Polly, San Francisco, CA-based provider of mortgage capital markets technology and operator of a cloud-native, commercially scalable product and pricing engine (PPE), raised additional $25M in growth equity funding.
The round was led by 8VC with participation from other existing investors, including Menlo Ventures, Meritech, Khosla Ventures, and Fifth Wall.
The company intends to use the funds to further accelerate its growth and invest in R&D, product innovation, and expansion.
Led by CEO and Founder Adam Carmel, Polly improves mortgage industry with its modern, data-driven capital markets ecosystem. Banks, credit unions, and mortgage lenders nationwide use its Product and Pricing Engine (PPE), Loan Trading Exchange, actionable data and analytics, and advanced AI/ML to automate and optimize the entire capital markets value chain, helping their secondary teams operate better and more profitably.
FinSMEs
11/09/2024