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§ Private Profile · Irvine, CA, USA
Digital point-of-sale mortgage platform that streamlines loan origination for mortgage lenders and originators, automating workflows.
California-based Cloudvirga develops a digital point-of-sale mortgage platform that automates complex loan origination workflows from initial application through back-office processing for lenders and brokers. Operating as a software provider, the company's technology has been utilized by nine of the top forty non-bank mortgage originators across the United States. Prior to its acquisition, the enterprise experienced substantial operational scale, doubling its annual revenue while increasing application volume by over 300 percent during the 2020 fiscal year. The core software architecture integrates directly with major institutional credit and pricing systems, including Fannie Mae Desktop Underwriter and Freddie Mac Loan Product Advisor. Stewart Information Services Corp. acquired the business in May 2021 to expand its digital real estate capabilities alongside notary and valuation services. Cloudvirga was founded in 2016 by Bill Dallas, Kyle Kamrooz, and Mark Attaway.
Cloudvirga has raised $72.5M across 3 funding rounds.
Cloudvirga has raised $72.5M in total across 3 funding rounds.
Cloudvirga has raised $72.5M across 3 funding rounds. Most recently, it raised $50.0M Series C in May 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 17, 2018 | $50M Series C | JAY Schneider | Upfront Ventures | Announced |
| Mar 27, 2017 | $15M Series B | Incenter | — | Announced |
| Jul 28, 2016 | $7.5M Series A | Dallas Capital | Tribeca Early Stage Partners, Upfront Ventures | Announced |
Cloudvirga has raised $72.5M in total across 3 funding rounds.
Cloudvirga's investors include Jay Schneider, Upfront Ventures, Incenter, Dallas Capital, Tribeca Early Stage Partners.