Morty Raises $3m in Funding

Morty, a NYC-based automated mortgage marketplace, raised $3m in venture capital funding.

The round was led by Thrive Capital with participation from SV Angel, FJ Labs, Corigin Ventures, MetaProp, Techstars and angel investors.

The company will use the funds to expand nationally in 2017.

Founded in 2015 by Brian Faux, CEO, Morty is a fully-automated mortgage marketplace which allows homebuyers to shop and compare lenders, find the loan products they’re best suited for, and close their mortgage entirely online. The company is initially rolling out with 10 major lenders to 10 markets in the U.S. – including Washington DC, Virginia, North Carolina, Florida, Georgia, Tennessee, Oregon and Colorado.

FinSMEs

02/05/2017