LoanLogics
Latest round
- Series B
Last raised
- Mar 2016
Total raised
- $22M
Investors
- 4
About LoanLogics
Based in the US, LoanLogics, Inc.LoanLogics, Inc. provides advanced solutions for mortgage quality control and document processing. Founded in 2005, the company is headquartered in Jacksonville, US. The company was acquired by Sun Capital Partners, allowing it to enhance its operations in the evolving mortgage technology market.LoanLogics specializes in mortgage quality control and document processing services, leveraging advanced technology to enhance efficiency and accuracy in the mortgage lending process. Their core product offerings include LoanLogics IDEA®, designed for intelligent data extraction from loan documents, and LoanBeam®, an automated income calculation tool that simplifies the validation of income from various sources. Additionally, the LoanHD® platform provides comprehensive quality control and audit solutions focusing on pre- and post-close audits, TRID compliance, and reporting.LoanLogics generates revenue through B2B partnerships and subscription-based models, offering its suite of products and services to various financial institutions. Clients typically engage with LoanLogics by purchasing licenses for its flagship products like LoanLogics IDEA® and LoanBeam®, with options for bundled or individual offerings to meet specific needs. The transaction structure involves direct sales agreements, where clients pay for access to these advanced technology solutions that streamline operations and ensure compliance in mortgage processing.Looking ahead, LoanLogics plans to enhance its product offerings and expand into new markets. The recent acquisition by Sun Capital Partners is intended to support the company in ensuring quality performance for its clients while enhancing operations. There are indications of new products being developed, although specific details and release dates have not been disclosed. The company aims to penetrate additional geographic regions to broaden its client base further, responding to the rapidly modernizing mortgage technology market.
Who invested in LoanLogics
4 investors across 4 rounds
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Questions about LoanLogics
Who invested in LoanLogics?
LoanLogics has 4 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has LoanLogics raised?
LoanLogics has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did LoanLogics last raise money?
LoanLogics's most recent round on record is a Series B, in Mar 2016.
What does LoanLogics do?
Based in the US, LoanLogics, Inc.
Where is LoanLogics headquartered?
LoanLogics is headquartered in Jacksonville, US.
Which VCs invest in companies like LoanLogics?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at LoanLogics's stage. Their profiles are linked below.
VCs backing software startups at Series B
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