American Family’s venture capital unit has contributed to a $22.5m round that will support the digital mortgage lender's US expansion.
US-based online mortgage lender Neat Capital completed a $22.5m series B round yesterday featuring American Family Ventures, the strategic investment arm of insurance group American Family.
Venture Capital firm Left Lane Capital led the round, which also included undisclosed existing backers. The company said it has now raised $37.2m of equity funding to date.
Founded in 2015, Neat Capital provides mortgage loans through an online platform it claims can approve its customers three times faster than the industry average. It…
