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Home Bay Technologies

3611 Valley Centre Dr Ste 175, San Diego, CA, 92130, United States

Overview

Home Bay is a San Diego-based full-service digital real estate company that provides consumers with a platform to buy and sell homes using data-driven intelligence, complete transparency and an on-demand customer experience. The platform expedites transactions with systems designed to save consumers and real estate agents time and money. From within its system, the company has integrated escrow, mortgage and title services and plans to integrate other service providers. The service is currently operational in six states. The company intends to use new funding to enhance its technology platform and expand into additional states. Ken Potashner is chairman and CEO. Home Bay deploys a software platform to buy and sell homes designed to help consumers save on commissions while delivering an enhanced service experience. Led by co-founder and CEO Tom Owen, the company has transacted $250M in home sales to date. Those transactions have saved customers $5M in real estate commission fees across roughly 500 home sellers. The startup is using technology to streamline home transactions and reduce costs for sellers. Following its recent raise, Home Bay plans to accelerate its California-wide presence and to initiate the launch of its technology in Florida. The company is headquartered in San Diego, California.

Total raised
$19M
Funding rounds
2
Latest round
Series A
Latest activity
Jan 2019

Industries

  • Home Improvement
  • Internet
  • Real Estate
  • Residential
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Recent funding

  1. Series A

    Jan 2019

    $14M

  2. Equity

    Jun 2017

    $5M

Team