Polly Raises Additional $25M to Further Accelerate Growth and New Product Innovation
Summary
This calendar year alone, Polly increased lock volume by well over 150% and has more than doubled its customer partner base to include many more of the countrys top and most notable banks, credit unions, and mortgage lenders. The platforms unlimited flexibility, configurability, and functional depthcombined with an unrivaled pace of innovationcontinues to deliver strong value and ROI by increasing margins, automating workflows, and driving a superior loan officer experience. "8VC recognized early on that Adam and his team had developed a superior and next-generation pricing engine, a platform that was going to truly transform the mortgage capital markets space," said Alex Kolicich, Founding Partner at 8VC. This additional capital will enable our team to continue to pioneer unrivaled product innovation for our customer partners, invest significantly more into our AI platform and capabilities, and deliver world-class implementation and service. Banks, credit unions, and mortgage lenders nationwide trust Pollys Product and Pricing Engine (PPE), Loan Trading Exchange, actionable data and analytics, and advanced AI/ML to automate and optimize the entire capital markets value chain, helping their secondary teams operate faster, smarter, and more profitably.