Molo (Financial Software) Overview
- Year Founded
-
2017
- Status
-
Acquired/Merged
- Employees
-
60
- Latest Deal Type
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M&A
Molo (Financial Software) General Information
Description
Operator of a digital lending platform designed to offer mortgages without papers and appointments. The company's platform helps users make smart, secure, and real-time lending decisions with the help of a proprietary algorithm and automated decision-making that evaluates the property and underwrites the mortgage, enabling users to get fair mortgages faster.
Contact Information
Website
www.molofinance.com(Operating Subsidiary)
Corporate Office
- 84 Eccleston Square
- Pimlico
- London SW1V 1PX
- England, United Kingdom
Corporate Office
- 84 Eccleston Square
- Pimlico
- London SW1V 1PX
- England, United Kingdom
Molo (Financial Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 06-Aug-2024 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series B) | 28-Feb-2023 | Completed | Generating Revenue | |||
| 5. Debt - General | 17-Mar-2022 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 05-Oct-2020 | Completed | Generating Revenue | |||
| 3. Debt - General | 28-Aug-2020 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 05-Sep-2019 | $5.08M | Completed | Generating Revenue | ||
| 1. Seed Round | 06-Jun-2018 | $5.08M | $5.08M | Completed | Generating Revenue |
Molo (Financial Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 670,553 | $0.012894 | $19.07 | $19.07 | 1x | $19.07 | 25.02% | |
| Ordinary | 420,137 | $0.012894 | $11.6 | $11.6 | 1x | $11.6 | 15.68% |
Molo (Financial Software) Comparisons
Industry
Financing
Details
Molo (Financial Software) Competitors (5)
One of Molo (Financial Software)’s 5 competitors is MQube, a Venture Capital-Backed company based in Guildford, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| MQube | Venture Capital-Backed | Guildford, United Kingdom | ||||
| Athena (Consumer Finance) | Venture Capital-Backed | Sydney, Australia | ||||
| Pretto | Venture Capital-Backed | Paris, France | ||||
| Plum (Financial Software) | Venture Capital-Backed | London, United Kingdom | ||||
| Better Home & Finance Holding | Formerly VC-backed | New York, NY |
Molo (Financial Software) Signals
Molo (Financial Software) Former Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Andenes Investments | Venture Capital | Minority | ||
| GPS Ventures | Venture Capital | Minority | ||
| HW Capital | Venture Capital | Minority | ||
| Macquarie Bank | Corporation | Minority | ||
| Patron Capital Advisers | Real Estate | Minority |
Molo (Financial Software) FAQs
-
When was Molo (Financial Software) founded?
Molo (Financial Software) was founded in 2017.
-
Where is Molo (Financial Software) headquartered?
Molo (Financial Software) is headquartered in London, United Kingdom.
-
What is the size of Molo (Financial Software)?
Molo (Financial Software) has 60 total employees.
-
What industry is Molo (Financial Software) in?
Molo (Financial Software)’s primary industry is Financial Software.
-
Is Molo (Financial Software) a private or public company?
Molo (Financial Software) is a Private company.
-
What is Molo (Financial Software)’s current revenue?
The current revenue for Molo (Financial Software) is .
-
How much funding has Molo (Financial Software) raised over time?
Molo (Financial Software) has raised $689M.
-
Who are Molo (Financial Software)’s investors?
Andenes Investments, GPS Ventures, HW Capital, Macquarie Bank, and Patron Capital Advisers are 5 of 7 investors who have invested in Molo (Financial Software).
-
Who are Molo (Financial Software)’s competitors?
MQube, Athena (Consumer Finance), Pretto, Plum (Financial Software), and Better Home & Finance Holding are competitors of Molo (Financial Software).
-
When was Molo (Financial Software) acquired?
Molo (Financial Software) was acquired on 06-Aug-2024.
-
Who acquired Molo (Financial Software)?
Molo (Financial Software) was acquired by ColCap.
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