LoanLogics, a Trevose, Pa.-based provider of loan quality management and performance analytics technologies for the mortgage industry, raised $10m in funding.
The round was led by Blue Cloud Ventures with participation from existing investors Volition Capital.
The company plans to use the funds to accelerate growth, support its expansion into origination technologies, and for research and development to further advance its technology.
Led by Brian K. Fitzpatrick, President and CEO, LoanLogics provides residential mortgage lenders, servicers, insurers, and investors with advanced solutions to validate compliance, improve profitability, and manage risk during the manufacture, sale and servicing of loan assets.
FinSMEs
01/04/2016