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Copperlane secures $4.1M in seed funding led by TQ Ventures to accelerate its AI mortgage loan officer, Penny, designed to streamline document reviews.

PRIVATEJun 12, 2026

Amount Raised

$4.1 Million

Round Type

Seed

Financial ServicesArtificial IntelligenceFintechLending

Investors

Valon MortgageY CombinatorUS News Digital VenturesMercorTQ Ventures

Description

Copperlane, an AI-native mortgage origination platform, has raised $4.1 million in seed funding. The round was led by TQ Ventures, with participation from Y Combinator and others. The funding will help scale its automated AI mortgage loan officer, aimed at significantly reducing document review times. Founders Athan Zhang and Brianna Lin emphasize the goal of democratizing access to mortgages for all Americans.

Quick answer

Copperlane raised $4.1 Million in a Seed round, dated June 12, 2026. Investors: Valon Mortgage, Y Combinator, US News Digital Ventures, Mercor and TQ Ventures.

How much did Copperlane raise?
Copperlane raised $4.1 Million in a Seed round on June 12, 2026.
Who invested in Copperlane?
Valon Mortgage, Y Combinator, US News Digital Ventures, Mercor and TQ Ventures are named as investors in this round.
What does Copperlane do?
Copperlane is an AI-native mortgage origination platform that has developed an autonomous AI mortgage loan officer named Penny.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as Copperlane that raised within 45 days of this round, from Fundz verified event records.

  • Mbanq raised an undisclosed amount (Debt Financing) on July 24, 2026.
  • Augustus raised $180M (Series B) on July 21, 2026.
  • Mal raised $230M (Seed) on May 19, 2026.
  • Chancen International raised $30M on July 27, 2026.
  • Erebor raised $175M (Series A) on July 24, 2026.
  • Psympl raised $100K (Pre-Seed) on July 22, 2026.

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Company Information

Company

Copperlane

About

Copperlane is an AI-native mortgage origination platform that has developed an autonomous AI mortgage loan officer named Penny. This technology aims to significantly reduce the time spent on document reviews, making the mortgage process more efficient. By analyzing thousands of pages of documents, Penny provides valuable insights for human staff, enhancing the overall experience for both lenders and borrowers. The company’s mission is to democratize mortgages for all Americans.

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

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