Austin, Texas-based proptech startup Homa has raised $5 million in Seed funding to expand its AI-powered homebuying platform and mortgage services across the United States.
The round was led by Quiet Capital, with participation from Restive Ventures and Cambrian Ventures.
Homa is currently available in California, Texas and Florida, giving buyers access to property search, analysis, tours, negotiations, financing and closing services through a single platform.
Combining AI With Licensed Real Estate Services
Co-founded by CEO Arman Javaherian, a former Senior Director at Zillow, and CTO Federico Campeotto, a computer scientist specialising in artificial intelligence, Homa operates as a licensed real estate brokerage.
Its platform uses AI trained on state-specific real estate laws, property data and industry coursework to help buyers evaluate properties before making an offer.
The technology provides pricing comparisons, property disclosures, risk assessments and estimates of buyers’ negotiating power.
While AI supports the research and analysis process, licensed real estate professionals handle property tours, offers and negotiations.
Homa employs experienced in-house brokers in each state where it operates, combining automated property analysis with human representation during transactions.
The company’s business model also differs from traditional buyer-agent commissions.
When a seller offers a buyer-broker commission of up to 3%, Homa retains 1% and credits the remaining amount, typically around 2% of the purchase price, back to the buyer at closing.
According to the company, these credits have averaged more than $10,000 per transaction and exceeded $40,000 on higher-priced properties.
Buyers can apply the credit toward closing costs, the purchase price or a mortgage rate reduction.
Expanding Mortgage Services and California Operations
Alongside the funding announcement, Homa has introduced mortgage lending capabilities within its platform, allowing buyers to explore financing options without being redirected to an external lender.
By integrating brokerage and financing services, the company aims to reduce delays between property negotiations, mortgage approval and closing.
According to Homa, combining mortgage financing with its commission-credit model can help eligible buyers reduce their mortgage interest rates by as much as 0.75 percentage points.
The company began operating in Florida in 2025, expanded to Texas in June 2026 and introduced its services in California in September.
Homa says it has already returned millions of dollars to homebuyers in Florida and Texas.
The new financing will support further expansion across California and the development of a mobile application planned for later in 2026.
“California buyers do their own research, and they are not looking for someone to unlock a door and mark it up by 3%,” Javaherian added. “What they actually need is real MLS access, a licensed broker who negotiates for a living, financing that is part of the offer strategy rather than an afterthought, and a credit large enough to increase their purchasing power.”