Homa raises $5M to expand across California, add mortgage lending

Homebuying platform Homa has raised $5 million in seed funding to expand across California, add mortgage lending and support the launch of a mobile app later this year. The funding round, announced Thursday, was led by Quiet Capital, an early investor in OpenAI and Reddit, with participation from Restive Ventures and Cambrian Ventures. Buyers can use the platform to search, tour, negotiate, close and get a mortgage, with a promise of receiving up to 2% of the purchase price back at closing. The company has been live in Florida since 2025, expanded to Texas in June and soft-launched in California on Sept. 1. Homa is led by co-founder and CEO Arman Javaherian, a former senior director at Zillow. The company was also co-founded by Federico Campeotto, a computer scientist with a Ph.D. in artificial intelligence. “You tour on someone else’s schedule, you take advice from someone paid more when you spend more, and you hand over tens of thousands of dollars at the closing table for work you largely did yourself,” Javaherian said in a statement. “We built Homa so buyers get better information, better representation, and serious money back that can dramatically reduce the lifetime cost of a...