USA – Vontive, a San Francisco, CA and Seattle, WA-based provider of an embedded mortgage platform for investment real estate, raised USD135m in funding.
Zigg Capital led the Series B round, with participation from Founders Fund, Goldcrest, XYZ Venture Capital, 8VC, Nine Four Ventures, Village Global, Godfrey Capital, and the LeFrak organization. Funding will be used to expand the company’s engineering team, scale B2C partners on the platform, extend mortgage product offerings, and create its debt marketplace in which financial institutions supply liquidity and receive a safe yield on their asset.Co-founded by former Freddie Mac executive Charles McKinney and Shreyas Vijaykumar, Vontive offers a bank-quality mortgage through a no-code, white-label solution. With it, any bank, credit union, property technology company, or B2C brand serving real estate investors can launch its own investment-property mortgage business.07/04/2022
