Homeward, a startup that enables homeowners to buy new homes before selling their existing properties or receive cash offers, has raised $120 million in a Series D funding round, according to news.crunchbase.com. The round was led by Saluda Grade, an alternative investment firm specializing in asset-backed credit, with participation from Continental General Insurance Co., Citi Ventures, Magnetar Capital, Norwest, and LiveOak Ventures. This brings Homeward’s total equity raised to $360 million since its 2018 founding.
The company declined to disclose the valuation for the latest round but indicated it was similar to the valuation during its $136 million Series C raise in 2021, which was reported to be just over $800 million. Alongside this equity funding, Homeward secured a $330 million asset-backed debt facility to support more home transactions. The new capital will be used to expand Homeward’s financing products and invest further in its technology platform, according to news.crunchbase.com.
Homeward’s funding comes amid a broader increase in investment in the proptech sector this year. Global real estate-related startups have attracted approximately $12.7 billion in seed to growth-stage funding in 2026, putting the year on track to surpass 2025’s total of $12.3 billion, per Crunchbase data. Despite this uptick, the sector’s funding remains below peak years such as 2019 and 2021, which saw significantly higher investment volumes.
Homeward’s Series D round and debt facility position it to accelerate its offerings in a housing market that has recently slowed. The company has raised $360 million in equity since inception and secured $330 million in debt financing, enabling it to facilitate more home purchases and sales through its platform, news.crunchbase.com reports.