We are excited to announce that we’ve closed a $6M seed round!
Just over 1 year ago, we founded Willow with the vision of modernizing the core technology that orchestrates the collection of $18T of US mortgage debt. We saw a drastic need in the market for a modern, automated solution that allows small and large servicers alike to efficiently service their loans in-house.
Since launching earlier this year, we’ve serviced $750M in loans. While originally designed to manage the first few payments on a loan, we’ve quickly expanded our platform to support additional loan types and processes - from HELOCs and construction loans, to appraisal and payoff fees.
“We are excited to continue building out our platform and automate the most error-prone and difficult tasks facing mortgage lenders and servicers,” said Willow founder and CEO, Laura Cain. “The additional funding will allow us to continue investing in our customers and solving their pain points.”
We look forward to the next phase of the business and are thrilled to have our investors, Thomvest, Global Asset Capital, The Mortgage Collaborative, Webb Investment Network, and Zigg Capital join us in modernizing mortgage servicing!
If you are interested in seeing a demo or learning more about how Willow can help your company, click here.