Valon, a trailblazer in mortgage technology, has successfully secured $100m in a Series C funding round.
The round was led by WestCap, with both new and existing investors participating. This infusion of capital highlights Valon’s progression from an emerging startup to a leader in the mortgage servicing sector, setting the stage for significant industry innovation.
Valon, known for developing the first modern vertically integrated mortgage servicing platform, aims to correct historical inefficiencies in mortgage data management.
The company’s journey began with the goal of addressing inaccuracies stemming from outdated servicing systems. These systems often provided noisy data that, while sometimes beneficial for market investments due to misinterpretations, represented a clear inefficiency in the industry.
This latest round of funding will be directed towards accelerating the development of Valon’s technology. With a robust pipeline of new products and features and a growing clientele, Valon is poised to exceed its ambitious targets and redefine the standards of mortgage servicing.
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