How much funding has Tomo raised?

Tomo has raised $130.0M in total funding, most recently a Series B round.

Who are Tomo's investors?

Tomo's investors include Ribbit Capital, NFX, General Catalyst, DST Global, Progressive Insurance, FJ Labs.

Where is Tomo headquartered?

Tomo is headquartered in New York, New York, United States.

What industry is Tomo in?

Tomo operates in Fintech, Lending.

Tomo

Tomo Mortgage: Home buying made happy, mortgages made simple

New York, United States · Founded 2020 · $130.0M raised

Fintech

Lending

Headquarters: New York, New York
Employees: 51–200
Founded: 2020
Business Model: B2C

Website: tomo.com
Total Funding: $130.0M
Last Round: $20.0M Series BMar 2025
Rounds: 3

About

Tomo Mortgage is a digital-first mortgage lender that offers home purchase and refinance loans with no lender fees and rates approximately 0.5% below the industry average. The platform automates much of the mortgage process, enabling a 98% on-time closing rate compared to the 40% industry average. Tomo operates in over 40 states and is headquartered in New York with offices in Detroit and Seattle.

Summary

Tomo is a Fintech company based in New York, United States, founded in 2020. It has raised $130.0M in total across 3 rounds, most recently a $20.0M Series B round in Mar 2025. Investors include Ribbit Capital, NFX and General Catalyst.