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OwnHome is a technology company.
OwnHome has raised $37.6M across 3 funding rounds.
OwnHome has raised $37.6M in total across 3 funding rounds.
OwnHome provides low deposit home loans, enabling Australians to become homeowners sooner without the need for a large deposit. They offer a unique service that combines loans with expert homebuying assistance.
OwnHome has raised $37.6M in total across 3 funding rounds.
OwnHome's investors include AfterWork Ventures, Entr e Capital, Global Founders Capital, Possible Ventures, Toby Norton-Smith, Aviad Eyal, Inventures, Alpine Ventures, Entrée Capital Ventures, Founders Fund, Goodwater Capital, Valar Ventures.
OwnHome is an Australian technology company that provides innovative financial solutions to help individuals overcome the traditional barriers to homeownership, specifically the challenge of saving a large deposit. Their flagship product is a Deposit Boost Loan, which enables customers to secure home loans with any bank or lender they qualify for, with up to 100% loan-to-value ratio (LVR) and no lender’s mortgage insurance (LMI). OwnHome primarily serves aspiring homebuyers in Australia, offering a flexible, low-deposit path to owning a home, supported by a comprehensive service including buyer’s agent assistance. The company has demonstrated strong growth momentum, processing over $13 billion worth of loan applications within a year and earning high customer satisfaction ratings[1][2][3].
Founded in 2021 and based in Potts Point, Sydney, OwnHome was created by founders James and Tim with the mission to make homeownership accessible without requiring large upfront deposits. The idea emerged from recognizing the difficulty many Australians face in saving for a home deposit, which often prevents them from entering the property market. Early traction was significant, with rapid adoption and backing from major Australian financial institutions and venture investors such as NAB Ventures, CommBank’s X15, Square Peg, and Hostplus. This strong investor support and customer demand have fueled OwnHome’s rapid growth and market presence[1][2][4].
OwnHome rides the growing trend of fintech innovation in real estate, addressing a critical market need for affordable homeownership solutions amid rising property prices and tightening lending standards. The timing is favorable due to increasing demand for flexible, technology-enabled financial products that lower entry barriers to property ownership. By integrating technology with personalized services, OwnHome influences the broader ecosystem by challenging traditional mortgage models and promoting inclusivity in housing finance. Their model supports brokers and lenders by expanding the toolkit of financial products tailored to evolving customer needs[1][3].
Looking ahead, OwnHome is well-positioned to expand its market share in Australia’s home loan sector by continuing to innovate its product offerings and deepen partnerships with financial institutions. Trends such as digital mortgage processing, personalized financial products, and increased demand for affordable housing solutions will likely shape their journey. As the company scales, its influence could extend beyond Australia, potentially inspiring similar models internationally. OwnHome’s commitment to transparency, customer-centricity, and technology-driven solutions suggests a sustainable growth trajectory in the evolving real estate fintech landscape[2][4].
OwnHome has raised $37.6M across 3 funding rounds. Most recently, it raised $31.0M Series A in February 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 4, 2022 | $31.0M Series A | AfterWork Ventures, Entr e Capital, Global Founders Capital, Possible Ventures, Toby Norton-Smith | |
| Jul 21, 2021 | $3.6M Other Equity | AfterWork Ventures, Aviad Eyal, Global Founders Capital, Inventures | |
| Jul 1, 2021 | $3.0M Seed | Alpine Ventures, Entrée Capital Ventures, Founders Fund, Goodwater Capital, Valar Ventures |