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Reggora raises $18m to expand its appraisal technology, led by Centana Growth Partners, to support a new 24-hour appraisal product.

Sep 05, 20257 days ago

Amount Raised

$18 Million

BostonSoftware

Investors

Centana Growth Partners

Description

Reggora secured $18m in funding to enhance its appraisal technology for residential real estate. Led by Centana Growth Partners, the investment will be used to roll out a new 24-hour appraisal product. This innovation aims to significantly reduce appraisal turn times. The company's focus is on modernizing the appraisal process for mortgage lenders.

Company Information

Company

Reggora

Location

Boston, Massachusetts, United States

About

Reggora, founded in 2016 and based in Boston, is a VC-backed technology company dedicated to automating the residential valuation process. The company aims to eliminate the challenges from one of the most labor-intensive and time-consuming parts of securing a mortgage — the appraisal. Its modern, two-sided platform for mortgage lenders and appraisal vendors streamlines the entire process, reducing turn times and enhancing the experience for all parties involved. Reggora’s platform manages payment processing, appraisal scheduling, automated underwriting, appraisal delivery, status updates, and more, delivering unprecedented operational efficiency.

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