Roostify, a San Francisco, CA-based premium home lending technology provider, raised $32M in Series C funding round.
The round was led by Ten Coves Capital, joined by Stone Point Capital. and returning investors Cota Capital, Mouro Capital, Colchis Capital, Point72 Ventures, and JPMorgan Chase.
The company, which has now raised $65M in total capital, intends to use this funding to leverage innovative AI to simplify the entire home buying experience and grow its staff by 50 %.
Led by CEO Rajesh Bhat, Roostify is a home lending technology provider that enables differentiated solutions for mortgage lenders by configuring its modular technology platform to meet each of clients’ needs and goals. Today, the company supports more than 200 lending institutions and handles roughly $50B in loan volume monthly.