Hometap launches new equity solution after $50m funding

December 9, 2025

Hometap, the Boston-based FinTech firm pioneering alternative home equity financing solutions, has secured $50m in new capital from affiliates of Gallatin Point Capital.

The company said the fresh funding will support the expansion of its flexible home equity solutions, designed to offer homeowners innovative alternatives that do not add to their monthly financial burdens.

Founded in 2017, Hometap specialises in helping homeowners unlock the value of their property without taking on debt or committing to monthly repayments. The business aims to make homeownership less stressful by providing transparent, accessible financial tools tailored to the real pressures faced by households.

Hometap’s core home equity investment (HEI) product gives homeowners access to cash today in exchange for a share of their home’s future value. This provides a simplified method of tapping into home equity while avoiding the traditional path of loans or increased monthly liabilities. The HEI model is the bedrock of the company’s wider ambition to build a full suite of homeowner-focused solutions that offer flexibility and financial confidence throughout the homeownership journey.

The company’s product ecosystem expanded in 2022 with the launch of the Home Equity Dashboard, a digital platform that helps homeowners understand their equity position and make informed decisions at every stage of their homeownership lifecycle.

Hometap’s new funding follows a period of strong operational performance. The company has deployed over $2.3bn in home equity investments since launch, supporting more than 22,000 homeowners in strengthening their financial futures.

Hometap CEO Jeffrey Glass said, “As the cost of homeownership rises, families need practical, flexible ways to access the value in their homes.

“This financing allows us to further invest in the tools, technology, and education that help homeowners make confident financial decisions. It also reinforces our commitment to broadening home financing options that are aligned with the realities homeowners face today.”

Gallatin Point Capital managing partner and co-founder Matthew Botein said, “Today’s homeowners face not only the challenge of buying a home, but also the ongoing costs of maintaining it and navigating uncertain economic conditions.

“This investment reinforces Hometap’s leadership in delivering alternative home equity solutions and will help the company reach more people with innovative options that make homeownership more sustainable.”