Tomo Networks, a Stamford, Conn.-based digital mortgage and transaction company, raised $40m in seed funding.
The round was led by Ribbit Capital, NFX and Zigg Capital with participation from Alex Sacerdote, Kurt Mobley & Eli Weinberg, Spencer Rascoff, and Ted Ackerley.
The company intends to use the funds to expand operations and its business reach.
Created by Greg Schwartz and Carey Armstrong and in October 2020, Tomo Networks is a fintech startup that aims to improve the homebuying experience via an approach that is human-driven and technology-enabled.
FinSMEs
29/10/2020