The Real Deal New York

HomeLight, real estate startup that connects home sellers to brokers, raises $40M

August 18, 2017 04:57PM

HomeLight secured a $40 million in Series B funding this week, bringing total investment in the company to $55 million. The company, which promises to connect home sellers with the right real estate agent, claims that homeowners who use HomeLight sell 29 days faster than average and get prices 3.5 percent higher than average. HomeLight said its revenue, earned via referral fees when agents close a deal through the service, has grown 500 percent since its last funding round in 2016. [Housingwire]