OptiFunder Secures $25 Million In Capital
Summary
Founded in 2018 by Michael McFadden, OptiFunder is a growing mortgage technology company. OptiFunder’s Warehouse Management System allows originators to fund loans with a single click of a button, according to the company. “We are dedicated to making the mortgage funding and post-closing process as efficient and optimized as possible for every originator and warehouse lender in the industry,” said McFadden, founder and CEO of OptiFunder. Following the capital raise, OptiFunder plans to hire in all areas of its business including product, engineering, data science, sales, and support. “OptiFunder has proven to deliver an impressive ROI to its clients through optimization and automation,” said Patrick Meenan, General Partner at Arthur Ventures.
Funding
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