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Tomo is a technology company.
Tomo develops a digital mortgage platform to simplify homebuying. Its core product optimizes the mortgage process through data and automation, reducing complexity and costs for consumers. The platform additionally connects homebuyers with real estate agents, integrating financing and property search into a single offering.
Co-founded by Greg Schwartz, a former Zillow executive, the company arose from an insight into the fragmented nature of traditional homebuying. Schwartz identified an opportunity to leverage technology, creating a more efficient and user-friendly path for securing mortgages and finding suitable real estate representation.
Tomo primarily serves individuals navigating the homebuying process, particularly those desiring a streamlined route to ownership. The company’s vision is to transform this significant life event, ensuring that acquiring a new home becomes a consistently positive and efficient experience.
Tomo has raised $134.0M across 5 funding rounds.
Tomo has raised $134.0M in total across 5 funding rounds.
Tomo has raised $134.0M in total across 5 funding rounds.
Tomo's investors include Accel, Ballistic Ventures, Era Ventures, Globo Ventures, Graph Ventures, Greenoaks Capital, Kaszek Ventures, Latitud, NFX, Ribbit Capital, Marcelo Sampaio, Mauricio Feldman.
# High-Level Overview
The search results reveal multiple distinct companies operating under the "Tomo" brand name, each serving different markets. The most prominent based on available information is Tomo Technology Ltd, a technology repair and recycling company headquartered in the United Kingdom that specializes in refurbishing and reselling used technology devices within the circular economy[3][5]. The company provides repair and end-of-life solutions for smartphone insurers across Europe, offering services including stock fulfillment, repair, polishing, salvage, and custom software[5].
Additionally, there is Tomo Tech Solutions, a software engineering and data management firm with over 20 years of experience delivering custom software development, legacy modernization, and cloud-native analytics solutions[2]. A third entity, Tomo (based in San Francisco), is an e-commerce mortgage lending platform founded in 2019 with 80+ employees[4]. Finally, TOMO Technology Corporation operates as a technology products and services distributor in the Philippines, partnering with major brands to deliver scenario-based solutions[1].
Given the ambiguity, this analysis focuses on Tomo Technology Ltd, the most established and operationally detailed entity in the search results.
Tomo Technology Ltd was incorporated on November 18, 2014, and is registered as a private limited company in the United Kingdom[6]. The company traces its operational roots back even further—it has been active in mobile phone repair and recycling since 1987, though it was formally established under its current structure in 2015[3][5]. The company is owned by Grimment Investments, a recycling investment company, positioning Tomo as part of a broader group of innovative companies collaborating to deliver products and services to leading brands[3].
Tomo operates at the intersection of two significant trends: the circular economy movement and extended producer responsibility (EPR). As consumer electronics consumption accelerates globally, regulatory pressure and environmental concerns are driving demand for responsible end-of-life device management. Tomo's positioning as a repair and refurbishment specialist aligns with this shift away from linear "take-make-dispose" models toward sustainable reuse.
The company's focus on smartphone insurance partnerships is particularly strategic, as insurers face mounting pressure to demonstrate environmental stewardship while managing claims efficiently. By providing turnkey repair and recycling solutions, Tomo reduces insurers' operational complexity and supports their sustainability narratives.
Tomo Technology Ltd represents a mature, specialized player in the technology refurbishment and recycling sector. With fewer than 25 employees and sub-$5 million in revenue[5], the company operates as a niche service provider rather than a high-growth venture. Its future trajectory will likely depend on whether regulatory tailwinds around e-waste management and circular economy mandates accelerate demand for its services, and whether it can expand beyond its core insurance partnerships into adjacent markets like corporate device lifecycle management or consumer resale channels.
The broader "Tomo" ecosystem—spanning software engineering, e-commerce, and distribution—suggests the name has become a portfolio brand rather than a unified entity, each serving distinct market needs.
Tomo has raised $134.0M across 5 funding rounds. Most recently, it raised $20.0M Series B in March 2025.