About Polly
Polly is a Financial Services company based in San Francisco (United States) founded in 2019 by Adam Carmel. Loan servicing solutions are provided for mortgage lenders. It operates on a SaaS (Software-as-a-Service) and FinTech model. Polly has raised $77 million across 3 funding rounds from investors including First American, Khosla Ventures and Fifth Wall. Its chief executive, as recorded, is Adam Carmel. Polly offers products and services including Product and Pricing Engine, Loan Trading Exchange, Data and Analytics, and Artificial Intelligence. Its focus areas include Mortgage Technology and Capital Markets Solutions. Its legal entity is POLLYEX, INC. Its competitors include MAX Exchange, Pontoro and Xchange.Loans; 2 of its 3 listed competitors have raised funding.
Company details
Polly is engaged in delivering a vertically integrated capital markets platform for the mortgage industry. The companys solutions are built using patent-pending technology to automate and optimize the mortgage value chain, from rate lock to loan sale and delivery. Services are offered to lenders of varying sizes to scale operations with flexibility and configurability. The cloud-based platform is supported by modern technologies, ensuring advanced security and scalability. Data science and machine learning tools are integrated to enhance decision-making and operational efficiency within the mortgage sector.
- Total Equity Funding$77M (USD)
in 3 rounds
- Latest Funding Round$25M (USD), Series B
Sep 2024
- InvestorsFirst American
& 9 more
Products & Services of Polly
Polly offers a comprehensive portfolio of products and services, including Product and Pricing Engine, Loan Trading Exchange, Data and Analytics, and Artificial Intelligence.
Designed to maximize margins in loan pricing processes.
Connects buyers and sellers for transparent loan trading.
Provides real-time insights for informed mortgage operation decisions.
Empowers loan officers to improve outcomes and efficiency.
Funding Insights of Polly
Polly has successfully raised a total of $77M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $77M
- Total Rounds 3
- Last Round Series B — $25M
- First Round $15M
(Mar 2021)
- Investors Count 10
All 3 funding rounds of Polly with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2024 | $25M | Series B | – | 8VC | |
| Jan 2022 | $37M | Series B | – | Menlo Ventures | |
| Mar 2021 | $15M | Series A | – | 8VC |
10 investors in total: 10 institutional.
Investors in Polly
Polly has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include First American, Khosla Ventures and Fifth Wall.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in technology, life sciences, and related sectors. | 8vc.com | |||
Early-stage venture capital firm investing in AI, healthcare, and tech sectors. | menlovc.com | |||
Private equity investments are directed toward US-based companies. | meritechcapital.com | Palo Alto, United States | ||
Early-stage startups are funded by this venture capital firm. | 2004 | khoslaventures.com | Menlo Park, United States | |
Investments are made in early-stage tech startups by Fifth Wall. | 2016 | fifthwall.com | New York, United States | |
Venture capital firm focused on fintech and B2B SaaS companies | fin.capital | San Francisco, United States | ||
Venture capital firm focused on tech companies | conversioncapital.com | New York, United States | ||
Investments are managed by Base10 Partners in technology for the real economy, with operations in finance, food, retail, and related sectors. | base10.vc | |||
Mortgage loans are offered via online and mobile applications. | 2008 | movement.com | Fort Mill, United States | |
Title insurance and settlement services are provided globally. | 1889 | firstam.com | Santa Ana, United States |
Investor details for Polly
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Polly
33 people are tracked at Polly (11 in leadership, 6 in board & advisors, 16 in team).
| Name | Role | Group |
|---|---|---|
Adam Carmel | Founder & CEO | Leadership |
Josh Krivisky | Vp, Finance | Leadership |
Murtuza Habibulla | Head Of Customer Success & Account Management | Leadership |
Patrick Hetherton | Vice President Of Infrastructure & Security | Leadership |
Sara M. McCaffrey | Head Of Customer Success | Leadership |
Luke Braud | CTO | Leadership |
Jon Foy | Head of Product | Leadership |
John Levering | Head Of Operations | Leadership |
Zac Basile | Strategic Account Director | Leadership |
Jesse Decker | Chief Customer Officer | Leadership |
Olivia Bumb | VP, People | Leadership |
Tyler Sosin | Director | Board & advisors |
John Hamm | Director | Board & advisors |
Andrew Bon Salle | Director | Board & advisors |
Alex Kolicich | Director | Board & advisors |
Max Motschwiller | Director | Board & advisors |
Jonathan Corr | Director | Board & advisors |
Turner Jones | Enterprise Account Executive | Team |
James Schibli | Strategic Account Executive | Team |
Paul Yi | Controller | Team |
13 more people are available in the full profile.
Complete people profiles for Polly
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Polly
3 dated milestones of Polly across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Polly is founded.
- Funding First funding round of $15.0M.
- Funding Latest funding round, Series B, of $25.0M.
Competitors of Polly
Polly has 3 listed competitors in our database, 2 of them funded. They include MAX Exchange, Pontoro and Xchange.Loans.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| maxex.com | 2009 | Atlanta, United States | $72.14M | Mortgage loans are bought and sold via an online platform. | ||
| pontoro.com | 2018 | Mountain View, United States | $13.8M | An online platform is provided for trading tokenized loan portfolios. | ||
| xchange.loans | 2020 | Naples, United States | Loan portfolios are traded through an online marketplace platform. |
Detailed competitors of Polly
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Polly
The website of Polly (polly.io) receives about 5.7K visits a month.
- Monthly visits5.7K
▼ 28.4% vs previous month
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Polly (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about Polly
Complete news archive for Polly
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Frequently Asked Questions about Polly
Polly was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Polly is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Adam Carmel is the CEO of Polly, as recorded in our data. They have also founded this company.
Polly is a funded company, having raised a total of $77M across 3 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Mar 2021.
Polly is engaged in delivering a vertically integrated capital markets platform for the mortgage industry. The companys solutions are built using patent-pending technology to automate and optimize the mortgage value chain, from rate lock to loan sale and delivery. Services are offered to lenders of varying sizes to scale operations with flexibility and configurability. The cloud-based platform is supported by modern technologies, ensuring advanced security and scalability. Data science and machine learning tools are integrated to enhance decision-making and operational efficiency within the mortgage sector.
Polly's top competitors include MAX Exchange, Pontoro and Xchange.Loans.
Polly offers Product and Pricing Engine, Loan Trading Exchange, Data and Analytics, and Artificial Intelligence.
Polly has 10 investors. Key investors include First American, Khosla Ventures, Fifth Wall, Movement Mortgage, and 8VC.
Polly operates through Pollyex, Inc.