Fundz

Brace Raises $10 Million in Series A Funding Led by Point72 Ventures

PRIVATEFeb 20, 2020

Amount Raised

$10 Million

Round Type

Series A

Los Angeles

Description

Brace, a digital mortgage-servicing platform, today announced that it has raised an additional $10M in Series A funding led by Point72 Ventures. The investment round, which received participation from existing investors, including Crosslink Capital, brings the company’s total funding to $15M in less than two years.

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Company Information

Company

Brace

Location

Los Angeles, California, United States

About

Brace is developing a full suite of digital solutions to service non-performing mortgage loans. The Company built the first-ever fully integrated workflow automation software solution that streamlines delinquent mortgage servicing. To learn more about Brace, please visit brace.ai

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Fundz sees it the moment Brace raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Brace raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.