MountainSeed provides appraisal management services, valuation technology and capital markets solutions to community banks and credit unions. Its Augur platform is an AI-powered valuation and appraisal review product designed to help financial institutions, appraisers and real estate firms manage risk and streamline credit workflows. The company intends to use the new capital to accelerate deployment of Augur, advance AI-powered product innovation, expand capital markets offerings and grow its go-to-market reach. Founded and led by CEO Carl Streck, MountainSeed highlighted a decade of serving banks and credit unions and emphasized strong customer relationships. The company has taken on a majority-minority equity partnership with Long Ridge Equity Partners and added Fifth Third Bank debt financing as part of the transaction. Legal counsel for the deal included Seyfarth Shaw for MountainSeed and Goodwin Procter for Long Ridge.

Total raised

$38M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2026