Mortgage capital markets technology firm Polly has raised $25 million to invest in research and development, product innovation and expansion, the company said on Tuesday.

8VC led the latest equity investment with participation from existing investors Menlo Ventures, Meritech, Khosla Ventures and Fifth Wall.

Polly has increased its locked loan volume by more than 150% this calendar year alone. And it has more than doubled its customer partner base to include some of the country’s biggest banks, credit unions and mortgage lenders, according to the firm.

“This additional capital will enable our team to continue to pioneer unrivaled details ⇒

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