Real estate-focused fintech firm Tomo Networks announces Stamford HQ plans

STAMFORD — Tomo Networks, a new financial-technology firm focused on the real estate industry founded by two former Zillow executives, has announced it will be headquartered in Stamford, with plans to create several-dozen local jobs.

Company executives said they see southwestern Connecticut as an ideal location for recruiting talent for a startup that aspires to be for residential real estate what PayPal is for e-commerce. Bolstering its prospects, the firm has raised $40 million in a seed round of investing.

“We think we can build an attractive proposition in Connecticut — in Stamford — and get some talent to jump on the train or live in Connecticut,” Tomo co-founder and CEO Greg Schwartz said in an interview. “We’re really excited to build a destination fin-tech internet company, with a whole bunch of innovation in Connecticut. We haven’t picked an office location yet, but we’ll probably do something in Harbor Point

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