Polly Raises $37 Million In Series B Funding To Modernize Capital Markets

Jan 26, 2022•over 3 years ago

Amount Raised

$37 Million

Round Type

series b

San Francisco

Description

PollyTM, the SaaS technology company transforming the mortgage capital markets, today announced it has raised $37 million in Series B funding, bringing Polly’s total funding to over $50 million. The round was led by Menlo Ventures with participation by new investors including Movement Mortgage, First American Financial, and FinVC. Existing investors 8VC, Khosla Ventures and Fifth Wall also participated in the round. Tyler Sosin, Partner at Menlo Ventures, will join Polly’s Board of Directors.

Company Information

Company

Polly

Location

San Francisco, California, United States

About

Founded in 2019 by a seasoned team of technology and mortgage experts, Polly is a fast-growing SaaS technology company transforming the mortgage capital markets industry. Polly provides a revolutionary system of record and automation engine that lenders and loan buyers trust to optimize performance from rate lock to loan sale and delivery. Polly increases gain on sale execution, automates workflows and provides actionable data analytics for its customers. Polly is based in San Francisco, California. To learn more, visit www.polly.io.

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Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Polly Raises $37 Million In Series B Funding To Modernize Capital Markets

Description

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Company Information