Valon Technologies Revenue, Valuation, Funding & Investors

Valon Technologies is valued at $1.1B as of October 2024, a 11.0x multiple on its last reported $100M revenue.

Last Valon Technologies valuation

$1.1B

Series C · Oct 2024

Last Valon Technologies funding round

$100M

Series C · Oct 2024

Valon Technologies revenue

$100M

Series C · Oct 2024

Key investors in Valon Technologies

  • Andreessen Horowitz
  • Bossa Invest
  • Human Capital
  • Recharge Capital
  • Rithm Capital
  • AlleyCorp

Valon Technologies Overview

About Valon Technologies

Valon Technologies is a San Francisco-headquartered residential mortgage servicer approved by Fannie Mae and Freddie Mac. It manages over $5 billion in loans using proprietary technology for self-service portals, automated payments, and equity release products. Valon serves homeowners nationwide with refinancing, cash-out options, and portfolio management tools.


Founded

2019

HQ

United StatesNew York City, NY

Website

valon.com

Status

Privately held

Customer focus

B2C

Revenue model

Services

Revenue

$100M (Oct 2024)

Valuation

$1.1B (Oct 2024)

Valon Technologies Valuation

Valon Technologies is currently valued at $1.1B, based on its Series C in October 2024.

The $100M round was led by Westcap, with participation from Andreessen Horowitz.

Valon Technologies' valuation has grown 1.9x from $590M at its Series B in November 2021 to $1.1B in October 2024, across 2 priced rounds.

Valon Technologies valuation by funding round

Revenue multiple
Valon Technologies valuation by funding round
DateStageValuationRevenue Multiple
Oct 2024Series C$1.1B11.0x
Nov 2021Series B$590M-

Valon Technologies Revenue

Valon Technologies' latest recorded revenue is $100M, as of its Series C in October 2024. At a $1.1B valuation, that implies a 11.0x revenue multiple.

Valon Technologies revenue by funding round

Valon Technologies revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Oct 2024$100M$1.1B11.0xSeries C

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Valon Technologies Funding History

Valon Technologies has raised a total of $197M across 4 funding rounds.

Valon Technologies' first fundraising round was a $3M seed round in January 2020. The most recent completed round was a $100M Series C in October 2024.

