Saluda Grade Leads Major Financing Round to Accelerate Homeward's Proptech Platform

Saluda Grade has led a substantial funding push for Homeward, the Austin-based proptech financier, announcing $120 million in equity and $330 million in asset-backed debt to fuel the company’s expanded cash-offer and bridge-financing capabilities. The funding will power enhancements to Homeward’s integrated homebuying and selling platform, speed up nationwide expansion across the 48 contiguous states, and deepen the technology that underpins its real-estate financing solutions.

Homeward’s approach centers on removing home-sale contingencies, unlocking home equity quickly, and strengthening buyers’ purchasing power to keep deals on track in a market where homes can linger on the market. Tim Heyl, founder and CEO of Homeward, emphasized that agent guidance remains foundational to successful transactions and that the investment will enable the company to serve more real estate professionals and clients with faster, more reliable financing options.

The round draws participation from Saluda Grade, Continental General Insurance Company, Citi Ventures, Magnetar, Harmony Partners, Norwest, Adams Street Partners, LiveOak Ventures, Parker89, Era Ventures, Javelin Venture Partners, and other backers. The new debt facility will be deployed to fund additional home transactions as Homeward scales. Ryan Craft, founder and CEO of Saluda Grade, noted confidence in Homeward’s market positioning and leadership, highlighting the potential of the asset-backed financing model.

Homeward’s platform stitches together Homeward Mortgage and Homeward Title with its cash-offer and bridge-financing services, delivering a cohesive experience for agents and clients from offer to closing. The company reports it has partnered with more than 25,000 agents and facilitated over $4 billion in residential real estate transactions since inception. In the market today, lenders and agents rely on Homeward’s solutions to keep listings moving, close more deals, and deliver improved client outcomes. Homeward operates nationwide and continues to focus on expanding access to its technology-driven financing solutions that help buyers make competitive offers, remove transaction barriers, and provide greater certainty throughout the real estate process.