Homelight

Homelight

Connects home buyers and sellers with agents

About

HomeLight simplifies the process of buying and selling homes by connecting clients with top-performing real estate agents in their area. It analyzes home sales data to identify successful agents, making it easier for buyers and sellers to find reputable help, especially if they are unfamiliar with the market. In addition to agent matching, HomeLight offers tools like a home affordability calculator, a home search tool, and a home value calculator, as well as connections to local lenders and home loan services in certain states. Unlike many competitors, HomeLight focuses on lead generation by charging referral fees to agents for the leads it provides, which allows it to offer a comprehensive suite of services to clients. The goal of HomeLight is to create a streamlined and efficient experience for individuals navigating the real estate market.

Company Stage

Series D

Employees

201-500

Industries

Real Estate

Total Funding

$290.4M

Headquarters

Scottsdale, Arizona

Founded

2012


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Simplify's Take

What believers are saying

  • HomeLight raised $20M to expand its AI-driven real estate solutions.
  • The partnership with Sand & Sea Investments enhances HomeLight's service offerings.
  • Expansion into new geographic markets increases HomeLight's market share.

What critics are saying

  • Increased competition from AI-driven platforms may erode HomeLight's market share.
  • Integration challenges from acquiring Accept Inc. could affect operational efficiency.
  • Expansion of 'Buy Before You Sell' may strain resources and affect service quality.

What makes Homelight unique

  • HomeLight uses AI to match clients with top-performing real estate agents.
  • Their 'Buy Before You Sell' program is available in 40 new states.
  • HomeLight offers integrated services, including agent matching, financing, and closing processes.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

-6%

2 year growth

-19%

Benefits

Medical, dental, & vision benefits

Office-wide quarterly group wellness events

401k

Commuter & dependent FSA

Quarterly volunteering & community events

Choice of a Dell or Apple laptop

Mental wellbeing

PTO

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