CommLoan, a Scottsdale, Ariz.-based early stage commercial mortgage lending technology company, raised $2.25m in seed funding.
Backers included Social Leverage and ViaWest Group.
The company intends to use the funds to secure business development resources to accelerate sales.
Co-founded in 2014 by Mitch Ginsberg, CEO, and Marc Mirbod, CommLoan is a commercial mortgage lending technology company that has created a marketplace to match commercial mortgage borrowers with loan products via a technology platform, called CUPID™, which grants access to hundreds of different lenders representing thousands of loan products, while providing the tools necessary to compare the loan terms.
In addition to its platform, CommLoan provides borrowers with support throughout the loan process through loan processing and underwriting departments.