more than 500% in Florida since June 2020.
  • HomeLight continues to expand HomeLight Closing Services, along with flagship financial offerings, HomeLight Cash Offer and HomeLight Trade-In, to new markets across the country.
  • "HomeLight Closing Services has been a game-changer for my business," said local top agent Clyde Murphy at Re/Max Capital Realty.
  • Agents interested in working with HomeLight to bring HomeLight Closing Services to their clients should visit: homelight.com/agents .

4% Mortgage Rates and Soon-To-Be Retirees Causing Seller's Market to Shift, According to HomeLight's Top Agent Insights Summer/Fall 2021 Report

Retrieved on: 
Wednesday, July 14, 2021
HomeLight, Real estate agent, Mortgage loan, Mortgage, Marketing, Finance, Economy, Subprime mortgage crisis

4% mortgage rates could spark a shift in inventory: Potential home sellers know that buyers are influenced by low mortgage rates, and more sellers are feeling the pressure to list before mortgage rates rise.

Key Points: 
  • 4% mortgage rates could spark a shift in inventory: Potential home sellers know that buyers are influenced by low mortgage rates, and more sellers are feeling the pressure to list before mortgage rates rise.
  • 52% of agents say mortgage interest rates will only need to hit between 4% and 4.5% for buyer demand to slow.
  • 23% of agents say mortgage interest rates will need to hit 5% for there to be an impact.
  • HomeLight's Top Agent Insights report for Summer / Fall 2021 was fielded between May 20-June 4, 2021, through an online poll of 1,115 HomeLight Elite and top real estate agents across the country.