# HomePace

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/homepace

- Industry: Financial Services
- Headquarters: Park City, US
- Website: https://homepace.com/
- Total disclosed funding: $8.6M
- Latest round: Series A (Apr 27, 2022)
- Investors on record: 4

## About

Based in Utah, US, and co-founded by Joe Cianciolo (CEO) and Jeboah Joerg in 2020, HomePace Inc. operates as a financial services company that partners with homeowners to venture into home equity investments. In May 2024, Easyknock, Inc., a portfolio company of Oaktree Capital Management, Blumberg Capital, Viola Group, 7BC Venture Capital, etc., acquired HomePace Inc. from Ride Ventures, Bling Capital, LenX, and NextVIew Ventures. 

The company provides homeowners with a unique alternative to traditional loans and credit, for financial flexibility. HomePace allows homeowners to tap into their home equity without taking on debt. The company provides lump-sum payments upfront, becoming a silent shareholder in the property and sharing in its future value changes upon sale. HomePace’s home equity investments help homeowners achieve various financial goals, such as home improvements, debt consolidation, new home purchases, retirement funding, and emergency expenses. The company's investment model eliminates monthly payments and interest charges, offering increased cash flow and financial flexibility.

## Funding rounds

- Series A, Apr 27, 2022, $8.6M — NextView Ventures, Ride Ventures, Bling Capital, LenX

## Investors

- NextView Ventures (https://capitalatlas.ai/funds/nextview-ventures) — Series A
- Ride Ventures — Series A
- Bling Capital (https://capitalatlas.ai/funds/bling-capital) — Series A
- LenX (https://capitalatlas.ai/funds/lenx) — Series A