The round was led by Motive Partners and Social Leverage, with Jeff Horing, co-founder and managing director of Insight Partners, participating as an angel investor.

Elio Mortgage is an AI-native mortgage company rebuilding mortgage origination from the ground up. Rather than selling software into the industry, Elio operates a licensed mortgage operation powered by its proprietary agentic platform. Elio uses the platform to transform the processes and unit economics of origination, improving the experience and economics for both loan officers and borrowers. Within Elio's brokerage, the platform gives loan officers the leverage to focus on relationships, advice and judgment while serving more borrowers, and growing their books of business. Through Elio Embedded, the same platform enables Elio to serve as the mortgage arm for RIAs, real estate agents, home builders, and single-family rental operators, helping them capture mortgage demand already flowing through their businesses without taking on the operational complexity of mortgage origination.