Beeline, a start-up mortgage lender that combines automation and AI to deliver a digital mortgage experience, has completed a Series A round of financing for an undisclosed amount.
The capital will be invested in automation and artificial intelligence (AI), the company says in a release.
The round of financing was led by the Cavalry Fund and included participation from strategic co-investors Atalaya Capital Management, Ellington Financial Inc., and Australia-based Pipeline Capital.
The latest transaction