Homa, an artificial intelligence homebuying platform already available in Florida and Texas, has raised US$5 million in Seed funding. Quiet Capital led the round with participation from Restive Ventures and Cambrian Ventures. The capital will support a statewide expansion across California and the launch of mortgage lending directly inside the Homa platform.
Funding and Expansion Strategy
The funding round is backed by Quiet Capital, an early investor in OpenAI and Reddit, alongside fintech-focused Restive Ventures and Cambrian Ventures. Homa is now available statewide in California, Florida, and Texas, reaching roughly 95 million Americans. The company recorded its strongest month in September and plans to launch a mobile app later this year.
How the Platform Works
Homa operates as a licensed brokerage whose artificial intelligence is trained on state-specific law, property data, and real estate coursework. Buyers can search, tour, negotiate, close, and secure a mortgage in one place, and the company went viral earlier this year with the first AI closings in the U.S. Local specialists handle tours on the buyer's schedule for a flat fee, while in-house brokers with more than a decade of experience negotiate offers.
Commission Credits and Buyer Savings
On deals where the seller offers a buyer-broker commission of up to 3%, Homa keeps 1% and credits the remainder, typically about 2%, back to the buyer. Credits have averaged more than US$10,000 and can exceed US$40,000 on higher-priced homes. Buyers may apply the credit to a rate buydown, closing costs, or the purchase price.
Integrated Mortgage Lending
The new mortgage feature lets buyers shop for a loan inside Homa instead of being handed off to an outside lender. When the credit and loan sit in the same file, the credit can fund a rate buydown that lowers the mortgage rate by as much as 0.75%, compounding savings over the life of the loan. Integrating brokerage and lending also reduces delays from financing issues and poor coordination.
Leadership Perspective
Co-founder and CEO Arman Javaherian, a former senior director at Zillow, said the traditional process has barely changed in 40 years. He said buyers often tour on someone else's schedule, take advice from someone paid more when they spend more, and hand over tens of thousands of dollars at closing for work they largely did themselves. Javaherian added that Homa gives buyers better information, better representation, and serious money back that can boost purchasing power.
Investor Perspective
Michael Bloch, Partner at Quiet Capital, said buying a home is the biggest financial decision most people will ever make. He noted that the brokerage and lender are usually separate businesses with no incentive to coordinate well. Bloch added that Homa runs both sides, hands the customer real money back, and the California expansion coupled with the mortgage feature marks an inflection point for the company.
Homa is positioning itself as a single end-to-end platform that combines brokerage, financing, and commission rebates for homebuyers. The new California availability and in-platform mortgage lending broaden its reach across roughly 95 million Americans. With millions of dollars already returned to buyers in Texas and Florida, the company is using fresh capital to scale its model and change the economics of buying a home.