Trovy raises $15 million Series A to replace high-interest debt with home equity financing
Summary
Trovy raised $15 million in Series A funding to expand its homeowner-focused financing platform. The company offers a home equity-backed credit card and plans to launch a HELOC product called 1Loan later this summer. Trovy is also building software features such as a homeowner hub for maintenance reminders, insurance documents, home records, and rewards. The company says it is already live in 27 states and licensed in 30, which suggests ongoing expansion and product development.
Funding
Amount
$15.0M
Total raised
Date
June 24, 2026
Announcement date
Investors
Camber Creek, Cross River Bank, DCM Ventures, Kleiner Perkins Caufield & Byers
Lead investors
Company
trovy.com
Funded company
Classifications
industries
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applications
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AI Classifications
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