Amount Raised
$10 Million
Round Type
Seed
Investors
Description
LXA, a technology startup focused on reimagining Asia's mortgage ecosystem, today announced the completion of its US$10 million seed funding round led by New Enterprise Associates, Inc. (NEA), with participation from Openspace Ventures and EDBI. Geared towards matching institutional capital pools and residential mortgage borrowers, this platform aims to utilize end-to-end technology to streamline the entire mortgage lifecycle, from loan origination and borrower processing to loan servicing.
Quick answer
LXA raised $10 Million in a Seed round, dated November 9, 2023. Investors: New Enterprise Associates, Edbi and Openspace Ventures. LXA is based in Singapore.
- How much did LXA raise?
- LXA raised $10 Million in a Seed round on November 9, 2023.
- Who invested in LXA?
- New Enterprise Associates, Edbi and Openspace Ventures are named as investors in this round.
- What does LXA do?
- LXA is a Singapore-based fintech company that is unlocking non-depository capital for the Asian mortgage market.
- Where is LXA based and how big is it?
- LXA is based in Singapore.
- Who are the decision-makers at LXA?
- Fundz holds 1 contact at LXA. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as LXA that raised within 45 days of this round, from Fundz verified event records.
- Kapital raised $125M (Debt Financing) on December 14, 2023.
- Aye Finance raised $37M on December 13, 2023.
- Lendo raised $28M (Series B) on December 10, 2023.
- Ellipsis Labs raised $23M on December 6, 2023.
- FrontEdge raised $10M on November 22, 2023.
- Defacto raised an undisclosed amount (Series A) on November 14, 2023.
Who to call at LXA, and when
A new round usually means LXA is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day LXA raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at LXA, from your own LinkedIn network
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Related People
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