What is Wowtools?
Wowtools, previously identified as TrustEngine, provides Mortgage Coach NextGen, a sophisticated borrower education software. This platform empowers loan officers to proactively identify and address borrower needs, facilitating the creation of Homeowner Strategies before formal loan applications. Its suite of tools, including a mobile application and AI-driven assistance, is designed for both individual loan officers and enterprise-level organizations, aiming to enhance client engagement and optimize the mortgage coaching process.
How much funding has Wowtools raised?
Wowtools has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Wowtools
PPP
Public-Private Partnership
What's next for Wowtools?
The substantial capital raised, particularly the recent strategic investment, positions Wowtools for accelerated growth and market penetration. This funding is expected to fuel further development of its borrower education software, enhance AI capabilities, and expand its reach within the mortgage industry. The company's focus on empowering loan officers and improving borrower engagement suggests a strategic push towards solidifying its role as a key technology provider in the evolving mortgage landscape.
See full Wowtools company page