FundMore.ai is an automated underwriting system that uses machine learning to streamline the pre-funding process for loans.
FundMore is an automated solution machine learning to streamline the funding process for loans. Our platform lets lenders leverage customizable automation, enhance the borrower experience through analytics, reduce risk using AI.FundMore automates the loan origination process for mortgage lenders. From our inception we have been focused on providing a simpler mortgage experience for Canadians by being the leader in mortgage process automation. We began our journey by providing brokers and lenders access to the most advanced and secure document management platform in Canada, completely automating the process in a mobile, web and app environment. We augmented our core offerings in 2020 by launching the FundMore AI, a complete underwriting system and we will shortly be launching FundMore IQ.Our mission is to provide a completely underwritten mortgage decision in minutes. We are working toward making this a reality by aggregating data from our third-party partners and using FundMore’s AI document reader to quickly analyze physical documents and subsequently digitize, recognize, extract, sort and validate the data to confirm the mortgage conditions.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Aug 5, 2021 | Non-Equity Assistant | — | 1 | — | — | Detail |
Aug 1, 2020 | Pre-seed | — | — | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Invest Ottawa | — | Non-Equity Assistant |