Pylon
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Pylon - overview
Established
2021
Location
New York, NY, US
Primary Industry
Software
About
Based in New, York, US, and founded in 2021 by Trent Hedge (CEO), and Marco Monteiro (CTO), Embed Inc. , doing business as Pylon, operates as a software company that provides a financial technology platform that offers mortgage services digitally. In November 2024, Pylon raised an undisclosed amount of venture funding from new investors Citi Sprint and Citi Ventures, with participation from returning investors Fifth Wall Ventures, Conversion Capital, Allegis Capital, and QED Investors. An individual investor also participated in the round.
Pylon creates software and financial infrastructure to enable businesses to integrate mortgage lending. Furthermore, the company provides scalable software and financial infrastructure, rather than being a mortgage lender or point of contact, to enable the next generation of integrated lending experiences. Additionally, the technology enables FinTechs, PropTechs, banks, and retail brands to emerge, insure, process, fund, and close loans on their developer-focused platform. The company plans to use the November 2024 funding to expand its market base.
Current Investors
QED Investors, Conversion Capital, Montage Ventures
Primary Industry
Software
Sub Industries
Mortgage Banking, Application Integration Software, Accounting/Finance Software
Website
www.pylonlending.com
Verticals
Cloud Computing, FinTech
Company Stage
Angel & Seed
Total Amount Raised
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