"Homium Raises $10M in Series A Funding to Expand Mortgage Lending and Securitization Platform"
Homium Raises $10M in Series A Funding
Homium's Series A Funding
Key Highlights:
- Series A Funding: Homium, a home equity mortgage lender and securitization platform provider, raised $10 million in Series A funding.
- Investors: Funding round led by Sorenson Impact Group and Blizzard, the Avalanche Ecosystem Fund.
- Expansion Plans: Funds will be used to expand operations and development efforts.
Homium's Target Market
- Homeowners and Investors: Individuals looking to achieve their home financing goals and investors interested in home equity opportunities.
- Homeowners Seeking Financing Options: Homeowners who want to monetize their home equity through a fair and transparent process.
- Investors Interested in Home Equity: Investors looking for opportunities to invest in tokenized securities backed by home equity.
What Homium Needs to Buy
- Technology Development: Investment in technology development to enhance the securitization platform and improve user experience.
- Market Expansion: Expansion into new states to offer the platform's services to a wider customer base.
- Partnerships: Collaborations with financial institutions and capital market participants to facilitate the securitization process.