HomeUSAMesa Raises $9.2M in Seed Funding

Mesa Raises $9.2M in Seed Funding

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Mesa, an Austin, TX-based provider of a homeowner membership platform, raised $9.2M in Seed funding.

The round was led by Streamlined Ventures with Starting Line, Assurant Ventures, Vera Equity, Redwood Trust Horizons, Clocktower Ventures, and several other firms and strategic investors participating.

Mesa also received an additional $2M in venture debt from Silicon Valley Bank (SVB), a division of First Citizens Bank.

The company intends to use the funds to expand operations and its development efforts.

Led by CEO Kelley Halpi, Mesa provides advertising services for mortgage lenders and mortgage brokers. Its first products are:

  • The Mesa Mortgage Marketplace, which offers benefits and rewards for originating a new mortgage or refinancing through a lender or broker advertising on Mesa’s marketplace. Homeowners get access to benefits, plus 1% of their loan value in rewards points at closing.
  • The Mesa Homeowners Card, a premium credit card designed specifically for homeowners. Cardmembers are rewarded on monthly mortgage payments and everyday spending like gas, groceries, HOA fees, utilities, repairs, and home goods and services, like insurance.

FinSMEs

24/09/2024

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