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Ex-Zillow Execs Raise $40M for Mortgage Startup Tomo

Former Zillow Group executives Greg Schwartz and Carey Armstrong have secured $40 million in seed funding for their newly revealed digital mortgage company, Tomo Networks. So reports GeekWire.

The months-old startup is tight-lipped about how it will make money but has debuted with a mortgage platform for realtors and home buyers alike.

“Tomo will give us what we want and deserve: the efficiency of a tech-enabled real estate transaction and the intimacy of having a team of elite professionals on our side," Schwartz said, according to a press release.

Read the full article from GeekWire.

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