Habito, a London, UK-based online mortgage broker, raised £18.5m in Series B funding.
The round was led by Atomico, with participation from existing investors Ribbit Capital, Mosaic Ventures, and Revolutionary (Ad)Ventures.
The company, which has raised a total of over £27m, will use the funds to continue to increase its marketing efforts, integrate its technology with major retail banks and high street lenders and expand its offering to home and life insurance.
Founded in January 2015 by Daniel Hegarty, Habito is a digital mortgage broker that offers an online service offering mortgage search and comparison.
The company’s technology analyzes every mortgage on the market from over 70 lenders to find the best one in seconds. Once it finds the right mortgage, the company has a dedicated mortgage expert who will keep users updated with the progress of the application from start to finish, via phone or livechat to answer people’s questions.