Shared 20 February, 2026
Ownwell, an AI-powered startup that appeals property taxes on behalf of homeowners, has secured $50 million in financing.
With the latest Series B raise, Austin-based Ownwell says it has now raised $54 million in total equity funding since its 2020 inception. Alpha Edison and Mercato Partners co-led its latest round, which included participation from Intuit Ventures, Left Lane Capital, First Round Capital, Long Journey Ventures, Proof Fund and Wonder Ventures. Western Alliance Bank provided the $20 million in debt financing.
CEO Colton Pace said he and CTO Joseph Noor started Ownwell to “democratize access to the tools and resources real estate experts use to build wealth and financial freedom.”
Over the years, Ownwell has expanded its offerings to include helping people obtain property exemptions, compare insurance providers, and explore refinancing options. The company is also integrated with Realtor.com, and has partnerships with Valon Technologies and Amplify Credit Union. Ownwell gets commissions from carriers or lenders that it refers homeowners to, similar to Credit Karma’s model, Pace said.
Ownwell currently operates with local tax consultants in about a dozen states: Texas, New York, Florida, California, Illinois, Georgia, Washington, Maryland, Colorado, Arizona, Pennsylvania and Michigan. Part of the newly raised capital will go toward expanding to other markets, and “going deeper” into existing markets.
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*Offer ends on Friday, 7th February.
