Former Zillow executives Greg Schwartz and Carey Armstrong have launched a home search portal under their company, Tomo. The portal is available to homebuyers in 21 states
Cuts were from the impact of the recent shift in the mortgage and venture capital markets due to the rapid increase in interest rates, according to Tomo CEO and Co-Founder Greg Schwartz
Fintech focused on purchase mortgages planning to add more markets and more mortgage products later this year, now doing business in more than 1/3 of U.S. markets
Tomo will partner buyers with Tom Ferry-trained agents to help them navigate the platform's digital mortgage and transaction services
Flint and other big-name investors including Tom Ferry collectively dropped $1.5M on the showing management startup
It's easier than ever to complete a transaction without ever meeting in-person, but the mortgage lending process is one pain point in which multiple agents have aired grievances
New startup Tomo is aiming to improve the real estate transaction experience with a $40M seed round