Dallas-based Nada Holdings—a fintech company providing homeowners with solutions to unlock and manage their home equity through an integrated finance platform—has closed its $10 million Series A financing round.

The round was led by Interlock Partners with participation from returning lead seed round investor LiveOak Ventures and new investor Riverwalk Capital Partners, Nada said. This equity financing “further strengthens Nada’s institutional position” and is supported by an expanded venture debt facility with Nomura Strategic Ventures, the company added.

Nada CEO Tore Steen said the new capital round “supports our mission to unlock home equity at scale and broaden investor access to one of the largest and most untapped asset classes in the U.S.”

“We’re excited to welcome new strategic partners and double down on building a category-defining platform,” Steen added in a statement. 

Nada Founder and COO John Green said the investment “strengthens our ability to build financial products that put homeowners first,” adding that “Our mission is simple: give families more freedom and flexibility with their home equity, and the tools to make confident decisions about their financial future.”

Nada said the new capital will fuel the “rapid expansion” of the company’s Home Equity Agreement product—now available to homeowners across 14 states—while accelerating the company’s product innovation and operational scale. Combined with recent institutional asset-capital partnerships, this funding also positions Nada to issue its first securitization in 2026, the company said.

How Nada is turning home equity into an ‘investable asset class’

By combining institutional capital, regulatory infrastructure, and modern technology, Nada says it’s laying the foundation for home equity to function as “a scalable, investable asset class”—while ensuring homeowners remain the primary beneficiaries of the value they create.

The company’s flagship Home Equity Agreement (HEA) offers homeowners “a debt-free way to unlock their equity,” Nada says. The company’s offering is currently available to homeowners across 14 states, with additional markets reportedly coming soon.

Through Homeshares.co, Nada has also introduced what it calls “the first retail investment platform dedicated to the HEA asset class.”

Investor sees ‘a generational shift’

“Nada is creating the infrastructure for home equity to function as a modern, investable asset class,” Jeff Williams, managing partner at Interlock Partners, said in a statement. “We believe their approach—combining regulatory innovation, scalable product design, and direct homeowner access—positions them to lead a generational shift in how wealth is accessed and invested in the U.S. residential market.”

“We’re excited to support their mission and long-term growth,” Williams added.

You can learn more about Nada’s origin story in our 2022 article on its $8.1 million seed round and in our Last Word piece from 2023.

Don’t miss what’s next. Subscribe to Dallas Innovates.

Track Dallas-Fort Worth’s business and innovation landscape with our curated news in your inbox Tuesday-Thursday.