# FlyHomes

FlyHomes is an Asset Manager based in Seattle, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Seattle, United States
- **Region:** North America
- **Address:** Seattle, WA, United States
- **Founded:** 2016
- **Assets under management:** Undisclosed
- **Website:** flyhomes.com
- **LinkedIn:** https://www.linkedin.com/company/flyhomes

## Regulatory record

- **Reports private funds:** No

## About

Buy your next home before selling the current one – no rushed sales or double moves. Built for homebuyers, agents, and loan officers alike.

## Sectors

- Real Estate

## People

- Tushar Garg — CEO, Co-Founder
- Steve Lane — CFO, Co-Founder

## Questions

### Who runs FlyHomes and what was their background before founding the company?

Tushar Garg serves as CEO and Steve Lane as CFO; the two co-founders met in business school in 2015. They became licensed real estate agents early on to understand the home-buying process from the inside before building FlyHomes’ product suite. Before FlyHomes, Garg’s background included machine-learning roles and Lane’s experience spanned real estate and finance.

### How does FlyHomes generate revenue if it has no in-house loan officers?

FlyHomes earns income on the financing spread and fees embedded in its bridge-loan products. Because it operates a wholesale lending platform, the loan officer who brings the borrower to FlyHomes retains the client relationship, while FlyHomes collects wholesale mortgage compensation. This structure also allows it to scale without competing with the loan officers it serves.

### Is FlyHomes a real estate brokerage, a mortgage lender, or a technology company?

Legally, it is all three under a corporate umbrella. FlyHomes, Inc. holds the brokerage license and manages the technology platform, while FlyHomes Mortgage, LLC is a wholly owned subsidiary that originates and funds bridge loans. Venture investors have funded the platform as a fintech company rather than a traditional mortgage bank.

### What does 'Buy Before You Sell' actually mean for a homebuyer?

Buy Before You Sell is a suite of bridge-finance products that let homeowners purchase their next home before selling their current one. A FlyHomes Cash Offer converts a financed bid into a cash offer, Instant Equity advances home equity for the down payment, and a Guaranteed Backup Contract removes the current mortgage from the buyer’s debt-to-income calculation. The goal is to eliminate double moves and contingent-offer weakness.

### Who backs FlyHomes financially, and what does the venture capital support?

FlyHomes has raised $190 million in venture capital, with disclosed board members linked to Norwest Venture Partners, Canvas Ventures, and a16z (Andreesen Horowitz) via the TrialPay network. The capital funds product development and platform operations rather than a proprietary balance sheet for loans, which are funded through mortgage-bank partnerships.

## Related profiles

- [Gunderson Dettmer](https://altss.com/profile/gunderson-dettmer)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/flyhomes

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology