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Homeward raises $4 million

Austin, Texas based financing platform for homebuyers has raised $4m in equity funding led by LiveOak Venture Partners and $21m in debt funding from Genesis Capital and Keystone Bank.

“Obviously we all know there is an incredible amount of activity on a nationwide basis and believe there’s still technology and novel business models that have not quite come into the industry yet,” Srinivasan, founding partner at LiveOak Venture Partners, told Crunchbase News. “In Homeward, we see the potential to disrupt existing business models and that’s been proven in the fact that the company is seeing tremendous success in a very short period of time.”

Tags

financing platform, homebuyers, texas