Valon Technologies funding rounds

Valon Technologies funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Oct 2024Series CWestcap (lead); Andreessen Horowitz$100M$1.1BValon Technologies is a vertically integrated mortgage servicing platform that leverages proprietary software to streamline processes, enhance transparency, and improve efficiency for homeowners, lenders, and servicers in the $25B U.S. mortgage servicing market. Founded in 2019, the company provides end-to-end servicing solutions, including cross-selling opportunities in property insurance and tax appeals, positioning it as a modern alternative to a historically tech-resistant industry. On October 23, 2024, Valon raised $100 million in a Series C funding round led by WestCap, with participation from Andreessen Horowitz and other new and existing investors, bringing total funding to $230 million. The round valued Valon at $1.1 billion post-money, with proceeds earmarked for accelerating product development, market expansion, and enhancing its platform to boost operational efficiency and customer experience. Valon has demonstrated strong traction, achieving 400% year-over-year growth, servicing over $65 billion in mortgages, and ranking as a top 15 U.S. subservicer, with claims of top-10 status and over one million loans under management in later discussions. The platform has driven substantial operating margin improvements for the company and its clients, contributing to profitability. CEO Andrew Wang emphasized building the 'servicing software platform of tomorrow,' while WestCap partner Josh Dart, joining the board, highlighted Valon's innovative features, market share gains, and best-in-class customer satisfaction. The funding underscores investor confidence in Valon's ability to transform mortgage servicing amid evolving market dynamics, potentially doubling or tripling the addressable market through expanded consumer offerings. Subsequent reports in 2025 noted over $100 million in revenue, reinforcing its growth trajectory.
Nov 2021Series BHuman Capital; Andreessen Horowitz; Rithm Capital; Starwood Capital Group; Freedom Mortgage; Marcelo Claure$44M$590MValon Technologies is a tech-enabled residential mortgage servicer founded in 2019 by Andrew Wang, Eric Chiang, and Jon Hsu, offering a cloud-based platform that provides borrowers with mobile-friendly access to manage payments, view balances, request information, and handle escrows. Lenders can access real-time API data feeds to monitor borrower performance and reconcile transactions. The platform is built on Kubernetes and targets a borrower-centric experience in the mortgage ecosystem. On November 3, 2021, Valon announced a $43.9 million equity funding round following a $50 million Series A in February 2021, bringing total funding to $93.9 million. Investors included Andreessen Horowitz, affiliates of Freedom Mortgage and Starwood Capital Group, Human Capital Management, Marcelo Claure (CEO of SoftBank Group International), New Residential Investment Corporation (an affiliate of Fortress Investment Group), and 166 2nd. The round valued the company at approximately $590 million, according to sources cited by Bloomberg. Proceeds were earmarked for hiring, developing loan originations and property insurance businesses, and potential strategic acquisitions. At the time, Valon operated in 49 U.S. states (with New York approval pending), had grown its employee base 4x to 100 across New York and Tempe, AZ, and planned to double to 200 by 2022. It secured approvals to service mortgages backed by Fannie Mae, Freddie Mac, and the Federal Housing Administration, becoming the first fintech servicer approved by all GSEs. The company reported over 20,000 consumers and expected $6 billion in mortgages serviced on its platform by year-end 2021.
Feb 2021Series AAndreessen Horowitz (lead); Jefferies; Human Capital; Rithm Capital; Recharge Capital; 166 2nd Financial Services; Bossa Invest$50M-Valon Technologies, founded in 2019 by Andrew Wang, Eric Chiang, and Jon Hsu, operates a tech-enabled digital mortgage-servicing platform aimed at improving borrower experience through mobile-first tools for payments, balances, escrows, and API data feeds. The company targets disrupting the mortgage servicing market dominated by incumbents like Black Knight, offering end-to-end servicing approved by Fannie Mae, Freddie Mac, and FHA. In February 2021, Valon raised $50M in a Series A round led by Andreessen Horowitz, with participation from Jefferies Financial Group, New Residential Investment (affiliate of Fortress), and 166 2nd LLC (Adam Neumann's family office), following a $3.2M seed. The funds were intended to triple headcount to 100 and acquire more mortgage servicing rights (MSR) contracts, with $10B in mortgages committed to be serviced within a year of launch. By late 2021, Valon conducted a follow-on $43.9M equity round on November 3, 2021, led by Starwood Capital Group affiliates, with Human Capital, Marcelo Claure (SoftBank Group International CEO), Freedom Mortgage, Andreessen Horowitz, New Residential, and 166 2nd, valuing the company at approximately $590M post-money. This brought total funding to $93.9M at that point, used for hiring engineers and servicing staff, developing loan origination and property insurance, and potential acquisitions. Valon reported expectations of servicing $5.5B-$6B in mortgages by end-2021 and $20B by end-2022, with 20,000+ consumers. Later, in October 2024 Series C, Valon raised $100M led by WestCap and Andreessen Horowitz at $1.1B valuation, totaling $230M-$193.9M raised, emphasizing product expansion into HELOCs, insurance, and tax appeals amid market evolution.
Jan 2020SeedSoros Fund Management; Zigg Capital; Kairos HQ; Recharge Capital; K50 Ventures; Bossa Invest; AlleyCorp$3M-Valon Technologies, founded in June 2019 by Andrew Wang, Eric Chiang, and Jon Hsu, operates a tech-enabled mortgage servicing platform designed to reduce costs by up to 50% through vertical integration and improve efficiency, transparency, and customer experience in the mortgage industry. The company previously raised $3.2 million in a seed round from investors including AlleyCorp, Soros Fund Management, Kairos HQ, and Zigg Capital, prior to its larger Series A funding. Valon aimed to challenge the dominance of legacy players like Black Knight, which controls over half of U.S. residential loans. The platform is built on Google Cloud with built-in security features such as default encryption and intrusion detection.

Who has invested in Valon Technologies?

16 investors have backed Valon Technologies across its funding rounds, including Andreessen Horowitz, Bossa Invest, Human Capital, Recharge Capital, Rithm Capital and AlleyCorp.

Lead investors include Westcap and Andreessen Horowitz.


