Tomi

What Tomi does

Tomi (legal entity Tomi Homes, Inc.) is a Minneapolis-based, privately held company that operates an AI-powered co-ownership concierge platform targeting unmarried co-buyers in the United States. The platform guides prospective co-owners through a five-stage workflow (Design, Align, Formalize, Close, Create), providing self-serve tools for readiness assessment, group vision alignment, financial modeling, and AI-assisted drafting of Tenancy in Common (TIC) agreements. Tomi also facilitates introductions to third-party real estate agents, lenders, attorneys, and insurance providers who specialize in co-buyer arrangements; these professionals operate independently and are not Tomi employees.

The core technology stack centers on the Homi AI assistant, an AI-powered shared home concierge designed to manage ongoing co-owner communication, expense splitting, scheduling, buyout and exit modeling, and document search post-purchase, alongside an AI-guided TIC Builder trained on what the company describes as thousands of real TIC contracts and legal precedents. Additional products include the Co-Ownership Calculator (budget-first and home-first financial modeling), the Readiness Assessment (interactive diagnostic across motivation, people, and finances dimensions), and the Vision Plan (group alignment tool). The architecture is web-based and consumer-facing, with no disclosed mobile app, no public API or SDK, and no proprietary large language models identified; AI capabilities appear to leverage generative AI, natural language processing, and process automation layered onto commodity foundation models.

Tomi's revenue model is transaction-based and deferred: there is no upfront fee, no monthly subscription, and no per-document charge. The company instead takes a 1% equity stake in the co-owned home, realized only when the property is sold. This aligns Tomi's economics with long-term home value appreciation but defers all revenue recognition until an exit event. The company monetizes a consumer base it sizes at approximately 1.7 million Americans who buy homes with family or friends annually, with affordability-constrained millennials and Gen Z buyers, multi-generational family co-owners, and unmarried partners as the primary personas. Go-to-market is product-led growth via free digital tools, supported by earned media placements in outlets such as CNBC Make It and third-party validation from executives at Redfin, Zillow, and Opendoor.

Name

Tomi

Legal name

Tomi Homes, Inc.

Website

https://livetomi.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Tomi is an AI-powered co-ownership platform that helps unmarried individuals in the US buy and manage shared homes together. It offers a TIC agreement builder, financial calculator, and Homi AI concierge, monetizing via a 1% equity stake realized at sale.

Ownership category

akta.pro rank

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Transaction-based equity stake: Tomi takes a 1% stake in the co-owned home, realized only when the property is sold. No upfront fees, no monthly charges. The company's incentives are aligned with the co-owners' long-term success, as Tomi only profits when the home grows in value and is sold.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Tomi provides an AI-powered co-ownership concierge platform that helps unmarried individuals buy, finance, and manage homes together. Core offerings include a free AI-guided Tenancy in Common (TIC) Agreement Builder, a Co-Ownership Calculator for modeling ownership splits and exit scenarios, a Readiness Assessment, a Vision Plan alignment tool, and the Homi AI assistant for ongoing shared home management. Tomi charges $0 upfront and takes a 1% stake in the co-owned home, realized only when the property is sold.

Product overview

Tomi is a single integrated platform for co-buying homes with someone you are not married to. The core offering consists of the Tomi Platform (AI-powered co-ownership guidance), the TIC Builder (AI-assisted legal agreement drafting), the Co-Ownership Calculator (financial modeling for ownership splits and equity tracking), the Readiness Assessment (readiness evaluation), and the Vision Plan (group alignment tool). These are unified by Homi, an AI concierge assistant that serves as the ongoing shared home management layer for co-owners post-close. The company charges $0 upfront and takes a 1% stake realized only when the home is sold.

Differentiator

Problem solved

Functional benefit

Products and services

• Tomi Platform AI-powered co-ownership platform guiding unmarried individuals through the complete co-buying journey, from design and alignment with co-buyers to legal agreement drafting and ongoing shared home management.
• TIC Builder AI-guided Tenancy in Common agreement builder that walks co-buyers through hard conversations, captures decisions, flags disagreements, and generates plain-English Co-Ownership Agreements for free.
• Co-Ownership Calculator Financial modeling tool that enables users to model ownership splits, equity tracking, future returns, and exit scenarios for co-owned properties, supporting Budget-First and Home-First approaches.
• Co-Ownership Readiness Assessment Interactive assessment tool that evaluates readiness across motivation, people, and finances dimensions to help prospective co-buyers understand their preparedness for shared homeownership.
• Vision Plan Alignment tool that helps co-owner groups share their vision, understand each other's priorities, and find common ground on shared home goals before formalizing agreements.
• Homi AI Assistant AI-powered shared home concierge and assistant that helps co-owners manage tasks, search documents, answer questions, track expenses, split bills automatically, generate quarterly reports, coordinate calendars and bookings, and model buyouts, exits, and ownership changes.

Quantifiable outcome

• Buying power increases 2-4x when co-buying with a partner
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature3 records

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Bilt Rewards: Bilt Rewards is a rent payments and housing-linked loyalty platform that has expanded into home ownership financing and is adjacent to Tomi's affordability-constrained buyer segment. Overlap is in first-time buyer financing rather than TIC structuring.
• The Mod: The Mod operates a co-ownership platform focused on shared homeownership between unrelated individuals, providing matching, financing, and ongoing management. Closest behavioral peer to Tomi's unmarried co-buyer thesis.
• CoBuy: CoBuy is an early-stage platform that helps friends and family pool resources to buy a home together, including co-ownership agreement templates and group decision tools. Directly comparable target customer and use case, though smaller scale than Tomi.

Broad incumbents

• Redfin: Redfin is a tech-enabled brokerage and mortgage lender serving the same first-time home buyer segment. Its Chief Economist publicly endorses affordability-driven co-buying, positioning Redfin as an obvious distributor — or competitor — for Tomi's funnel.
• Opendoor: Opendoor is an iBuyer that buys and sells homes directly, with a VP of Operations who endorses co-ownership on Tomi's site. While its core model is direct purchase, it has the balance sheet and data to extend into co-buying infrastructure.
• Zillow: Zillow is the largest US residential real estate platform with a mortgage arm and home trends research. Its Home Trends Expert publicly endorses the co-buying trend Tomi targets, making it both a potential partner and the most threatening broad incumbent.

Direct peers

• Pacaso: Pacaso enables multiple buyers to co-own a luxury second home through fractional shares and a managed LLC structure. Like Tomi, it takes an equity-aligned stake in the property rather than charging a flat fee, making its revenue model directly comparable.
• Roam: Roam facilitates shared ownership of vacation homes by allowing multiple families to co-buy a single property with a managed usage and equity arrangement. Comparable because of the multi-buyer equity structure and ongoing home management layer.
• FlyHomes: FlyHomes is a tech-enabled home buying platform whose 'Flyhomes Co-Own' program helps groups of buyers purchase and co-own a primary residence together. It targets the same unmarried/shared-buyer segment as Tomi with mortgage, agent, and title services.

Others

• LegalZoom: LegalZoom provides affordable online legal documents and attorney services, including real estate agreements. It is the incumbent Tomi's $0 AI TIC builder directly displaces in the agreement-drafting step of the co-buying flow.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tomi-homes

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tomi