Hometap Nominated for Hottest Tech Startup at 2020 NEVY Awards

BOSTON – November 13, 2020 – Today, Hometap has announced that it has been shortlisted for the Hottest Tech Startup category in the 2020 NEVY Awards, hosted by the New England Venture Capital Association (NEVCA) and presented by Dell Technologies. The NEVYs, now in their eighth year, celebrate New England’s top innovators, investors and companies across the region’s health care, life science, tech, medtech, and cleantech communities. Final winners will be unveiled via a dynamic live broadcast on December 1, 2020, at 6:30pm.

“The NEVYs were born out of a desire to shine a spotlight on the amazing companies and breakthroughs happening in New England, with each year seeming like the nominees are even more impressive than the last,” said Jody Rose, President of the NEVCA. “That’s certainly no exception with our nominated companies for 2020, whose achievements in their respective fields are truly outstanding. We look forward to showcasing each of them at our December 1st event and celebrating the continued strength and vitality of this region’s innovation ecosystem.”

With a focus on the regional business community, nominees – selected by the NEVYs Academy, comprised of investors from the region’s top venture capital firms – are both locally headquartered and locally backed. The Hottest Tech Startup nomination goes to companies exemplifying New England’s leading place in the industry.

Hometap allows homeowners to access a portion of their home’s equity, in exchange for a share in the future value of the home, without loans, monthly payments, or interest. This year, the startup completely transformed several parts of the investment process from in-person to digital in the face of the COVID-19 pandemic and expanded operations into six new U.S. states for a total of 12.

“This NEVY nomination for Hottest Tech Startup is a fantastic way to cap off an exciting period of growth and expansion for us,” said Hometap CEO Jeffrey Glass. “Our mission to make homeownership less stressful and more accessible has never felt more important than it does right now, and our committed team is proud to be able to help our homeowners through such an uncertain time. It’s fitting that the theme for this year’s NEVY Awards is ‘There’s No Place Like Home,’ because making people feel comfortable where they live is at the heart of everything we do.”

For more information on Hometap, please visit www.hometap.com. To learn more about the New England Venture Capital Association, check out their website at www.newenglandvc.org.

Joining Dell Technologies in supporting the 8th Annual NEVY Awards are sponsors IDA Ireland, Alexandria, Matter, Deloitte, Abbvie, Johnson & Johnson Innovation, MassDevelopment, JP Morgan, V2 Communications, and Enel.

To join the fun, and cheer on our organization’s nomination you can purchase tickets at thenevys.com.

###

About Hometap

Hometap is a smart new loan alternative for tapping into home equity without taking on debt. Homeowners receive debt-free cash by selling a percentage of the equity in their homes to Hometap. They can use the cash for anything, from paying off credit-card debt to starting a business to buying a second home. When the home sells or the homeowner settles the investment, Hometap is paid out an agreed-upon percentage of the sale price or current appraised value. Learn more at https://www.hometap.com/.

About the New England Venture Capital Association

The New England Venture Capital Association (NEVCA) invests in the entrepreneurial ecosystem on behalf of the VC community through program-building, policy work, marketing and events. From celebrations (the NEVY Awards) to content series (VC Briefings and Syndicate Sessions), workforce development programs (TechGen and Hack.Diversity) to advocacy and legislation (equity and inclusion initiatives and immigration reform), the NEVCA is at once a network, catalyst, and resource for the innovation economy.

Follow @NewEnglandVC on Twitter, or check out www.newenglandvc.org