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​Governor Lamont Announces Tomo Locating Corporate Headquarters in Stamford

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​(HARTFORD, CT) – Governor Ned Lamont today announced that fintech startup company Tomo has selected Stamford, Connecticut as the home of its corporate headquarters.
Founded in October 2020 by former Zillow executives Greg Schwartz and Carey Armstrong, Tomo will operate its end-to-end digital mortgage and home-purchasing platform from its new Stamford headquarters, with additional corporate offices in Seattle and Austin. The company is officially launching today in the Seattle, Houston, and Dallas markets.
Tomo will be the first platform in the residential real estate space that is buyer-centric, using its proprietary technology to customize the home buying experience with features that include fully underwritten pre-approvals in hours, an on-time closing guarantee, and a price match for the lowest possible mortgage rates.
“Tomo could have selected any state in the country to locate their corporate headquarters, and they chose Connecticut because they recognize that we have the best educated, best trained, and most productive workforces in the world that are driving innovation, especially in the fintech industry, which has seen tremendous growth in recent years,” Governor Lamont said. “New companies like Tomo make me excited because of the innovative products they are creating. I am thrilled they have chosen Stamford as the central hub where they will be making this happen, and I look forward to seeing their continued growth here.”
“It has been a pleasure to work with Governor Lamont’s office, the Department of Economic and Community Development, and AdvanceCT as we build out our company in Stamford,” Greg Schwartz, CEO and co-founder of Tomo, said. “Innovative, growth-oriented companies like Tomo are attracted to the state by the business-friendly environment and the deep talent available here. We intend to be the destination employer of choice for those who want to change how home buying and financial services are transacted. I am proud to be in Stamford for our official launch today.”
With one of the largest seed rounds on record – $70 million – Tomo is a rapidly growing company that is expected to employ up to 100 people in Stamford by the end of the year. As the company grows, the Connecticut Department of Economic and Community Development will be supporting the expansion with “earn-as-you-grow” incentives that provide grants in arrears as job targets are reached.
“We welcome Tomo to our vibrant fintech ecosystem here in Connecticut,” Peter Denious, president and CEO of AdvanceCT, said. “Tomo is a great example of an industry disruptor, and we are thrilled they chose to establish their headquarters in Stamford. Their growth trajectory is exciting, and we look forward to supporting them in the coming months.”
“I think we are going to see many more financial technology companies like Tomo come to Connecticut in the post-pandemic era,” David Lehman, commissioner of the Connecticut Department of Economic and Community Development, said. “We have the ecosystem that can support both the tech and finance aspects of their business and we have the talent they need to help them compete in this industry. We are aggressively recruiting companies in this sector.”

Read on CT.gov
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  • Surreal ValeCity online media
  • June 28 2022 Edition
    • Elections 2022 >
      • Kelly for Alaska >
        • Tshibaka Statement Supreme Court Ruling Abortion
        • Tshibaka Blasts Gun Control Deal
        • Murkowski Embraces Gun Control Package
        • Murkowski Erode 2nd Amendment Rights
        • Tshibaka Endorsed by Harold Hamm
        • Jimmy Carter Lisa Murkowski Create Obstacles
        • Tshibaka Murkowski Gross Disregard Workers
        • Kelly Tshibaka Leaked Draft Supreme Court
    • Covid Flu Update June 12 - June 18
    • Governor Lauds Roe Reversal
    • Gov Hutchinson Weekly Address Supporting Teachers
    • Gov Lamont Minimum Wage Increase
    • Gov Lamont Update Coronavirus Response June 24
    • Gov Lamont Statement Roe v Wade
    • Gov Lamont New Credit Card Fees Waived
    • Senior Advocacy Groups Urge Tax Cuts
    • Gov Baker Protect Reproductive Health Care
    • Baker Polito Further Improvement Supply Delivery
    • Baker Polito Supreme Court Gun Ruling
    • Gov Whitmer Immediate Consideration Abortion Lawsuit
    • Gov Whitmer HOLO Footwear Headquarters Grant Rapids
    • Gov Whitmer Lower Health Care Costs
    • Gov Whitmer Fix Roads Berrien
    • Gov Whitmer Motion Right to Abortion
    • Gov Whitmer Dobbs v Jackson
    • Gov Whitmer Infrastructure Grants 2 Businesses
    • Gov Parson Increasing Kansas City Police Budget
    • Gov Parson End Elective Abortions
    • Gov Sisolak Appoints Maria Gall
    • Extreme Heat Centralizes Available Resources
    • Gov Sisolak Joins Reproductive Rights Activists
    • NCDHHS Testing National HIV Day
    • Gov Lee Statement Dobbs Ruling
    • Gov Lee Appoints Rep Joel Ferry
    • Gov Cox Statement Supreme Court Ruling
    • Gov Cox Names Rick Westmoreland
    • SeeMe Passion Grand Prize Winner
    • See Me Roots Open Call Submissions
    • Multipart Project New Work Carmen Winant
    • All Ages Invited Passport to History
    • Celtic Classic Volunteer Registration
    • Celtic Classic 35th Anniversary Entertainment
    • Passport to History Month Returns
    • The World Games 2022 on TV
    • Federations News
    • TWG CDC Dispense Negative Covid Test
    • Building Up BHM Jonathan Benjamin
    • Passport to History Month Returns July
    • Green Party Protect Reproductive Rights
    • Statement Coach Kennedy Case
    • SCOTUS Ruling Roe v Wade
    • Statement Brooke Rollins Roe v Wade
    • Statement Supreme Court Roe v Wade
  • Supporting ALL Law Enforcement
  • Thanks to the sponsors
  • Staff and Contact Information
  • Archive 2022
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    • Dining Out
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  • Archives 2021
    • Community >
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