Habito, a London, UK-based digital mortgage company, raised £35m as part of its Series C funding.
The investment round (comprising a Series C equity raise and Series C extension in the form of a convertible loan note) was led by Augmentum Fintech, SBI Group and mojo.capital, with participation from various existing investors including Ribbit Capital, Atomico and Mosaic Ventures.
The company intends to use the funds to further accelerate its growth.
Led by Daniel Hegarty, CEO and founder, Habito provides Habito Plus, a homebuying service which brings a buyer’s mortgage application, conveyancing needs and surveys under one solution, and a proprietary broker portal, which gives more than 3,000 external brokers exclusive access to the company’s own buy-to-let mortgage products and Instant Decision technology capabilities. The firm is now looking to bring to market a suite of innovative residential mortgage products for all types of homeowners.
Habito recently became a B Corp certified company.