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SimpleNexus raises $108m in Series B funding

Utah based home sale and mortgage platform raised $108m in Series B funding led by Insight Partners.

According to SimpleNexus president Cathleen Schreiner, the company’s most recent funding will assist in its mission to overturn mortgage processes that have been historically archaic, attributing the record-setting numbers the housing market saw in the pandemic to its recent revenue push. “Our vision is to hone the entire home buying journey from the borrower’s first contact with a Realtor to the closing table and beyond,” Schreiner said.

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proptech, real estate, utah