# Coviance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coviance

- Industry: Software
- Headquarters: West Des Moines, US
- Website: www.lenderclose.com
- Total disclosed funding: $11M
- Latest round: Series B (Mar 23, 2021)
- Investors on record: 8

## About

Based in Iowa, US, and founded in 2015 by Omar Jordan (CEO), Coviance, Inc formerly known as LenderClose is a fintech company that operates an online platform for consolidating and streamlining lending requirements for home equity and real estate platform. In March 2021, LenderClose, LLC raised USD 10 million in Series B funding from Ardent Credit Union, Ascentra Credit Union, Collins Community Credit Union, Financial Plus Credit Union, Serve Credit Union, Strata Credit Union, and Tucson Federal Credit Union.



The firm offers a digital, technology-focused lending platform that offers HELOC and home-equity lending services. The company’s product Hex is an automated loan processing platform backed by algorithm intelligence enabling faster loan disbursements while minimizing financial fraud and errors.

## Funding rounds

- Series B, Mar 23, 2021, $10M — Next Level Ventures, Ardent Credit Union, Tucson Federal Credit Union, Strata Credit Union, Serve Credit Union, Financial Plus Credit Union, Collins Community Credit Union, Ascentra Credit Union
- Series A, Apr 17, 2018, $1.1M — Next Level Ventures

## Investors

- Next Level Ventures (https://capitalatlas.ai/funds/next-level-ventures) — Series A, Series B
- Ardent Credit Union — Series B
- Tucson Federal Credit Union — Series B
- Strata Credit Union — Series B
- Serve Credit Union — Series B
- Financial Plus Credit Union — Series B
- Collins Community Credit Union — Series B
- Ascentra Credit Union — Series B