# PollyEx

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

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.polly.io/
- Total disclosed funding: $60M
- Latest round: Series B (Dec 21, 2021)
- Investors on record: 12

## About

Founded in 2019 by its CEO, Adam Carmel, and based in California, US, PollyEx, Inc., operates as a software-as-a-service company that provides software solutions such as loan origination systems and financial data for the capital market. In December 2021, PollyEx, Inc., raised USD 37.24 million in Series B funding, led by returning investor Menlo Ventures, with participation from other returning investors 8VC, Fifth Wall Ventures, and Khosla Ventures. As of 2022, the company has partnered with companies like Incenter Mortgage Advisors, MOZAIQ, Flatirons, and ALM First. The company offers a mortgage technology platform that provides dynamic margin management, rule configuration, lock desk automation used to configure rules, manage margin strategies, and distribute pricing across all channels and automate the various workflows like locks, extensions, re-locks, re-prices, price exceptions. The company automates bidding by commitment optimization and provides analytics solutions by analyzing loan data and turning it into insights and structured reports. In September 2024, Polly raised USD 25 million in growth funding led by 8VC, with participation from Fifth Wall Ventures, Khosla Ventures, Menlo Ventures, and Meritech Capital Partners.

## Funding rounds

- Series B, Dec 21, 2021, $37M — Menlo Ventures, Khosla Ventures, 8VC, Fifth Wall Ventures, Fin Capital, First American Financial Corporation, Movement Mortgage, LLC
- Series A, Jan 14, 2021, $18M — Menlo Ventures, Meritech Capital Partners, Conversion Capital, 8VC, Fifth Wall Ventures, Base10 Partners
- Series A, Apr 3, 2019, $5M — Meritech Capital Partners, Khosla Ventures, SV Angel, Nyca, Fifth Wall Ventures, Base10 Partners

## Investors

- Meritech Capital Partners (https://capitalatlas.ai/funds/meritech-capital-partners) — Series A
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A, Series B
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A
- Nyca (https://capitalatlas.ai/funds/nyca) — Series A
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Series A, Series B
- Base10 Partners (https://capitalatlas.ai/funds/base10-partners) — Series A
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series A, Series B
- Conversion Capital (https://capitalatlas.ai/funds/conversion-capital) — Series A
- 8VC (https://capitalatlas.ai/funds/8vc) — Series A, Series B
- Fin Capital (https://capitalatlas.ai/funds/fin-capital) — Series B
- First American Financial Corporation — Series B
- Movement Mortgage, LLC — Series B