AUSTIN, Texas--(BUSINESS WIRE)--Homeward today announced it was named the 2019 Inman Innovator Company of the Year for its real estate platform that redesigns the homebuying process. The 2019 Inman Innovator Awards highlight the organizations and individuals reshaping the real estate industry and are announced at the Inman Connect conference, a leading residential real estate event.
Homeward was recognized as a leading company whose innovative business model is revolutionizing the real estate process. The Homeward Way gives existing homeowners the competitive cash offer they need to secure their next home, while guaranteeing the sale of their existing property.
"We are excited to have been recognized by Inman as a company that is not only reimagining the real estate industry, but providing a new way for homeowners to buy and sell houses," said Tim Heyl, founder and CEO at Homeward.
This prestigious award comes on the heels of the Austin-based startup’s $25 million in equity and debt funding, including $4M of equity funding led by LiveOak Venture Partners and $21M of debt funding from Genesis Capital and Keystone Bank. The funds will be used to scale Homeward’s initial product offering and improve its customer experience across the board.
Homeward has a growing market share in Texas, Georgia and Colorado with plans to continue expanding throughout the U.S.
"The current process of homebuying is backwards and we plan to fundamentally transform the traditional buying market to make the experience easier and more convenient for the homebuyer,” said Heyl.
To view the full list of finalists and winners, visit: 2019 Inman Innovator Award winners.
Real estate professionals from around the world turn to Inman first for accurate, innovative and timely information about the industry. Known for its award-winning journalism, cutting-edge technology coverage, in-depth educational opportunities, and forward-thinking events, Inman is the industry’s leading source of real estate information. For more information, visit inman.com.
Homeward lets customers relax, and buy before they sell. Customers buy the home they want using an all-cash offer, and then sell their current property at full market value. Founded in 2018 and backed by LiveOak Venture Partners, Homeward is expanding rapidly in Texas, Georgia and Colorado. For more information, please visit Homeward.com.