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Tomo - About the company

Tomo is a series B company based in Seattle (United States), founded in 2020 by Greg Schwartz and Carey Schwaber Armstrong. It operates as an Offers an AI-powered platform providing residential home buying strategies and listing services. Tomo has raised $131M in funding from investors like Ribbit Capital, NFX and SVB, with a current valuation of $*****. The company has 286 active competitors, including 19 funded and 24 that have exited. Its top competitors include companies like HomeFirst Finance, loanDepot and Rocket Mortgage.

Company Details

Offers an AI-powered platform providing residential home buying strategies and listing services. The company offers a home search portal, providing home buyer strategies. The company provides financial services related to intellectual property and intangible assets.
Website
tomo.com
Social
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Key Metrics
Founded Year
2020
Location
Seattle, United States
Stage
Series B
Total Funding
$131M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 24, 2022
Ranked
Employee Count
245 as on Mar 31, 2026
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Tomo's funding and investors

Tomo has raised a total funding of $131M over 4 rounds. Its first funding round was on Aug 24, 2020. Its latest funding round was a Series B round on Jan 24, 2025 for $*****. 4 investors participated in its latest round. Tomo has 9 institutional investors.

Here is the list of recent funding rounds of Tomo:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 24, 2025
8224842
Series B
9492463
6811937
4013001
9187328
Feb 24, 2022
5766598
Series B
6692308
9040216
1258722
Jan 29, 2021
8045943
Series A
1350617
5530247
5311935
1513110
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Tomo's founders and board of directors

Founder? Claim Profile
The founders of Tomo are Greg Schwartz and Carey Schwaber Armstrong. Greg Schwartz is the CEO of Tomo.
Here are the details of Tomo's key team members:

Tomo's employee count trend

Tomo has 245 employees as of Mar 26. Here is Tomo's employee count trend over the years:
Employee count trend for Tomo
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Tomo's Competitors and alternates

Top competitors of Tomo include HomeFirst Finance, loanDepot and Rocket Mortgage. Here is the list of Top 10 competitors of Tomo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for HomeFirst Finance
HomeFirst Finance
2010, Mumbai (India), Public
Housing finance company focused on providing affordable home loans
$210M
77/100
2nd
Logo for loanDepot
loanDepot
2010, Lake Forest (United States), Public
Mortgage lender providing home loans, refinancing, and home equity solutions
$71.9M
72/100
3rd
Logo for Rocket Mortgage
Rocket Mortgage
1999, Detroit (United States), Public
Online platform for mortgage loans
-
-
67/100
4th
Logo for Mr. Cooper
Mr. Cooper
1994, Dallas (United States), Acquired
Provider of an app-based platform for residential mortgage loans
-
66/100
5th
Logo for ACHF
ACHF
2016, Pune (India), Series C
Provider of home loans, self-construction loans, home improvement, and refinance
$80M
64/100
6th
Logo for AmeriHome Mortgage
AmeriHome Mortgage
2013, Los Angeles (United States), Acquired
Online residential mortgage loan platform
-
-
58/100
7th
Logo for NewRez
NewRez
2008, Washington (United States), Funding Raised
Provider of an online lending platform for mortgage loans
-
57/100
8th
Logo for Tomo
Tomo
2020, Seattle (United States), Series B
Offers an AI-powered platform providing residential home buying strategies and listing services
$131M
43/100
9th
Logo for Movement Mortgage
Movement Mortgage
2008, Fort Mill (United States), Funding Raised
Online and mobile app based mortgage loans
-
-
56/100
10th
Logo for Wonder Home Finance
Wonder Home Finance
2017, Jaipur (India), Late Stage
Provider of home loan financing solutions for individuals
$55M
56/100
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Tomo's Investments and acquisitions

Tomo has made no investments or acquisitions yet.

Reports related to Tomo

Here is the latest report on Tomo's sector:

News related to Tomo

Media has covered Tomo for a total of 3 events in the last 1 year, 1 of them has been about company updates.
Fintech company to relocate Stamford HQ to New York CityHartford Business JournalMar 11, 2025Tomo
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FAQs about Tomo

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