Trussle, a London, UK-based online platform for mortgages, raised £1.1m in seed funding.
The round was led by Localglobe, the new venture capital firm of Robin Klein and Saul Klein, with participation from Ian Hogarth, Ed Wray and Dan Cobley.
The company intends to use the funds to hire new people and continue to develop the platform.
Led by Ishaan Malhi, CEO, Trussle allows first time home buyers and homeowner looking to switch to receive support and find the right mortgages for their needs. The company will then manage the mortgage process and track the market to find a better option.
FCA approved Trussle ensures it considers all lenders equally, and serves clients via a team of experts and a dashboard to allow them to view progress of mortgages on phone, tablet or computer, 24/7.