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Maxwell raises $28.5m in new funding

Denver based mortgage software maker raised $28.5m in new funding led by Fin VC.

“We’re really focused on modernizing the mortgage market, particularly for small and mid-sized lenders serving America’s communities,” Maxwell co-founder and Chief Executive Officer John Paasonen said in an interview. Funding will be spent on technology innovation and hiring sales, marketing, engineering and product staff.

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mortgage, proptech