For so many, buying a house means taking out a mortgage from a bank, then paying inflexible and expensive monthly payments, that include often high interest rates to lenders. The entire process of homeownership — from deciding to buy, to owning, and to eventually selling — is confusing and full of jargon. These are some of the pain points that led us to start building Haus in 2016, as an open and fair platform for buying and selling a home. Today, Haus is led by CEO Jonathan McNulty, and the company has moved into creating a powerful platform that completely disrupts the typical real estate model.
An entirely new way to own a home, Haus invests in a portion of the property, alongside the owner. In exchange, homeowners get instant access to their equity and discounted monthly payments. The process with Haus is smooth and transparent, with a customized dashboard where homeowners can track their property value, buy more equity at any time, or cash out, with funds delivered in days.
We are now excited that Haus has recently closed a $15.75M Series A, with funding led by BlueRun Ventures, with Expa and other investors participating. This couldn't have come at a better time. With so many people in the United States struggling with the economic uncertainty and repercussions of COVID-19, our hope is that with Haus, owning a home will be easier to navigate with lower and more flexible payments than a traditional mortgage. The new round will enable Haus to partner with even more homeowners throughout California, Washington, and Oregon.