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§ Private Profile · Boston, MA, USA
Reggora is a technology company.
Reggora is a modern appraisal management software that simplifies and shortens the appraisal workflow for mortgage lenders and appraisers, facilitating efficient connections and reducing costs.
Reggora has raised $61.0M across 4 funding rounds.
Reggora has raised $61.0M in total across 4 funding rounds.
Reggora has raised $61.0M across 4 funding rounds. Most recently, it raised $18.0M Other Equity in September 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 8, 2025 | $18M Venture Round | Centana Growth Partners | — | Announced |
| Jan 1, 2021 | $30M Series B | Spark Capital | Andreessen Horowitz, Cultivation Capital, Founder Collective, Gutbrain Ventures, Crystal Huang, High Alpha, HV Capital, Hyde Park Venture Partners, Insight Partners, Quiet Capital, SciFi VC, Sequoia Capital, Seven Seven SIX, Shine Capital, Union Square Ventures, Y Combinator, Fritz Demopoulos, Julian Stiefel, Julian Weselek, Marc Benioff, Rolf Schrömgens, Shane Neman, 1984 Ventures, Boston Seed Capital, GreenPoint Partners | Announced |
| Feb 1, 2020 | $10M Series A | Spark Capital | HV Capital, Sequoia Capital, Fritz Demopoulos, Julian Stiefel, Julian Weselek, Rolf Schrömgens, Boston Seed Capital | Announced |
| Jan 1, 2019 | $3M Seed | Spark Capital | HV Capital, Sequoia Capital, Fritz Demopoulos, Julian Stiefel, Julian Weselek, Rolf Schrömgens, Boston Seed Capital | Announced |
Reggora is a Boston-based software company that builds a modern, two-sided appraisal management platform for mortgage lenders and residential appraisers.[1][2][3] It automates key processes like payment processing, appraisal ordering, scheduling, rule-based reviews, delivery, status updates, and AI-powered appraisal reviews, solving pain points in the labor-intensive appraisal workflow to cut costs by up to $258 per loan file, shorten turn times (e.g., by 7 days for clients like Assurance Financial), and reduce repurchase risk.[1][3][4][5] Serving mortgage lenders and appraisal vendors nationwide, Reggora targets inefficiencies in residential real estate valuation, enabling faster loan closings, better borrower experiences, and operational efficiency through integrations with loan origination systems (LOS).[3][4][5]
As a Series B startup founded in 2016, Reggora demonstrates strong growth momentum with innovations like its 2023 AI-powered Reggora Appraisal Review, which uses natural language processing (NLP) for rapid report analysis, and proven ROI via case studies showing 35% turn time improvements and 15 hours weekly savings in manual invoicing.[2][3][4][6]
Reggora was founded in 2016 in Boston, Massachusetts, by CEO and co-founder Brian Zitin, who leads the company's mission to modernize the appraisal process in the mortgage industry.[1][3][4] Zitin identified appraisals as a major bottleneck—labor-intensive, delaying closings, and prone to errors—prompting the creation of a platform to streamline it end-to-end.[4] Early traction came from addressing core pain points like manual payments and scheduling, evolving into advanced features such as automated underwriting and AI reviews, with pivotal moments including client wins like Assurance Financial's 7-day turn time reduction and $150 per file margin boost.[1][4][5]
The company's rapid growth as a fast-paced Series B startup reflects its focus on practical innovation, building on founder expertise to deliver two-day appraisal goals amid digital mortgage transformation.[2][4][7]
Reggora rides the digital mortgage wave, where automation addresses appraisal delays amid rising homebuyer demands for speed and transparency in a market shifting toward efficient valuations.[4][5][7] Timing aligns with post-pandemic remote work, regulatory pressures on quality (e.g., repurchase risks), and tech adoption in lending, amplified by AI advancements like NLP for non-instantly automatable valuations.[3][6][7] Favorable forces include lender needs for cost cuts during volatile rates and the push for two-day turn times, positioning Reggora to influence ecosystem-wide efficiency by integrating with LOS/CRM tools and enabling hybrid panels (AMCs and direct appraisers).[1][4][5]
It shapes the landscape by proving ROI through data-driven case studies, fostering appraisal innovation that accelerates closings and borrower satisfaction in a $1.5 trillion+ U.S. mortgage market.[4]
Reggora's trajectory points to expanded AI enhancements, deeper LOS integrations, and scaling its vendor network to hit consistent two-day appraisals amid digital lending growth.[3][4][6] Trends like AI-assisted underwriting, regulatory compliance tech, and hybrid valuation models (human + automated) will propel it, especially as rates stabilize and volume rebounds.[6][7] Its influence may grow by setting standards for risk-reduced, efficient appraisals, potentially attracting acquisitions or further funding to dominate modernization.
From tackling appraisal headaches as a 2016 Boston startup, Reggora exemplifies how targeted tech unlocks mortgage efficiency.[1][2]
Reggora has raised $61.0M in total across 4 funding rounds.
Reggora's investors include Centana Growth Partners, Spark Capital, Andreessen Horowitz, Cultivation Capital, Founder Collective, Gutbrain Ventures, Crystal Huang, High Alpha, HV Capital, Hyde Park Venture Partners, Insight Partners, Quiet Capital.