Homeward, a real estate startup that enables homeowners to buy their next home before selling their current one or receive fast cash offers, has raised $120 million in a Series D round led by Saluda Grade. The funding will accelerate expansion of its financing solutions and technology platform even as the U.S. housing market slows.
- Homeward’s Series D round led by Saluda Grade totals $120 million
- Nationwide expansion planned for Buy Before You Sell and cash offer programs
- Startup has partnered with 25,000+ agents and facilitated $4B+ in transactions
What happened
Homeward announced a $120 million Series D funding round led by alternative investment firm Saluda Grade, with participation from several financial and venture capital partners such as Citi Ventures and Magnetar Capital. This raises Homeward’s total equity raised since inception in 2018 to $360 million. Alongside the equity raise, Homeward has secured a $330 million asset-backed debt facility to fund more home purchase and sale transactions.
The capital injection will be used to expand the company’s financing offerings and enhance its technology platform. Homeward offers a Buy Before You Sell program, which provides short-term financing allowing homeowners to purchase a new home before selling their existing one, and a Sell Before You List program, which gives cash offers to homeowners seeking faster sales. The company plans to roll out these programs nationwide by the end of the year.
Why it matters
Homeward is addressing a significant pain point in the real estate market: the difficulty homeowners face when trying to buy a new home before selling their current one, especially during a period of cooling sales and rising interest rates. By providing short-term financing and guaranteed backup offers, Homeward helps clients maintain home equity and avoid the common timing and financial challenges of buying and selling simultaneously.
The new cash offer program is designed to help sellers who want to expedite the transaction process without the uncertainty and delays typical of listing on the open market. This approach has helped Homeward to sustain rapid revenue growth even as U.S. home sales have dropped by about 30%, underscoring the market demand for more flexible home financing and selling options.
What to watch next
Watch for Homeward’s continued geographic expansion as the company aims to make its Buy Before You Sell and Sell Before You List programs available across all 48 contiguous states by year-end. Their nationwide rollout could significantly impact traditional real estate transaction models and agent partnerships.
Monitoring how Homeward adapts its offerings in response to ongoing market conditions, such as fluctuating home prices and interest rates, will be important. The startup’s ability to innovate financing solutions for homeowners amid changing housing market dynamics may become a bellwether for broader proptech trends and funding in 2026 and beyond.