Hometap Debuts at 14th Overall, Second Nationally in Fintech, in 2023 Deloitte Technology Fast 500
November 8, 2023
Latest recognition for Hometap follows a top 100 placement in 2023 Inc. 5000
BOSTON – November 8, 2023 – Hometap, the Boston-based financial technology company pioneering debt-free home equity financing, is pleased to announce its latest national ranking among the fastest-growing technology companies in the United States, placing 14th in the highly-respected Deloitte Technology Fast 500™ for North America published today.
The consultancy’s annual listing, now in its 29th year, selects recipients based on their relative growth in revenue over three fiscal years – which spanned from 2019 to 2022 for the 2023 cycle. Featuring companies across technology, media and telecommunications (TMT), life sciences, fintech, and energy segments, the program also provides a yearly snapshot of the industry’s evolution and the impact of geographic, sectoral and macroeconomic trends across public and private tech companies.
In addition to its overall Fast 500 rank, Hometap also placed second highest in New England in 2023, after Cambridge, Mass.-based biotech Moderna landed fourth overall, and second nationally among fintechs, with Deloitte noting greater diversification among categories at the top of the list.
“Each year we look forward to reviewing the progress and innovations of our Technology Fast 500 winners. This year is especially celebratory as we expand the number of winners to better represent just how many companies are developing new ideas to progress our society and the world, especially during a slow economy,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “While software and services and life sciences continue to dominate the top 10, we are encouraged to see other categories making their mark. Congratulations to all the winners who show us how creativity, hard work and perseverance can lead to success.”
The recognition follows Hometap’s debut earlier this year on the Inc. 5000, placing 66th overall on Inc.'s list covering the full universe of privately-held companies, where Hometap netted the top spot in Boston and second-highest among all real estate companies in the United States.
“It is an honor and special highlight for Hometap to receive our debut place in Deloitte’s Fast 500 in 2023. Given the challenges faced this year for both fintech and home finance — two communities we are very proud to be part of — this result confirms our commitment to building the Hometap platform the right way, to drive our mission to help homeowners, and to work hard to create a resilient, lasting company,” said Hometap Cofounder and CEO Jeffrey Glass. “We continue to believe in the power of technology and data science to reimagine home equity, to remake a vast market with novel products, and an experience that is simple, elegant, and accessible for a wide range of American homeowners.
"Much of Hometap’s intellectual property, our team talent, and the investment we make back into the company demonstrates our long-term dedication to continuously strengthening these capabilities, and we look forward to sustaining a place in the Fast 500 in years to come.”
Founded in 2017, Hometap is a Boston-based fintech company on a mission to make homeownership less stressful and more accessible. Starting with its industry-leading home equity investment product, the company has helped 8,000 homeowners across the U.S. access their home equity without having to take out a loan or sell their home. Hometap continues to expand its suite of innovative financial products and services, developing a digital platform designed to help homeowners at every stage of their homeownership journey make more informed financial decisions about their home — and take action on those decisions — with confidence, speed, and ease. Learn more at hometap.com.
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands,including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 457,000 people worldwide connect for impact at www.deloitte.com.
Tim Bourgaize Murray
Hometap Corporate Communications