What is Polly?
Polly is a high-performance, cloud-native technology firm dedicated to democratizing pricing and execution across the mortgage capital markets. By providing a highly configurable and scalable platform, the company enables lenders to navigate the complexities of the mortgage lifecycle with greater speed and precision. Polly's core value proposition lies in its ability to replace legacy systems with modern, data-centric tools that offer unlimited flexibility. This approach allows financial institutions to optimize their secondary market operations, improve margins, and maintain a competitive edge in a rapidly evolving regulatory and economic environment. As a leader in the proptech and fintech intersection, Polly is effectively reshaping how mortgage assets are priced, traded, and managed.
How much funding has Polly raised?
Polly has raised a total of $77M across 3 funding rounds:
Series A
$15M
Series B
$37M
Private Equity
$25M
Series A (2021): $15M with participation from Conversion Capital, Fifth Wall, Menlo Ventures, Base10, Meritech Capital Partners, and 8VC
Series B (2022): $37M led by Movement Mortgage, Menlo Ventures, First American Financial, Fifth Wall, Khosla Ventures, 8VC, and Fin Venture Capital
Private Equity (2024): $25M supported by 8VC, MeriTech Power, Khosla Ventures, and Menlo Ventures
Key Investors in Polly
8VC
8VC is a leading technology investment firm that backs visionary teams and industry-transforming companies, managing significant capital with a focus on smart enterprise platforms across financial services and logistics.
Menlo Ventures
Menlo Ventures is a Menlo Park-based venture capital firm that invests in early and growth-stage technology companies, providing strategic board-level guidance across fintech, enterprise software, and infrastructure sectors.
Fifth Wall
Fifth Wall is the largest venture capital firm focused on the global real estate industry, connecting major property owners and operators with innovative technology entrepreneurs to redefine the built world.
What's next for Polly?
With the successful completion of this major strategic investment, Polly is well-positioned to accelerate its product roadmap and expand its footprint within the enterprise mortgage space. The company is expected to focus on deepening the functional depth of its capital markets ecosystem, potentially integrating more advanced AI-driven analytics to further automate lending workflows. As the mortgage industry continues to undergo a digital transformation, Polly's focus on cloud-native infrastructure will likely remain a key differentiator. The firm is poised to leverage its strong investor base to forge deeper partnerships with major financial institutions, ensuring that its platform remains the standard for lenders demanding smarter, faster, and more profitable operations in an increasingly volatile market.
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