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- Valon Secures $100 Million Series C, Led by WestCap
Valon Secures $100 Million Series C, Led by WestCap
Slice of Finance Team
25 Oct
Key Highlights:
Valon secures $100 million in Series C funding, led by WestCap.
Total raised capital since 2019 now stands at $230 million.
400% year-over-year growth with $65 billion in mortgages serviced.
Funds to drive product development and market expansion.
Expanded offerings include property insurance and tax appeals.
Source: Business Wire
Notable Quotes:
"This new funding demonstrates that we’ve hit the milestones to prove our software is best in class."
"Valon has built a fundamentally better and more comprehensive solution for a market that has been characterized by limited technological innovation for decades."
Our Take:
Valon’s ability to attract $100 million in Series C funding highlights the platform’s strength in disrupting the mortgage servicing industry. By focusing on transparency, efficiency, and customer satisfaction, Valon is poised for significant growth, as evidenced by its rapid ascent to being a top 15 U.S. subservicer. With a comprehensive, vertically integrated solution, Valon is not only improving operational efficiency for mortgage servicers but also enhancing the overall homeowner experience. The company’s expansion into complementary sectors like property insurance and tax appeals signals a strategic move to widen its market influence and revenue streams.