Valon Mortgage, Inc. Asset Profile

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

Year established

2019

Location

New York NY US

Primary Industry

Software

About

Based in New York, US and founded in 2019, Valon Mortgage, Inc. developer of technology infrastructure that connects loan originators, servicers, lenders, and payers and automates the requirements of servicing a mortgage. It enables users and clients to ensure an improved borrower experience and solutions for navigating forbearance and foreclosures without defaulting on loans. The company was co-founded by Andrew Wang, Eric Chiang, and Jon Hsu and is backed by investors including Andreessen Horowitz, Jefferies Financial Group, New Residential Investment Corporation, Alley Corp., Soros, Kairos, and Zigg Capital. The company has also received investors' commitments that will fuel its growth to an estimated USD 10 billion in servicing volumes in 2021. Valon operates as a software-driven advisor who can provide clear, transparent, and regulatory compliant information and has licensed to service in 49 states with New York expected to be added to the portfolio in 2021. Valon plans to speed up its growth through hiring and building out its operations for acquiring more Mortgage Servicing Rights (MSR).

Current Investors

Soros Fund Management, Kairos, Zigg Capital

Request a demo to show more

Primary Industry

Software

Sub Industries

Accounting/Finance Software, Real Estate Development & Operating Companies

Website

www.valon.com

Verticals

FinTech, FinTech, FinTech, Real Estate Tech

Company Stage

Series C

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.