Valon raises $150M Series D at a $2.3B valuation

Read the announcement

Take on the Impossible

Saving the world from mainframes, legacy systems, and outdated infrastructure.

We built the hard thing first.

Mortgage servicing moves real money, touches millions of homeowners, and runs under heavy regulation, on software older than the internet. We ran that operation ourselves for six years and turned it into ValonOS: one system of record for the loan, the money movement, the workflow, and the audit trail. The agents run on that same record.

$200B+

in unpaid principal balance on the platform

$2.3B

valuation in our Series D raise

3x

lower servicing cost compared to industry

1 in 6

U.S. mortgages are contracted to run on ValonOS

Modern Servicing Runs on ValonOS

A system of record for loans, money movement, workflows, and the decisions that connect them.

System of Record

Workflows

Task Management

ValonOS: The unified platform

$ npm install @valon/os

 

Installing ValonOS...

✓ AI agents configured

✓ Workflows ready

✓ Database connected

✓ Compliance checks passed

 

Tim Mayopoulos
“Mortgage servicing should foster trust and consumer confidence. ValonOS is the modern, auditable system of record that brings data integrity and operational rigor to the servicing stack. With governance built in, it enables servicers to deploy AI capabilities safely at scale in a highly regulated environment, raising the bar on performance without increasing risk.”

Tim Mayopoulos

Former President & CEO, Fannie Mae

Angela Strange
“We’ve backed Valon from early on, and we’ve come back in every round since, because they’ve done exactly what they said they would, in the order they said they’d do it. They became a licensed servicer, ran hundreds of thousands of loans themselves, proved the model on their own P&L, then brought the software to everyone else. And it earned them a right to win that you cannot shortcut: they own the system of record their AI runs on, in a trillion-dollar market.”

Angela Strange

General Partner, a16z

Michael Nierenberg
“We believe ValonOS will bring real operational efficiency, scalability, and innovation to Newrez and its clients. This is exactly the kind of early-stage opportunity we look for, where technology and vision can create outsized value over the long term.”

Michael Nierenberg

CEO, Rithm

Tim Mayopoulos
“Mortgage servicing should foster trust and consumer confidence. ValonOS is the modern, auditable system of record that brings data integrity and operational rigor to the servicing stack. With governance built in, it enables servicers to deploy AI capabilities safely at scale in a highly regulated environment, raising the bar on performance without increasing risk.”

Tim Mayopoulos

Former President & CEO, Fannie Mae

Angela Strange
“We’ve backed Valon from early on, and we’ve come back in every round since, because they’ve done exactly what they said they would, in the order they said they’d do it. They became a licensed servicer, ran hundreds of thousands of loans themselves, proved the model on their own P&L, then brought the software to everyone else. And it earned them a right to win that you cannot shortcut: they own the system of record their AI runs on, in a trillion-dollar market.”

Angela Strange

General Partner, a16z

As Seen In

Correctness First, Automation at Scale

One Record for Every Loan

Valon replaces fragmented legacy platforms with one authoritative system of record for mortgages that keeps mortgage data correct, consistent, and reconciled.

loan_doc.pdf

2.4 MB

Extracted Fields

Loan Number

LN-2024-847291

Address

1847 Oak Valley Dr

Principal Balance

$342,500.00

Interest Rate

6.875%

Monthly Payment

$2,847.33

Maturity Date

03/01/2054

See what happened and why

Every material action keeps its actor, time, approval, and underlying record. Operations, compliance, and audit can reconstruct the file.

Date

Description

Amount

Status

Balance

Jan 15

Principal Payment

-$1,247.83

Cleared

$341,252.17

Jan 15

Interest Payment

-$1,962.17

Cleared

$341,252.17

Jan 14

Escrow Deposit

+$487.50

Pending

$342,500.00

Jan 12

Late Fee Waiver

$0.00

Applied

$342,500.00

Jan 10

Insurance Refund

+$156.25

Pending

$342,343.75

Jan 8

Tax Disbursement

-$892.40

Cleared

$343,236.15

Work that routes itself

Thousands of tasks are triggered by our customizable workflow platform and orchestrated on our Task Management system daily. Work is routed intelligently to the right team with the right priority.

Task Management

12 pending

SC

Review payoff request

2m ago

High

MT

Process escrow disbursement

5m ago

Medium

JP

Verify insurance docs

12m ago

Medium

AL

Approve modification

18m ago

Low

SC

Update borrower info

22m ago

Medium

MT

Review tax exemption

28m ago

High

AI that works inside the controls

Agents read, draft, and route work the record already holds, under the same permissions and audit trail as the servicing team. The system of record, the approval policy, and the servicer’s responsibility for the decision stay in place. Every action stays logged and reviewable.

Valon Agent

Active

Analyzing document…

Extracting loan terms…

Validating against schema…

Cross-referencing records…

Routing to queue…

Suggested Actions

Review escrow analysis

Flag for manual review

Auto-approve

Ask the agent…

Inside Valon

See all posts

We’re hiring people to rebuild the systems behind mortgage servicing: escrow, payments, and the workflows teams rely on every day. The work is consequential, and the people make it rewarding.

See open positions
Valon teammates talking over drinks at a team event