Wells Fargo Strategic Capital took part in a $52.5m round for digital mortgage platform developer Maxwell while corporate-backed music distributor UnitedMasters closed a $50m series C.
Funding
US-based digital mortgage platform developer Maxwell has secured $28.5m in equity funding and $24m in debt financing from investors including financial services firm Wells Fargo’s Strategic Capital unit. The round was led by Fin VC and also featured TTV Capital, Prudence and Rotor Capital. Maxwell had raised $2m from Math Venture Partners, Techstars Ventures, Zelkova Ventures and Sovereign’s Capital in 2016, $3m from insurer Assurant, Anthemis Group and Route66 Ventures in 2017 and $16.3m from Fin VC, TTV…
