Pylon raised $17M in Series A funding led by Andreessen Horowitz to expand operations and development efforts.

Aug 30, 2024•over 1 year ago

Amount Raised

$17 Million

Round Type

series a

New York

Investors

Y CombinatorGeneral CatalystAndreessen Horowitz

Description

Pylon, a provider of a support platform for B2B companies, secured $17M in Series A funding. The round was led by Andreessen Horowitz with participation from General Catalyst, Y Combinator, and others, bringing the total amount raised to $20M.

Company Information

Company

Pylon

Location

New York, United States

About

Pylon is a provider of API-first, mortgage-as-a-service software + financial infrastructure. The technology allows FinTechs, PropTechs, banks, and retail brands to originate, underwrite, process, fund, and close loans atop their platform built for developers. Headquartered in New York, NY, the company was founded in 2022 by YC founders Trent Hedge and Marco Monteiro with their team hailing from Stripe, Better, Databricks, Instabase, and more. Investors include Conversion Capital, Fifth Wall, Peter Thiel, QED Investors, Montage Ventures, & Village Global. For more information, visit: pylonlending.com

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