A Cincinnati startup that caters to first-time homebuyers has landed a new capital.
Over-the-Rhine-based Homebuyer has raised $1.4 million in seed funding from private investors, including BetterLife Group, Techstars and Saturn Five, the company announced in a release.
Homebuyer's platform nurtures first-time homebuyers with targeted information, newsletters and articles to help them navigate the overwhelming homebuying process. Then, when they’re ready to make a move, Homebuyer is there to help with a digital mortgage.
"There are 2.5 million first-time homebuyers every year in the United States," Dan Green, Homebuyer's CEO and founder, said in a statement. "Homebuyer is how they learn about mortgages, get low direct-to-consumer mortgage rates, and affordably achieve their American Dream of homeownership."
Earlier this year, the one-year-old startup earned a spot in Techstars Austin’s 12-week business accelerator program. And in April, Green told Cincy Inno his goal was to expand the firm's services from Ohio into additional states every quarter.
