# Pylon

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pylon-2

- Industry: Software
- Headquarters: New York, US
- Website: www.pylonlending.com
- Total disclosed funding: $7.3M
- Latest round: Seed (Mar 17, 2022)
- Investors on record: 5

## About

Based in New, York, US, and founded in 2021 by Trent Hedge (CEO), and Marco Monteiro (CTO), Embed Inc., doing business as Pylon, operates as a software company that provides a financial technology platform that offers mortgage services digitally. In November 2024, Pylon raised an undisclosed amount of venture funding from new investors Citi Sprint and Citi Ventures, with participation from returning investors Fifth Wall Ventures, Conversion Capital, Allegis Capital, and QED Investors. An individual investor also participated in the round. 


 Pylon creates software and financial infrastructure to enable businesses to integrate mortgage lending. Furthermore, the company provides scalable software and financial infrastructure, rather than being a mortgage lender or point of contact, to enable the next generation of integrated lending experiences. Additionally, the technology enables FinTechs, PropTechs, banks, and retail brands to emerge, insure, process, fund, and close loans on their developer-focused platform. The company plans to use the November 2024 funding to expand its market base.

## Funding rounds

- Seed, Mar 17, 2022, $7.3M — QED Investors, Conversion Capital, Montage Ventures, Fifth Wall Ventures, Village Global

## Investors

- QED Investors (https://capitalatlas.ai/funds/qed-investors) — Seed
- Conversion Capital (https://capitalatlas.ai/funds/conversion-capital) — Seed
- Montage Ventures (https://capitalatlas.ai/funds/montage-ventures) — Seed
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Seed
- Village Global (https://capitalatlas.ai/funds/village-global) — Seed