Valon Technologies Investors

Investors in Valon Technologies by funding rounds participated
InvestorHQRoundsRoleFirst check
Andreessen HorowitzUnited StatesSan Francisco, CA3LeadFeb 2021
Human CapitalUnited StatesSan Francisco, CA2ParticipantFeb 2021
Rithm CapitalUnited StatesNew York City, NY2ParticipantFeb 2021
Recharge CapitalUnited StatesNew York City, NY2ParticipantJan 2020
Bossa InvestBrazilSão Paulo2ParticipantJan 2020
Soros Fund ManagementUnited StatesNew York City, NY1ParticipantJan 2020
Zigg CapitalUnited StatesNew York City, NY1ParticipantJan 2020
Kairos HQUnited StatesNew York City, NY1ParticipantJan 2020
JefferiesUnited StatesNew York City, NY1ParticipantFeb 2021
Starwood Capital GroupUnited StatesGreenwich, CT1ParticipantNov 2021
WestcapCanadaCanada1LeadOct 2024
Freedom MortgageUnited StatesMount Laurel, NJ1ParticipantNov 2021
166 2nd Financial ServicesUnited StatesUnited States1ParticipantFeb 2021

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Investments by Valon Technologies

Valon Technologies has invested in 1 company to date.

Latest investment by Valon Technologies was on June 11th 2026. Valon Technologies invested in Copperlane in their $4M Seed round.


Latest Investments by Valon Technologies

Copperlane
Description
Copperlane builds AI agents that collect documents, verify information, and pre-underwrite loans for mortgage lenders.
HQ CountryUnited States
HQ City
San Francisco, CA
Deal Date11 Jun 2026
RoundSeed
Raised$4M
InvestorsY Combinator; Mercor; TQ Ventures; US News Digital Ventures
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Valon Technologies Competitors

Valon Technologies competitors include listed companies like Agibank and PicPay, and private ones like Sunbit, DANA, Allica Bank and Flex.

Public and private companies comparable to Valon Technologies
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
SunbitUnited StatesLos Angeles, CAPrivate--$1.1B-
DANAIndonesiaJakartaPrivate--$1.1B-
Allica BankUnited KingdomLondonPrivate$293M$30M$1.2B4.1x
FlexUnited StatesMiami, FLPrivate--$1.2B-
AgibankBrazilBrazilPublicly listed$1.3B$227M$997M0.6x
PicPayBrazilBrazilPublicly listed$1.2B$205M$1.2B0.5x

Valon Technologies Public Comps

Valon Technologies is still privately-owned, but its public comps include Agibank, Superbank Indonesia, PicPay, Forbright Bank, Centuria Capital, Wema Bank, Walker & Dunlop, RFA Financial, MFA Financial and Judo Bank.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Agibank$1.3B$227M0.8x0.6x4.4x5.3x
Superbank Indonesia$89M-10.8x---
PicPay$1.2B$205M1.0x0.5x6.0x3.8x
Forbright Bank$325M-2.9x---
Centuria Capital$44M-27.5x5.4x-9.0x
Wema Bank$312M-2.8x---
Walker & Dunlop$1.2B$318M2.7x2.6x10.6x12.7x
RFA Financial$172M($66M)8.4x-(21.9x)-

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Common questions about Valon Technologies

When was Valon Technologies founded?Valon Technologies was founded in 2019.
Where is Valon Technologies headquartered?Valon Technologies is headquartered in New York City, NY, United States.
Is Valon Technologies publicly listed?No, Valon Technologies is a private, VC-backed company.
What is Valon Technologies' valuation?Valon Technologies was last valued at $1.1B in its Series C in October 2024.
How much funding has Valon Technologies raised?Valon Technologies has raised $197M across 4 funding rounds.
What was Valon Technologies' last funding round?Valon Technologies' last funding round was a $100M Series C in October 2024, led by Westcap.
Who are Valon Technologies' investors?Valon Technologies' investors include Andreessen Horowitz, Human Capital, Rithm Capital, Recharge Capital, Bossa Invest, Soros Fund Management, Zigg Capital, Kairos HQ, Jefferies, Starwood Capital Group and 6 others.
What is Valon Technologies' revenue?Valon Technologies' latest recorded revenue is $100M (October 2024).
What is Valon Technologies' revenue multiple?Valon Technologies' latest valuation implies a 11.0x revenue multiple ($1.1B valuation on $100M of revenue).
Which companies are comparable to Valon Technologies?Companies comparable to Valon Technologies include Sunbit, DANA, Allica Bank, Flex, Agibank and PicPay.
How many companies has Valon Technologies invested in?Valon Technologies has invested in 1 company, including Copperlane.
What was Valon Technologies' last investment?In June 2026, Valon Technologies invested in Copperlane's $4M seed round alongside Y Combinator, Mercor, TQ Ventures and 1 other investor.

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