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In its first funding in 7 years, profitable fintech Lower raises $100m Series A led by Accel

Ohio based home finance platform raised $100m in Series A funding led by Accel.

“We’ve had a view going back to the start of the company that we wanted to run it profitably. That’s been one of our pillars, so that’s what we’ve done. Also, we all grew up in the mortgage industry, so we saw firsthand the size of the market, but also how broken it was, so we wanted to change it.”, said Dan Snyder, founder and CEO.

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proptech, real estate