Mortgage Startup SimpleNexus Secures $108M in Funding

Digital mortgage platform developer SimpleNexus has locked in an additional $108 million in funding, the Utah-based company has announced.

The series B funding round was led by Insight Partners, a private equity firm, and is part of SimpleNexus’ plan to “transform the mortgage industry by seamlessly connecting the homeownership journey,” according to the press release.

SimpleNexus previously received $20 million in funding from Insight Partners.

Read the full press release.