Sherlok Technology
Latest round
- Seed
Last raised
- Jun 2023
Total raised
- $3.4M
Investors
- 1
About Sherlok Technology
Founded in 2017 and based in Adelaide, Australia, Sherlok Technology Pty Ltd. operates as a financial technology company that offers a retention and refinance online platform where users can automatically reprice and refinance mortgages and other loans. The company was founded by its CEO, Adam Grocke. In June 2023, Sherlok Technology Pty Ltd. The company offers a comprehensive solution for brokers' needs by providing an automated repricing and refinancing technology that increases loan book growth while preventing clawback commissions. By integrating technology and data analytics, the firm streamlines the operation of repricing and refinancing, allowing brokers to optimize loan packages and deliver customised solutions to their clients. Sherlok monitors interest rates, identifies when homeowners can be eligible for a lower rate with their present lender, and automatically reprices the house loan on the brokers' behalf. The platform also analyses clients' interest rates with other lenders, identifies potential refinancing prospects from the broker's existing trail book, and provides the recommendations directly to the broker's inbox. The startup generates revenue through its monthly subscription plans, which include the starter plan for USD 89 per broker, the premium plan for USD 179 per broker, and the ultimate plan for USD 224 per broker.
Who invested in Sherlok Technology
1 investor across 1 round
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Funding rounds
Seed
Jun 28, 2023
Amount
$3.4M
Investors
Questions about Sherlok Technology
Who invested in Sherlok Technology?
Sherlok Technology has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Sherlok Technology raised?
Sherlok Technology has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Sherlok Technology last raise money?
Sherlok Technology's most recent round on record is a Seed, in Jun 2023.
What does Sherlok Technology do?
Founded in 2017 and based in Adelaide, Australia, Sherlok Technology Pty Ltd.
Where is Sherlok Technology headquartered?
Sherlok Technology is headquartered in Adelaide, Australia.
Which VCs invest in companies like Sherlok Technology?
Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Immutable Ventures back software companies at Sherlok Technology's stage. Their profiles are linked below.
VCs backing software startups at Seed
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