Amidst Pandemic-Driven Urban Exodus, Welcome Homes Launches First Fully Digital Home Buying Experience, Bolstered by a $5.35M Seed Round

NEW YORK, Oct. 20, 2020 /PRNewswire/ — Today, Welcome Homes announces its official launch as the first fully-online home building, customization and purchasing experience of its kind, with $5.35M in seed financing led by Global Founders Capital. Welcome Homes will use the capital infusion to expand into new markets, while also bolstering its product, sales and marketing initiatives to streamline the home-buying and customization process, cutting by 50% the time it takes to build and move into a dream home, to six months.

Buying a home is considered by many Americans, about 40%, as the most stressful event in modern life with the complexity of finding the right location, managing construction companies, and all the necessary legal and financial protocols. Over the last few months this has only been exacerbated as city dwellers flee urban areas into neighboring suburbs due to the COVID-19 pandemic and its shelter-in-place orders.

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