Stavvy builds paperless and digital transaction platforms for banking and lending, offering eClosing functionality such as remote signature, remote notary, and integrated video conferencing. The company focuses on reducing security risk, eliminating fragmentation, and increasing speed, efficiency, and transparency in lending and banking. Stavvy has pursued integrations and certifications including integration with ICE Mortgage Technology’s Encompass platform, MISMO Certified Remote Online Notarization provider status, and a native eSign and hybrid transaction toolset. The company plans to use new funding to expand hiring and accelerate growth in digital solutions for banking and loan servicing. Stavvy has seen rapid operational growth—expanding staff more than 400% in 2020—and has been selected to HousingWire’s 2021 Tech100 Mortgage Winners List. The firm has positioned its technology to assist consumers with COVID-related loan relief through partnerships such as its alliance with Flagstar Bank.

Total raised

$40M

Funding rounds

1

Latest round

Series A

Latest activity

May 2021