Friday Harbor, a Seattle, WA-based provider of an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, raised $6M in Seed funding.
The round was led by Abstract Ventures with participation from Wischoff Ventures, Blend (NYSE: BLND) and the AI2 Incubator.
The company intends to use the funds to extend its engineering team and support integrations with mortgage LOS and point-of-sale platforms.
Led by CEO Theo Ellis and CTO Jesse Collins, Friday Harbor provides an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time. The company combines fintech expertise with artificial intelligence to remove complexity, slash origination costs and deliver a better borrower experience.
With the platform, lenders of all sizes can leverage AI to read and interpret borrower documents, generate a borrower-specific needs list, underwrite files and flag potential conditions—all in real time. Each flagged issue includes a suggested resolution, enabling loan officers to take action with a single click.
FinSMEs
15/04/2025