Tag Archives: Venture Capital

RenoFi lands $14M Series A to connect home renovators to lenders

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The startup’s origination and underwriting platform lets homeowners borrow up to 90 percent of their home’s “future value.” Continue reading →

Ellie Mae vets form SPAC to acquire mortgage and real estate startups

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Southport Acquisition Corp. will look to acquire companies with $50 million to $100 million in revenues that are valued between $1 billion and $2 billion. Continue reading →

Digital mortgage lender Beeline completes Series A funding round

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Digital mortgage lender accesses bank, income and tax information online to provide “purchase-ready approvals” in 15 minutes. Continue reading →

Hometap raises $60M to bankroll growth of its home equity business

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The growing business allows homeowners to access their home equity as their property values rise — without taking on more debt. Continue reading →

Better lays off 900 employees, revamps terms of SPAC merger

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Company says it will be better positioned for growth as lenders shift their focus from refinancing mortgages to providing purchase loans. Continue reading →

Lessen hits unicorn status with $170M Series B

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The new funding round of $170 million, for a total of $214 million raised, pushes Lessen into “unicorn” status, meaning its valuation has topped $1 billion. It’s the second industry player in November to earn the title. Continue reading →

Adwerx nabs $14.5M to expand customer relationship advertising

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Customer Relationship Advertising, or CRA, refers to the technology’s capability of connecting directly to clients’ CRM tools to identify and target leads with online campaigns, per agent. Continue reading →

Co-investing startup Fractional raises $5.5M in seed funding

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The San Francisco-based company’s platform helps pair would-be real estate investors with friends or strangers who want to co-own property. Continue reading →