Own Up, a Boston, MA-based mortgage marketplace, raised $12m in funding.
The round was led by Brand Foundry Ventures with participation from Link Ventures, Listen Ventures, and TechStars Ventures.
The company intends to use the funds to invest in the technology powering its digital platform, as well as growing its customer success team.
Led by Patrick Boyaggi, co-founder and CEO, Own Up provides a managed marketplace which gives consumers customized market data and verified loan offers while maintaining confidentiality. Customers are able to go directly to vetted lenders that match to their needs. The free digital platform also includes access to expert Home Advisors that provide advice and support.
This year, the marketplace will expand to 15 new states, including California, its first state on the west coast, and the country’s largest real estate market. The brand already serves borrowers in Colorado, Connecticut, Florida, Georgia, Maine, Massachusetts, Michigan, New Hampshire, Pennsylvania, Rhode Island and Texas.