In a housing market where most buyers feel like they’re bringing a spork to a sword fight, Flyhomes just showed up with a $15 million Series D round and a trunk full of financial heavy artillery. The Seattle-based team has been playing chess while the rest of the industry is still arguing over the rules of checkers.
Founded in 2015 by Tushar Garg and Stephen Lane, Flyhomes started as a direct-to-consumer real estate brokerage born from their own frustrations with the grind of buying and selling homes. Fast forward to today and the company has executed one of the cleanest strategic pivots in recent proptech memory, shifting to a wholesale lending platform built for “Buy Before You Sell” financing. That’s not just a product name. It’s a lifeline for homeowners stuck in the purgatory of needing to sell before they can buy.
Tushar Garg, a technologist with IIT Guwahati, University of Minnesota, and Kellogg credentials, knows his way around both machine learning models and market cycles. He and his team didn’t just survive the pivot, they sold off their consumer-facing AI-powered home search platform to The Real Brokerage, freeing them to double down on wholesale lending. That means working with over 30,000 loan officers across 40 states and fueling over $2.2 billion in funded loans. This isn’t tinkering at the edges. This is scaling a financial engine.
Backing them are repeat believers: Andreessen Horowitz, Norwest Venture Partners, Canvas Ventures, Camber Creek, Mark Vadon, and Al Goldstein. These aren’t casual checks, these are investors who’ve seen Flyhomes navigate the turbulence of real estate cycles and still come out generating momentum.
The products are engineered for leverage, and not just in the financial sense. “Buy Before You Sell” with a guaranteed backup contract pulls mortgage debt-to-income ratios back into buyer-friendly territory. “Instant Equity” gives homeowners access to their capital before they’ve even packed a box. And the Flyhomes Cash Offer still lets buyers walk into a negotiation like they’re holding the winning lottery ticket.
Ryan Dibble is steering operations, Dan Richards is running mortgage like a seasoned pit boss, and Adam Hopson is pushing strategy and market awareness hard. They’ve got a $200 million warehouse lending facility capable of over $1 billion in annual originations, a war chest that makes national scaling more inevitability than aspiration.
The real story here isn’t just a funding round. It’s a company proving that in real estate, timing is currency, leverage is power, and execution is everything. Flyhomes just raised the stakes. The market’s about to find out who’s playing for keeps.
