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Polly raises $15m in Series A funding

San Francisco based provider of mortgage industry SaaS raised $15m in Series A funding led by 8VC.

"The multi-trillion dollar mortgage industry has been running on legacy capital markets technology for decades. Mortgage originators, investors and borrowers are underserved," said Polly Founder and CEO Adam Carmel. "We've built a highly innovative and flexible technology solution that reduces burdens for mortgage originators and automates mortgage loan pricing and sales while unlocking tremendous data-driven insights. We are thrilled that the strong support from 8VC and our other investors will allow us to reach even more lenders and further enhance the mortgage capital markets ecosystem for our customers and partners."

Tags

mortgage, proptech