Homebot, a Denver, CO-based home education portal, acquired Quo Finance, a Menlo Park, CA-based mobile app that helps first time homebuyers secure their dream home and begin to build wealth.
The amount of the deal was not disclosed.
With the acquisition, Homebot will expand its offerings. Quo’s Co-founder Tucker Haas and Neel Yerneni will join the Homebot team.
Quo provides an app for first time homebuyers to get mortgage-ready by guiding its customers throughout the home buying process — starting with the task of qualifying for a loan. In December 2021, the company announced that it raised $7.2M in seed funding, led by SignalFire, to further accelerate the development and growth of the mobile app. Since launching their home buying app in June 2021, Quo’s users have amassed over $1.5Bn in home buying power and are working towards purchasing $5Bn in homes.
Led by CEO Charlie Pratt, Homebot, an ASG company, is a home education portal that keeps people connected to their home advisors (loan officers and real estate agents) to make informed decisions throughout the homeownership lifecycle. The portal delivers personalized, actionable intelligence throughout the entire homeownership lifecycle to every client and prospect.
FinSMEs
21/03/2023