Megadose Built for builders and researchers.

Valon, which makes software to help US mortgage companies cut red tape and costs, raised a $150M Series D from Ribbit, a16z, and others at a $2.3B valuation (Zoya Hasan/Forbes)

Techmeme ·
Valon’s new round values the mortgage software company at $2.3 billion.

The Series D is $150 million, with Ribbit, a16z and others participating. Forbes says Valon sells software meant to reduce red tape and costs for U.S. mortgage companies. The piece frames the raise against a large mortgage market whose payment systems remain antiquated and often analog. Techmeme's note

score 8

Categories: Money & Moves