.@Valon just raised a $150M Series D at a $2.3B valuation. Within six months of selling software, they signed over $200M in deals. (And they're hiring!) How the seven-year-old company got there: - Mortgage is $13 trillion of consumer debt running on a system built before the internet, and no servicer will trust a new platform. So Valon became one. - Co-founder Andrew Wang read every federal and state regulation, 18 hours a day for six months, and turned it into code. - They ran their own servicer on the software until it hit 3x the industry's efficiency, sold that servicer to a larger mortgage company, and now sell the software to everyone else. One of the biggest servicers in the US is moving 4 million loans onto it, nearly 10% of the market. Valon is hiring deployment strategists in NY and SF. Read more about their open roles: https://a16zjobs.substack.com/p/valon-just-raised-150m-as-it-prepares @xlindadu @wangandrewd