Polly, a leading provider of mortgage capital markets technology and operator of the industry’s first cloud-native product and pricing model, has secured $25 million in growth equity funding led by 8VC, with participation from existing investors Menlo Ventures and Khosla Ventures. The funding will accelerate Polly’s research and development, product innovation, and expansion, including enhancements to its AI platform and scaling of internal teams by 25%. Polly’s PPE has led to significant growth, with mortgage lock volume increasing more than 150% year-to-date, validating the industry’s demand for flexible, agile capital markets solutions.
Polly: Mortgage Capital Markets Operator Company Secures $25 Million