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Digital Mortgage Company Tomo Raises $40M Seed Round; Investors Include Ribbit Capital and NFX

Oct 28, 2020almost 5 years ago

Amount Raised

$40 Million

Round Type

seed

Stamford

Description

Tomo Networks, a fintech startup that will improve the homebuying experience, initially as a digital mortgage and transaction company, today announced it has raised a seed round of $40 million led by Ribbit Capital, NFX and Zigg Capital.

Company Information

Company

Tomo

Location

Stamford, Connecticut, United States

About

Tomo Networks Inc. (DBA: Tomo) is a fintech startup that improves the homebuying experience.Tomo will provide what we want and deserve: the efficiency of a tech-enabled real estate transaction and the intimacy of having a team of elite professionals on our side. Tomo was created by Greg Schwartz and Carey Armstrong and in October 2020 announced a $40 million seed round. Tomo's team is dedicated to the philosophy of Omotenashi -- anticipating the customer's needs and meeting them before the customer is even aware they exist. For more information, visit tomonetworks.com

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech