When was Tomo founded?

Tomo was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is Tomo located?

Tomo is headquartered in Seattle, United States.

Who is the current CEO of Tomo?

Greg Schwartz of Tomo. They have also founded 1 company and are angel investors in 4 startups, including .

How many employees does Tomo have?

As of May 31, 2026, the latest employee count at Tomo is 268.

Is Tomo a funded company?

Tomo is a funded company, having raised a total of $131M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 24, 2020.

How much is Tomo worth?

The latest valuation of Tomo is $***** as of Feb 24, 2022.

When was the latest funding round of Tomo?

Tomo's latest funding was a $***** Series B round on Jan 24, 2025, with participation from 4 investors.

Where does Tomo rank among its competitors?

Tomo ranks 14th amongst 199 active competitors, of which 9 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Roam, which secured $11.5M in Apr, 2025.

Who are the top competitors of Tomo?

Tomo's top competitors include Better Mortgage, loanDepot and Pennymac. Among them, Roam secured the most recent funding round in April, 2025.

Tomo - 2026 Company Profile, Team, Funding & Competitors

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 199 active competitors, including 9 funded and 15 that have exited. Its top competitors include companies like Better Mortgage, loanDepot and Pennymac.

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
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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

Series B, Jan 24, 2025, $*****

Post Money Valuation

$***** as on Feb 24, 2022

Investors

Ribbit Capital & 8 more

Ranked

14^th among 199 active competitors

Employee Count

268 as on May 31, 2026

Similar Companies

Better Mortgage & 282 more

View Tomo's full profile

Tomo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
TOMO MORTGAGE, LLC CIN: 6794200 , United States, Active	Apr 07, 2023	-	-	-

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 24, 2025	1191124	Series B	1384176	8771628	8078419	8545111
Feb 24, 2022	1047695	Series B	3330682	5488002	9031413	Ribbit Capital & 4 more
Jan 29, 2021	7590525	Series A	5842846	5699081	1992855	7104295

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View details of Tomo's funding rounds and investors

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:

Greg Schwartz: Co-Founder & CEO of Tomo and founder of 2 other companies, Tomo and Tomo. They are also an angel investor in 4 startups.
Contact Info: 1 email address
Carey Schwaber Armstrong: Co-Founder of Tomo.

View details of Tomo's Founder profiles and Board Members

Tomo's employee count trend

Tomo has 268 employees as of May 26. Here is Tomo's employee count trend over the years:

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Top competitors of Tomo include Better Mortgage, loanDepot and Pennymac. 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	Better Mortgage 2014, New York City (United States), Series E	Online marketplace offering residential mortgage loans for consumers	$980M	Activant Capital, Hoopp & 35 others	77/100
2nd	loanDepot 2010, Lake Forest (United States), Public	Mortgage lender providing home loans, refinancing, and home equity solutions	$71.9M	Parthenon Capital	71/100
3rd	Pennymac 2008, Westlake Village (United States), Public	Provider of home loan origination and servicing solutions. This company offers a full suite of mortgage products, including purchase loans, refinance options, and home equity loans. They support various loan types, such as conventional, FHA, VA, and jumbo loans. The company also provides comprehensive support services for existing loan holders, including account management and payment processing. They utilize a combination of online platforms and dedicated loan officers to assist customers throughout the entire loan process.	-	-	65/100
4th	Rocket Mortgage 1999, Detroit (United States), Public	Online platform for mortgage loans	-	-	64/100
5th	NewRez 2008, Washington (United States), Funding Raised	Provider of an online lending platform for mortgage loans	-	Rithm Capital	61/100
6th	Mr. Cooper 1994, Dallas (United States), Acquired	Provider of an app-based platform for residential mortgage loans	-	Long Ridge	59/100
7th	Movement Mortgage 2008, Fort Mill (United States), Funding Raised	Online and mobile app based mortgage loans	-	-	57/100
8th	Roam 2023, New York City (United States), Series A	Lending platform offering residential mortgage financing	$15.8M	Khosla Ventures, Founders Fund & 8 others	52/100
9th	FBC Mortgage 2005, Orlando (United States), Unfunded	Home loans provider	-	-	47/100
10th	A&D Mortgage 2005, Hollywood (United States), Unfunded	Online platform for mortgage loans	-	-	46/100
14th	Tomo 2020, Seattle (United States), Series B	Offers an AI-powered platform providing residential home buying strategies and listing services	$131M	DST Global, Zigg Capital & 7 others	43/100