Unlock Receives New $250M Capital Commitment from D2 Asset Management

Investment will fuel expansion to provide more homeowners with an equity-based home finance option. 

TEMPE, Ariz., July 23, 2025 /PRNewswire/ -- Unlock Technologies (Unlock), a leading fintech company offering a flexible way to access home equity, has entered into a $250 million purchase commitment agreement with D2 Asset Management (D2). The agreement supports origination of home equity agreements (HEAs) and builds on D2's original $250 million capital commitment to Unlock last year.

"Combined with our recent securitization deal, this increased commitment from D2 gives our business incredible momentum heading into the back half of 2025," said Jim Riccitelli, CEO at Unlock. "We surpassed $1 billion in invested capital and 14,000 customers served as of this year, and the continued investment from our partners allows us to keep growing and increasing access to home equity across the country." 

Unlock allows homeowners to access their home equity with a clear, straightforward process. With Unlock's HEA, there are no monthly payments and typically no income requirements to qualify. Unlock provides upfront cash in exchange for a share of their home's future value, offering a flexible, transparent financing option available to a wide range of homeowners. 

"None of what we do is possible without these strategic financing deals," said Peter Silberstein, chief capital officer at Unlock. "This partnership with D2 provides us with the capital foundation to address the very real and urgent need for creative financial products in today's dynamic market."  

"In today's housing market, where high interest rates have limited traditional refinancing and home equity options, Unlock's platform delivers a timely and much-needed solution," said Luke Doramus, founder and managing partner of D2. "This investment aligns with our thesis around residential real estate and the power of strategic partnerships to expand access to financing tools for homeowners who may otherwise be locked out of their equity."

Disclaimer: 
This press release is for informational purposes only, and is neither an offer to sell nor the solicitation of an offer to any for any other securities, and shall not constitute an offer, solicitation or sale. Any offers will be made only by means of a private offering memorandum.  

Forward-looking statements: 
Statements in this press release have "forward-looking statements," and are subject to known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed in such forward-looking statements. 

About Unlock Technologies 
Founded in 2020, Unlock Technologies is a Tempe, Arizona-based financial technology company providing products and services that help consumers solve financial challenges and improve their financial health. The company's flagship product is its home equity agreement, a financing option for homeowners who want to access the equity they have built in their homes without taking out a loan.  

About D2 Asset Management
D2 is a global investment management firm founded in 2024 to address the evolving requirements of the modern investment management landscape. D2 specializes in asset-based investment opportunities across the capital structure, emphasizing high-conviction strategies and long-term partnerships.

View original content:https://www.prnewswire.com/news-releases/unlock-receives-new-250m-capital-commitment-from-d2-asset-management-302511215.html

SOURCE Unlock Technologies