Next wave of Lending disruption....Real Estate finance including mortgages!
LendingHome, co-founded by President James Herbert, disclosed on Friday that it raised $70 million in new funding less than a year after it raised it last round. LendingHome disclosed on Friday that it raised $70 million in new funding for its online platform which allows individuals and institutions to invest in real estate transactions. The funding was disclosed in an SEC filing that listed Renren CEO Joseph Chen as a new director. When the company raised a $28 million Series B round last August led by Foundation Capital. That firm's Charles Moldow was named a partner at that time, along with Ribbit Capital’s Meyer Malka.