Valon, a fintech company specializing in mortgage servicing, has successfully secured $100 million in a Series C funding round led by WestCap. Valon has raised a total of $230 million since its inception in 2019.
The company offers a mortgage servicing platform that aims to redefine the mortgage experience and provide homeowners with ease, security and financial knowledge. It leverages technology to streamline various processes and provide transparent services. Valon’s latest funding raise follows a period of substantial growth, with the company having recorded a 400 percent growth increase year-over-year.
Its fresh capital will go toward accelerating product development and expanding Valon’s market reach. The company aims to enhance its comprehensive mortgage servicing platform to boost operational efficiency and improve its customer experience.