The company has been using the funds to grow its engineering team, launch its portfolio management software, expand its securitization offering and scale its solution to expand into the $12 trillion consumer and mortgage lending markets. Founded in 2015 by CEO Perry Rahbar, dv01 provides institutional investors with cloud-hosted portfolio management software to gain real-time insight into $23.5 billion worth of marketplace loans. The company’s current technology aggregates performance data from lenders including Lending Club, Prosper, Marlette Funding, and CommonBond. By normalizing data across lenders, dv01 simplifies comparison and analysis, enabling institutional investors to study individual loan performance and quickly detect issues within portfolios.

http://www.finsmes.com/2016/06/fintech-company-dv01-raises-7-5m-in-seed-funding.html