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  • Home Bay Technologies Inc. Successfully Completes $5M Funding

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Home›Industry news›Home Bay Technologies Inc. Successfully Completes $5M Funding

Home Bay Technologies Inc. Successfully Completes $5M Funding

By John Fink
June 27, 2017
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Technology platform enables automated end-to-end real estate transactions

Home Bay Technologies Inc., a technology-driven real estate start-up, successfully completed $5M in financing. The company deploys a sophisticated software platform to buy and sell homes resulting in significant savings for consumers and an enhanced service experience. Investors include Foundation Capital of Silicon Valley, Serra Ventures and the lead investor, E15VC, a global VC fund.

Home Bay has transacted $250M in home sales saving customers $5M in real estate commission fees among 500 home sellers in its initial deployment. The funds raised will be used to accelerate a California-wide presence and to initiate the launch of the technology in Florida.  “We believe that our disruptive technology will define the future of how real estate transactions occur,” said Tom Owen, Co-founder and CEO at Home Bay.

About Home Bay Technologies Inc.

Home Bay Technologies Inc., San Diego based company, provides consumers a smarter way to buy and sell homes with data-driven intelligence, complete transparency and an on-demand customer experience. Home Bay’s sophisticated technology platform expedites the transaction with efficient, seamless systems that save consumers and real estate agents time and money. For more information, visit HomeBay.com

For the original version on PRWeb visit: http://www.prweb.com/releases/Homebay/Homesforsalebyowner/prweb14448519.htm

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JF Realty Network is based out of Brentwood (Contra Costa County) and is focused on real estate news and information within the San Francisco Bay Area region. Our goal is to provide information to both real estate professionals and home buyers and sellers. This sites content consists of news, commentary and analysis by local real estate professionals who work within the industry. They are real world professionals who deliver news and opinions through their own experience working within real estate everyday.

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