About

Founded

2020

Headquarters

Stamford, Connecticut

Industry

Real Estate

Company Description

Tomo Networks is a fintech startup that improves the homebuying experience by pairing a smarter and faster mortgage process with the best real estate agents to eliminate complexity, reduce cost, and put buyers in the best position to close.

Quick Links

Website Jobs

Funding

Total Raised

$110 million

Valuation

$640 million

Significant Investors

Ribbit Capital, DST Global, NFX, Zigg Capital, SVB Capital

Company Traction

As of June 2023, Tomo claims customers close on-time 98% of the time compared to the industry average of 40%.

As of June 2023, Tomo has helped 2,800 customers buy homes with its mortgage products with an average savings of $2,000 with $0 lender fees.

As of June 2023, Tomo has rated 5/5 stars from 62 reviews on Zillow.

Leadership Team

Greg Schwartz: Co-Founder & CEO of Tomo. Former President of Media & Marketplace at Zillow.

Carey Schwaber Armstrong: Co-Founder & COO of Tomo. Former VP, Premier Agent at Zillow.

Tad Hensley: SVP of Mortage at Tomo. Former Executive Director of Secondary Marketing at USAA.

Kim Rodgers: VP, Head of People at Tomo. Former VP, Global Head of People at Knotel.

Chris Lowe: VP of Business Development at Tomo. Former Senior Director, Partner Engagement at Zillow.

Press

TechCrunch (June 30, 2021): Former Zillow execs raise $70M seed round for Tomo, which wants to simplify the mortgage process

GeekWire (March 21, 2022): Tomo, a ‘PayPal for the mortgage industry’ fintech startup, lands $40M at $640M valuation

Tomo