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Venture Capital News: Polly Receives $15M Series A Financing

2021-03-25
SAN FRANCISCO, CA, Polly today announced that it has raised $15 million in Series A funding.
Polly, a leading provider of innovative SaaS solutions for the mortgage industry, today announced that it has raised $15 million in Series A funding led by 8VC, with participation from new and existing investors including Menlo Ventures, Conversion Capital, Meritech Capital, Fifth Wall and Base10 Partners. This investment will help Polly to broaden and accelerate product development, recruit top engineering talent and aggressively expand its sales and marketing efforts. 8VC Partner Alex Kolicich and Meritech Capital Partner Max Motschwiller will join Polly's Board of Directors.

Polly, founded in 2019 by a seasoned team of mortgage and technology experts, is a fast-growing mortgage technology company transforming the mortgage capital markets industry. Polly provides a revolutionary, end-to-end capital markets ecosystem that lenders trust to optimize performance from rate lock to loan sale and delivery. Polly increases gain on sale execution, automates workflows and provides actionable data analytics for its customers.
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