Molo (Financial Software) Overview
- Year Founded
-
2017
- Status
-
Acquired/Merged
- Employees
-
60
- Latest Deal Type
-
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 |
---|---|---|---|---|---|---|
6. Merger/Acquisition | 06-Aug-2024 | Completed | Generating Revenue | |||
5. Later Stage VC (Series B) | 28-Feb-2023 | Completed | Generating Revenue | |||
4. Debt - General | 17-Mar-2022 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A) | 05-Oct-2020 | Completed | Generating Revenue | |||
2. Debt - General | 28-Aug-2020 | $328M | $333M | 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)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
MQube | Venture Capital-Backed | Guildford, United Kingdom | ||||
Athena | Venture Capital-Backed | Sydney, Australia | ||||
Pretto | Venture Capital-Backed | Paris, France | ||||
Plum (Financial Software) | Venture Capital-Backed | London, United Kingdom | ||||
Better ( Thrifts and Mortgage Finance) | Formerly VC-backed | New York, NY |
Molo (Financial Software) Executive Team (12)
Name | Title | Board Seat |
---|---|---|
Matthew Kimber | Chief Executive Officer, Board Member & Advisor | |
Natalia Roshchupko | Chief Technology Officer | |
Neil Jones | Financial Director | |
Mark Michaelides | Chief Commercial Officer | |
Andrew Chepul | Executive Chairman & Advisor |
Molo (Financial Software) Board Members (10)
Name | Representing | Role | Since |
---|---|---|---|
Andrew Chepul | Molo (Financial Software) | Executive Chairman & Advisor | |
Geir Olsen | Self | Board Member & Advisor | |
Ilias Pavlopoulos | ColCap | Board Member & Advisor | |
Lynda Blackwell | Self | Board Member & Advisor | |
Nigel Batley | Self | Board Member & Advisor |
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.
-
Who is the founder of Molo (Financial Software)?
Francesca Carlesi and Leo Gruenstein are the founders of Molo (Financial Software).
-
Who is the CEO of Molo (Financial Software)?
Matthew Kimber is the CEO of Molo (Financial Software).
-
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, Pretto, Plum (Financial Software), and Better ( Thrifts and Mortgage Finance) 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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