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Venture Capital News: Staircase Scores $18M Series A

PHILADELPHIA, PA, Staircase, a company building mortgage solutions, has secured $18 million in Series A funding led by Bessemer Venture Partners.
Staircase, a company building integrated, digital infrastructure to accelerate tech-enabled mortgages, has secured $18 million in Series A funding led by Bessemer Venture Partners with participation from Avid Ventures, Clocktower Technology Ventures, Metaprop Ventures, RRE Ventures, and Zigg Capital, as well as a collection of notable angels, including Tom Montag, COO of Bank of America.

Staircase is an API marketplace that creates an integration layer that allows all parties in the mortgage origination process to easily communicate with one another from the time an application is made through to closing and fulfillment and servicing. Staircase provides an essential integration layer between the growing number of players in the space, aiming to do for the mortgage industry what AWS marketplace does for enterprise infrastructure.
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