Tomo Raises $40M Series A, Hits $640M Valuation

HousingWire, Mar. 21, 2022–Joe Burns
The fundraise more than doubles Tomo’s valuation to $640 million. It included participation from existing investors Ribbit Capital, NFX and Zigg Capital. New investors Telesoft Partners and proptech VC Parker89 also participated in the round, which brings Tomo’s total funding raised to date to $110 million. The company recently raised a $70 million seed round in June 2021.
https://www.housingwire.com/articles/tomo-raises-40m-series-a-hits-640m-valuation/