Venture Capital

How Startup Tomo Networks Went From Seed-stage To Growth In One Round

by posted 7months ago 39 views
Summary List Placement Tech investors are lobbing money at Tomo Networks, a six-month-old tech startup that aims to take the paperwork drudgery out of buying a home. It's helmed by a 13-year Zillow executive, Greg Schwartz, who's never raised venture capital before. Schwartz, cofounder and CEO of Tomo Networks, went on a four-month fundraising marathon to raise an initial seed round for his company. Seed rounds are typically under $5 million, according to Crunchbase, but Schwartz and his cofounder Carey Schwaber Armstrong, also a Zillow alum, were aiming to raise $40 million.

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