Carey Armstrong is the co-founder and chief revenue officer of Tomo, a company that shortens pre-approval times and removes lender fees. In March 2022, Armstrong, along with her co-founder, former Zillow executive Greg Schwartz, secured one of the largest seed rounds in U.S. history. They led Tomo as it raised a $40 million Series A round, more than doubling its valuation to $640 million.
At Tomo, Armstrong focuses on delivering a fast and delightful mortgage and home purchase experience. She leads the development of Tomo’s core product offering and the growth of the business units that support it, including mortgage and brokerage.
Since co-founding the company, Armstrong has supported growth by hiring 150 employees and expanding to operate in more than a quarter of the country. In January 2022, Armstrong was vital in helping expand into Michigan and Ohio. The company grew its purchase mortgage footprint to nearly a third of the U.S. market after earlier launching in Texas, Florida, Washington, Connecticut and Colorado.
Co-founder and Chief Revenue Officer