# Hometap Equity Partners

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hometap-equity-partners

- Industry: Financial Services
- Headquarters: Boston, US
- Website: www.hometap.com
- Total disclosed funding: $12M
- Latest round: Series A (Apr 20, 2018)
- Investors on record: 3

## About

Founded in 2017 and headquartered in Boston, US, Hometap Equity Partners, LLC specializes in home equity investments, offering homeowners financial alternatives to access their home equity. In December 2025, Hometap Equity Partners, LLC raised USD 50 million in venture funding from new investor Gallatin Point Capital. The company was co-founded by Andrew Vassallo, Charlie Vrettos, and Jeffrey Glass, who also serves as CEO. Hometap Equity Partners, LLC specializes in home equity investments, enabling homeowners to access cash without the burden of monthly payments. Homeowners can receive funding of up to USD 600,000, applicable for debt repayment, education, home repairs, or business ventures. The streamlined process ensures funds are typically disbursed within three weeks following application approval. Hometap operates in numerous states, including Arizona, California, Florida, and more, focusing on addressing financial challenges for homeowners.Hometap generates revenue through its home equity investments, allowing clients to access a portion of their home’s equity without monthly payments, with repayment occurring upon the sale of the home or through refinancing. This model promotes direct engagement with consumers, specifically targeting homeowners seeking financial flexibility, although specific pricing plans and fees are not disclosed.In January 2022, Hometap Equity Partners, LLC raised USD 245 mn in venture funding, led by Group1001, aiming to enhance access to the residential real estate asset class for investors and expand alternative financing options for homeowners. The company plans to launch new products designed to improve customer experience and is targeting expansion into additional markets throughout the US, though specific regions and timelines have yet to be disclosed.

## Funding rounds

- Series A, Apr 20, 2018, $12M — General Catalyst Partners, G20 Ventures, American Family Ventures

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A
- G20 Ventures (https://capitalatlas.ai/funds/g20-ventures) — Series A
- American Family Ventures (https://capitalatlas.ai/funds/american-family-ventures) — Series A