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UpEquity raises $25M in equity, debt to facilitate all-cash home offers

The startup is led by co-founders Tim Herman and Louis Wilson, who got the idea while attending Harvard Business School. It helps homebuyers make all-cash offers and automates underwriting using computer vision. The company said it originated $100 million in mortgages last year and is active in Texas, Colorado, Florida and California. It went through the Y Combinator accelerator in 2019.
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