Maxwell Financial Labs

SoftwareSeries BDenver, UShimaxwell.com

Latest round

Series B

Last raised

Mar 2021

Total raised

$21M

Investors

14

About Maxwell Financial Labs

Based in Colorado, US and founded in 2015, Maxwell Financial Labs, Inc. is a provider of a digital mortgage and fulfillment platform for small to midsize mortgage lenders, including non-depository mortgage banks, community banks, brokers and credit unions. As of August 2021, John Paasonen is the current CEO of the company.25 million. The company offers digital platforms, Fulfillment Services and Diligence Services having multiple features including QuickApply™ pre-fill loan application, smart and fully customizable 1003, and White-label branding. Under the Fulfillment Services, the company provides processing services, closing services and underwriting services. The company generates revenue through a SaaS model, where clients purchase services. The pricing of processing services ranges between USD 300 to USD 450, underwriting services range USD 250 to USD 350 and closing services ranges up to USD 123 per borrower file. The company plans to use its proceeds from March 2021 to further penetrate the USD 4 trillion US mortgage market as well as accelerate digitization for small and midsized lenders.

Who invested in Maxwell Financial Labs

14 investors across 4 rounds

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Funding rounds

  1. Series B

    Mar 25, 2021

    Amount

    $16M

    Investors

    Locked

  2. Series A

    Sep 3, 2019

    Amount

    Undisclosed

    Investors

    Locked

  3. Seed

    Dec 4, 2017

    Amount

    $3M

    Investors

    Locked

  4. Seed

    Nov 14, 2016

    Amount

    $1.9M

    Investors

    Locked

Questions about Maxwell Financial Labs

Who invested in Maxwell Financial Labs?

Maxwell Financial Labs has 14 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 Maxwell Financial Labs raised?

Maxwell Financial Labs has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Maxwell Financial Labs last raise money?

Maxwell Financial Labs's most recent round on record is a Series B, in Mar 2021.

What does Maxwell Financial Labs do?

Based in Colorado, US and founded in 2015, Maxwell Financial Labs, Inc.

Where is Maxwell Financial Labs headquartered?

Maxwell Financial Labs is headquartered in Denver, US.

Which VCs invest in companies like Maxwell Financial Labs?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Maxwell Financial Labs's stage. Their profiles are linked below.

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