Led · Series A · Sep 2018

Silvernest is a Denver, CO-based online roommate-matching platform that uses a proprietary algorithm to match boomer homeowners with housemates for long-term home sharing. The platform offers a comprehensive tool set including identity verification, background checks, lease creation, automated payments, mediation and legal support. Launched in late 2015 and led by CEO Wendi Burkhardt, the company has expanded to all 50 states. To date it has made nearly 40,000 qualified matches. Silvernest raised $3M in a Series A led by Incenter, bringing total funding to date to $4.45M. The company intends to use the new funds to expand its user base, acquire new talent and build out its digital platform with new features and functionality. Silvernest is a Denver, CO-based online platform that matches boomers, retirees, empty nesters and other aging adults with compatible long-term housemates. The service pairs homeowners and housemates using behavioral profiles and demographic preferences and supports full background checks, secure in-platform communication, state-specific leases, and rent processing. Silvernest says users can earn an average of $10,000 a year and remain in their homes longer. Launched in late 2015 and led by CEO Wendi Burkhardt, the company has expanded to all 50 states and reached nearly 20,000 registered users with 16,000 matches. The company has added product and advisory talent—hiring Ben Beierwaltes as VP of product development and adding Eddie Thomas to its advisory board. Silvernest intends to use the new funding to scale the business and invest in product advancements.

Led · Series B · Mar 2017

Cloudvirga provides digital mortgage point-of-sale (POS) software that combines a borrower-facing experience with an automated lender workflow. Its platform is designed to cut overall loan costs, increase transparency and reduce the time to close loans. The company sells to mortgage originators and its customers include eight of the top 40 non-bank mortgage originators. Led by CEO Michael Schreck, Cloudvirga intends to use new funding to expand operations and continue product development. Prior to the latest round the company had raised over $27m across earlier financings. Cloudvirga is headquartered in Irvine, Calif. cloudvirga, based in Irvine, Calif., develops an intelligent mortgage point-of-sale (POS) platform. Its flagship POS automates the entire initial disclosures process, leveraging data and automated workflows. The platform is designed to reduce overall cost, increase transparency and shorten the time it takes to close a loan for both borrowers and lenders. The company was founded by Bill Dallas, Kyle Kamrooz and Mark Attaway. cloudvirga raised $15M in a Series B and intends to use the funds to scale its technology and expand its product offerings. Cloudvirga is an Irvine, Calif.-based developer of a cloud intelligent Mortgage Platform (iMP) that streamlines the mortgage process with data-driven automation and automated workflows. The platform is designed to reduce costs, increase transparency, and shorten loan closing times for borrowers and lenders. Since launching in August 2015, the company has processed nearly $5B in loans. The company was founded by Bill Dallas, Kyle Kamrooz, and Mark Attaway. Cloudvirga raised $7.5M in a Series A led by Dallas Capital with participation from Upfront Ventures and Tribeca Angels. It plans to use the funding to scale its enterprise cloud platform and hire key staff for implementation.