StoicLane Funding, Investors & Competitors

StoicLane has raised $145M across 3 funding rounds, most recently a $6M Series A in January 2024.

Last StoicLane funding round

$6M

Series A · Jan 2024

Cumulative funding StoicLane raised

$145M

across 3 funding rounds

StoicLane Overview

About StoicLane

StoicLane is a U.S.-headquartered private holding company investing in real estate developments and financial services platforms. It provides operational support and capital to owners for property acquisitions, renovations, and portfolio expansions. StoicLane targets multifamily housing and commercial properties in secondary markets across North America.


Founded

2021

HQ

United StatesChicago, IL

Status

Privately held

Customer focus

B2B

Revenue model

Investment management

StoicLane Funding History

StoicLane has raised a total of $145M across 3 funding rounds.

StoicLane's first fundraising round was a $50M undisclosed-stage round in October 2021. The most recent completed round was a $6M Series A in January 2024.

StoicLane funding rounds

StoicLane funding rounds
DateStageRaisedDeal Summary
Jan 2024Series A$6MStoicLane is a long-term growth and acquisition platform building Finance, Insurance & Real Estate (FIRE) businesses, providing operational expertise and strategic capital to owners and management. The company has raised $174.51M over 6 rounds, with the latest being a Convertible Note for $28.52M on August 30, 2024 from undisclosed investors. Earlier, StoicLane was raising $49.805M in new equity investment as per SEC filings, with President Matthew Foran involved, to support expansion and product development. StoicLane led a $175M funding round for Interfirst Mortgage and acquired a majority stake in Lender’s Valuation Services (LVS), aiming to create one of the largest appraisal management companies in the US.
May 2022Undisclosed stage$89MStoicLane is a Chicago-based private holding company and long-term growth platform focused on building Finance, Insurance, and Real Estate (FIRE) businesses, providing operational expertise and strategic capital to owners and management for transformation and growth. The company specializes in real estate and financial services, with subsidiaries like Triserv, which was acquired. Leadership includes President Matthew Foran, who has been involved in securing investments. Other filings note smaller raises like $6.43 million on January 25, 2024.
Oct 2021Undisclosed stage$50MStoicLane is a Chicago-based private holding company specializing in real estate and financial services, particularly mortgage services. It has raised a total of $174.51M over multiple rounds, including a Series B-II with QED Investors and later rounds like a $28.52M Convertible Note in August 2024 and $6.43M in January 2024. The company has subsidiaries like Triserv and focuses on innovation in the appraisal and mortgage industries. In October 2021, StoicLane led a $175M corporate minority investment in Interfirst Mortgage alongside MFA Financial and Oaktree Capital Management. Shortly after, it acquired a majority stake in Lender’s Valuation Services (LVS), an appraisal management company, as the first move for its mortgage services platform aiming to provide tech-enabled closing solutions and grow LVS into one of the largest AMCs in the US.

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Acquisitions by StoicLane

StoicLane has acquired 3 companies to date.

Last acquisition by StoicLane was on May 16th 2022. StoicLane acquired Triserv Appraisal Management Solutions for undisclosed valuation.


Latest Acquisitions by StoicLane

Triserv Appraisal Management Solutions
Brentwood Property Appraisal
Lender's Valuation Services
Description
Triserv Appraisal Management Solutions is a provider of residential real estate valuation services based in Draper, Utah. It manages appraisal orders for lenders, delivering compliant reports for mortgage origination, refinancing, and home equity lines. The firm covers single-family homes, condos, and manufactured housing nationwide through a network of certified appraisers. Triserv ensures adherence to Fannie Mae, Freddie Mac, and Dodd-Frank regulations while offering portfolio monitoring and equity valuation products. Lenders rely on its panel management and turnaround times averaging under five business days for purchase transactions.
Brentwood Property Appraisal is an appraisal management firm handling high-end residential and commercial properties in California and New York markets. The company manages panels of certified appraisers for lenders and financial institutions seeking accurate valuations in luxury segments.
Lender’s Valuation Services is a U.S. national appraisal management company that supplies appraisal, valuation, and review services to banks, mortgage brokers, credit unions, and financial institutions nationwide. Headquartered in Meridian, Idaho, it manages a panel of over 6,000 certified appraisers across all 50 states and complies with Fannie Mae, Freddie Mac, and FHA standards. The company delivers residential, commercial, and specialty valuations within 48 hours on average, supported by proprietary tracking software for order management and quality control. Lender’s Valuation Services handles millions in annual appraisal volume.
HQ CountryUnited StatesUnited StatesUnited States
HQ City
Atlanta, GA
Los Angeles, CA
Sacramento, CA
Deal Date16 May 202211 Jan 202220 Oct 2021
Valuationundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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StoicLane Competitors

StoicLane competitors include listed companies like RBR Desenvolvimento, Marsh, Vingroup and Bajaj Finance, and private ones like Maple Leaf Sports & Entertainment and Euroclear.

Public and private companies comparable to StoicLane
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
RBR DesenvolvimentoBrazilBrazilPublicly listed$307K-$4.7B-
MarshUnited StatesUnited StatesPublicly listed$27B$7.4B$83B3.7x
VingroupVietnamVietnamPublicly listed$13B$3.1B$70B5.0x
Bajaj FinanceIndiaIndiaPublicly listed$5.2B$2.7B$66B16.6x
Maple Leaf Sports & EntertainmentCanadaTorontoPrivate--$15B-
EuroclearBelgiumBrusselsPrivate--$8.3B-

StoicLane Public Comps

StoicLane is still privately-owned, but its public comps include Marsh, Vingroup, Bajaj Finance, Samsung C&T, Sun Hung Kai Properties, D.R. Horton, Goodman Group, Emaar Properties, Mitsubishi Estate and China State Construction Engineering.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Marsh$27B$7.4B3.9x3.7x14.2x13.0x
Vingroup$13B$3.1B6.2x5.0x25.8x37.1x
Bajaj Finance$5.2B$2.7B19.8x16.6x37.3x29.7x
Samsung C&T$30B$3.8B1.5x1.4x11.9x13.2x
Sun Hung Kai Properties$10B$4B4.8x4.2x12.4x12.4x
D.R. Horton$34B$4.7B1.3x1.4x9.5x10.4x
Goodman Group$1.8B-21.7x16.9x-20.0x
Emaar Properties$13B$6.9B2.0x1.9x3.9x4.0x

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Common questions about StoicLane

When was StoicLane founded?StoicLane was founded in 2021.
Where is StoicLane headquartered?StoicLane is headquartered in Chicago, IL, United States.
Is StoicLane publicly listed?No, StoicLane is a private company.
How much funding has StoicLane raised?StoicLane has raised $145M across 3 funding rounds.
What was StoicLane's last funding round?StoicLane's last funding round was a $6M Series A in January 2024.
Which companies are comparable to StoicLane?Companies comparable to StoicLane include RBR Desenvolvimento, Marsh, Vingroup, Bajaj Finance, Maple Leaf Sports & Entertainment and Euroclear.
How many companies has StoicLane acquired?StoicLane has acquired 3 companies, including Triserv Appraisal Management Solutions, Brentwood Property Appraisal and Lender's Valuation Services.

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