As one of Hometap’s co-founders and its current vice president of capital, Andrew Vassallo has worked not only to identify potential investors but to garner their support to further the company’s mission of making homeownership less stressful and more accessible. Vassallo has been the driving force behind the launch of three institutional asset funds at Hometap since helping start the company in 2017. He secured hundreds of millions of dollars in capital commitments to make home equity investments in homes across the U.S. and bring the lucrative and emerging residential real estate asset class to investors.
In the past year alone, Vassallo directly contributed to helping Hometap secure $60 million in operating capital from new and existing investors. He was also critical in the commitment of $245 million from Bain Capital and Group 1001’s Delaware Life Insurance Company as part of the company’s third institutional asset fund in January 2022.
Name:
Andrew Vassallo
Title:
Vice President of Capital
Company Name:
Hometap
