Hometap Equity Partners, LLC

https://www.hometap.com/

Hometap is a Boston-based financial technology company founded in 2017 with a mission to make homeownership less stressful and more accessible. Headquartered in Boston, MA, the company provides an alternative financing solution through its home equity investment (HEI) product.

Hometap's core offering allows homeowners to access cash in exchange for a share of their home's future value, without incurring monthly payments or taking on additional debt. This capital can be utilized for various financial needs, including debt consolidation, home renovations, or other significant expenses. The company also offers a digital platform, the Home Equity Dashboard, designed to help homeowners understand and manage their home equity.

Jeffrey Glass serves as the co-founder and CEO of Hometap. As of June 2026, Hometap had deployed home equity investments to over 26,000 homeowners across the U.S. In December 2025, the company secured $50 million in funding led by Gallatin Point Capital. Hometap expanded its HEI product to five new states in June 2026, making its services available in states representing over half of U.S. homeowners. However, Hometap has faced legal challenges; in February 2025, the Massachusetts Attorney General filed a lawsuit alleging violations of consumer protection and mortgage laws, claiming the HEI product functions as an unlawful reverse mortgage. Additionally, multiple customer lawsuits emerged in July 2026, alleging violations of the Truth in Lending Act (TILA).

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CID: 9749