Fintech Reggora Raises $10 Million Series A Led by Spark Capital
02/14/20, 12:16 AM
Location
bostonMoney raised
$10 million
Round Type
series a
Reggora, the industry's leading residential appraisal software, announced that it has raised $10 million in Series A funding, led by Spark Capital. Spark also led the company's $3 million seed round in January 2019. Existing investors, including Boston Seed Capital, also participated in the round. With the funding, Reggora will focus on adding to its engineering, sales, and operations teams, expanding its nationwide presence, and continuing to innovate in the real estate valuation space.
Company Info
Company
Reggora:
Location
boston, massachusetts, united states
Additional Info
Reggora is a modern appraisal technology company that provides mortgage lenders and appraisal vendors with a two-sided software that streamlines the appraisal process from A to Z. Through advanced and customizable workflows, Reggora's core features include payment processing, algorithmic appraisal ordering, automatic rule-based reviews, appraisal delivery, status updates, and more. Lenders using Reggora today experience significantly reduced appraisal turn times, lower internal overhead, and an improved buyer experience.