San Francisco-based intellectual property company HomeLight has secured $46 million in debt financing, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced Nov. 5 and led by Zeev Ventures.
According to its Crunchbase profile, "HomeLight helps people on making smart decisions in buying or selling their home. The company's vision is a world where every real estate transaction is simple, certain and satisfying. It develops software and offers services to home buyers, sellers and real estate agents including HomeLight Agent Matching, the investor matching platform Simple Sale, consumer financial and lending products through HomeLight Home Loans, and transactional tools through HomeLight Agent Services."
The seven-year-old company has raised six previous funding rounds, including a $40 million Series B round in 2017.
The round brings total funding raised by San Francisco companies in real estate over the past month to $182 million. The local real estate industry has seen 97 funding rounds over the past year, yielding a total of $1.8 billion in venture funding.
In other local funding news, sales company Senreve announced a $16 million Series A funding round on Nov. 5, financed by Norwest Venture Partners.
According to Crunchbase, "Senreve is a luxury handbag company for the multifaceted modern woman. With Senreve, women are now free to go about their day with ease, empowered to better live their busy, modern lifestyles. From phone and wallet to laptop and lipstick — finally, a beautiful bag that knows how to multitask."
The company also raised a seed round in 2018.
Meanwhile, risk management and credit cards company CreditStacks raised $10 million in Series A funding, announced on Nov. 8. The round's investors were led by Strathmore Group.
From the company's Crunchbase profile: "CreditStacks is a financial service company that offers a credit card for relocating professionals. Its product, The CreditStacks Credit Card, flips the script on the credit paradox. High credit line with great terms from day one, even without U.S. credit history or SSN."
CreditStacks last raised $4 million in seed funding in 2018.
Also of note, cryptocurrency company CoinList raised $10 million in funding, announced on Oct. 30 and financed by Jack Dorsey.
From Crunchbase: "CoinList provides a platform for digital asset companies to run their token sales. Its customers are at the center of the digital asset and blockchain ecosystem, including Protocol Lab and Blockstack."
The company previously raised $9.2 million in Series A funding in 2018.
Rounding out the city's recent top local funding events, employment company Cultivate raised $8 million in Series A funding, announced on Nov. 6 and led by Trinity Ventures.
From Crunchbase: "Cultivate was founded with the following goal in mind: to help people build better relationships with digital communication. Their mission is to help companies leverage their digital communication data to extract important organizational learning and unleash leadership potential."
The company previously raised $2 million in seed funding in 2018.
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