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Tomo Networks

Tomo Networks

Tomo is an Austin-based company developing an online mortgaging process for home buyers.

OverviewStructured DataIssuesContributors

Contents

hellotomo.com
tomonetworks.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Technology
Technology
Mortgage loan
Mortgage loan
Real estate technology
Real estate technology
Real Estate
Real Estate
Location
Stamford, Connecticut
Stamford, Connecticut
Seattle
Seattle
Austin, Texas
Austin, Texas
B2X
B2C
B2C
CEO
Greg Schwartz
Greg Schwartz
Founder
Carey Armstrong
Carey Armstrong
Greg Schwartz
Greg Schwartz
Pitchbook URL
pitchbook.com/profiles...442358-38
Number of Employees (Ranges)
51 – 200
Email Address
questions@hellotomo.com
Full Address
Stamford, CT, US0
Investors
Silicon Valley Bank
Silicon Valley Bank
Ted Ackerley
Ted Ackerley
0
Zigg Capital
Zigg Capital
NFX
NFX
Ribbit Capital
Ribbit Capital
DST Global
DST Global
Founded Date
2020
0
Total Funding Amount (USD)
150,000,000
Latest Funding Round Date
March 21, 2022
Latest Funding Type
Series A
Series A

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
40,000,000
Public/Private
Private

Overview

Founded in 2020 by former Zillow executives Greg Schwartz and Carey Armstrong, Tomo is a mortgaging platform that launched with its announcement of a $70 million Seed round of funding in June of 2021. The Austin-based company developed a platform to move the home buying mortgaging process online and issue fully underwritten pre-approvals "in hours instead of days."

Tomo launched its product in three cities on June 30, 2021, Dallas, Houston, and Seattle, and plans to get homebuyers to closing as soon as 21 days by removing brick and mortar banks from the homebuying process.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Tomo Founders Story

https://www.youtube.com/watch?v=pnib3svD8-g

Web

June 30, 2021

References

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