What is Credit.org?
Founded in 1974 and headquartered in Riverside, California, Credit.org operates as a mission-driven mortgage lender dedicated to assisting individuals in achieving homeownership. The organization's long-standing commitment and strategic financial backing position it as a key player in the affordable housing and financial empowerment sector. Its focus on enabling more people to become homeowners highlights a dedication to community development and financial stability.
How much funding has Credit.org raised?
Credit.org has raised a total of $42.4M across 4 funding rounds:
Angel/Seed
$1.7M
Series A
$9.5M
Series B
$31M
Debt
$236K
Angel/Seed (2015): $1.7M with participation from 2U, Inc and 500.com
Series A (2017): $9.5M led by Moneta Ventures, Costanoa Venture Capital, Learn Capital, and Rocket Ship
Series B (2020): $31M supported by Telstra
Debt (2021): $236K featuring PPP
Key Investors in Credit.org
Moneta Ventures
Moneta Ventures is a venture capital firm that specializes in investing in mission-critical enterprise technology companies, particularly those with unique technology and diverse monetization strategies.
Costanoa Venture Capital
Costanoa Ventures partners with founders aiming to tackle significant challenges in building their companies, providing long-term support through various phases of company development with a focus on enterprise software.
Learn Capital
Learn Capital is a venture capital fund focused on education technology and companies that leverage technology for better and smarter learning worldwide, backing teams building market-transforming services for all stages of learning.
What's next for Credit.org?
The substantial enterprise-level funding and recent strategic investment signal a period of significant growth and expansion for Credit.org. This capital infusion is expected to fuel initiatives aimed at broadening its reach, enhancing its lending programs, and potentially developing new services to address evolving housing market needs. The organization is poised to leverage this financial momentum to further its mission of making homeownership accessible to a wider demographic, reinforcing its impact on community economic well-being.
See full Credit.org company page
