About Polly
Polly is a company based in San Francisco (United States) founded in 2019 by Adam Carmel. It operates as a SaaS (Software-as-a-Service), and FinTech. Polly has raised $77 million across 3 funding rounds from investors including First American, Khosla Ventures and Fifth Wall. Polly offers products and services including Product and Pricing Engine, Loan Trading Exchange, Data and Analytics, and Artificial Intelligence. Polly operates in a competitive market with competitors including MAX Exchange, Pontoro, Xchange.Loans, Paperstac and Resitrader, among others.
- Headquarter San Francisco, United States
- Founders Adam Carmel
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Pollyex, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$77 M (USD)
in 3 rounds
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Latest Funding Round
$25 M (USD), Series B
Sep 10, 2024
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Investors
First American
& 9 more
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Employee Count
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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 Total Funding
- Total Rounds 3
- Last Round Series B — $25.0M
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First Round
First Round
(25 Mar 2021)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series B - Polly | Valuation | 8VC | |
| Jan, 2022 | Amount | Series B - Polly | Valuation | Menlo Ventures | |
| Mar, 2021 | Amount | Series A - Polly | Valuation | 8VC |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in technology, life sciences, and related sectors.
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Founded Year | Domain | Location | |
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward US-based companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Polly
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Polly
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Polly Comparisons
Competitors of Polly
Polly operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MAX Exchange, Pontoro, Xchange.Loans, Paperstac and Resitrader, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mortgage loans are bought and sold via an online platform.
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| domain | founded_year | HQ Location |
An online platform is provided for trading tokenized loan portfolios.
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| domain | founded_year | HQ Location |
Loan portfolios are traded through an online marketplace platform.
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| domain | founded_year | HQ Location |
An online marketplace for trading mortgage notes is developed.
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| domain | founded_year | HQ Location |
A secondary marketplace for mortgage loans is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Polly
Frequently Asked Questions about Polly
When was Polly founded?
Polly was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Polly located?
Polly is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Polly?
Adam Carmel is the current CEO of Polly. They have also founded this company.
Is Polly a funded 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 25, 2021.
What does Polly do?
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.
Who are the top competitors of Polly?
Polly's top competitors include MAX Exchange, Pontoro and Xchange.Loans.
What products or services does Polly offer?
Polly offers Product and Pricing Engine, Loan Trading Exchange, Data and Analytics, and Artificial Intelligence.
Who are Polly's investors?
Polly has 10 investors. Key investors include First American, Khosla Ventures, Fifth Wall, Movement Mortgage, and 8VC.
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