UpEquity raises $25M in equity, debt to facilitate all-cash home offers
February 12, 2021 at 16:06 PM EST
The startup is led by co-founders Tim Herman and Louis Wilson, who got the idea while attending Harvard Business School. It helps homebuyers make all-cash offers and automates underwriting using computer vision. The company said it originated $100 million in mortgages last year and is active in Texas, Colorado, Florida and California. It went through the Y Combinator accelerator in 2019.