By VC News Daily
TEMPE, AZ, Unlock Technologies today announced a significant strategic partnership with D2 Asset Management, totalling $280 million.
Unlock Technologies (Unlock), a leading fintech company transforming the homeownership experience, today announced a significant strategic partnership with D2 Asset Management (D2). The agreement includes a $30 million Series B equity investment in Unlock and a $250 million capital commitment from D2 to support Unlock’s origination growth. Also participating in the Series B were Saluda Grade, Second Century Ventures and REACH, the venture and tech growth arm of the National Association of REALTORS®.
Founded in 2020, Unlock Technologies is a financial technology company providing products and services that help consumers solve financial challenges and improve their financial health. The company’s flagship product is its home equity agreement (HEA), afinancing option for homeowners who want to access the equity they have built in their homes without taking out a loan. To date, Unlock has helped more than 10,000 homeowners in 16 states access their home equity.
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