Tomo, Founded by Ex-Zillow Execs, Raises $40M Series A at $640M Valuation to Speed Mortgage Approvals
Tomo, a fintech startup founded by former Zillow executives Carey Armstrong and Greg Schwartz, raised $40 million at a $640 million valuation to accelerate mortgage approvals with its digital platform. The company now covers nearly a third of the U.S. market and focuses solely on purchase mortgages to help buyers compete in a hot real estate market.
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