Haven raises $8 million

Homeownership platform Haven Servicing has raised $8 million in Series A funding led by Fifth Wall, with participation from Fidelity National Financial, RWT Horizons, 1Sharpe Ventures, Conversion Capital, BoxGroup, AME Cloud Ventures, and Operator Partners. The round brings total funding to date to $13.5 million.

Founded in 2020, the New York-based startup is on a mission to connect homeowners and mortgage companies/mortgage servicers in a better way via a modern digital platform. Haven’s technology, which can be white-labeled, allows servicers to engage, educate, and enroll borrowers into new products and services. Some of the additional products and services include insurance, solar upgrades, and HELOCs (home equity line of credit).

The Haven platform currently supports over 800k homeowners and it has integrations with 6 of the top 50 servicers in the country.

“At Haven we believe that an educated homeowner is a confident and valuable one. However, while lenders, servicers, realtors, and home services vendors all interact with homeowners today, none have built a great relationship or add tangible, accessible value. Education is critical to building personal credit, surfacing what options are available, and understanding how to best take advantage of them. We’re aiming to take a similar approach at Haven by helping servicer partners understand what to include in their portfolio of services, how those services benefit homeowners, and how to best reach those homeowners with the services they actually need, at costs that save them real money.” – Haven CEO, Jonathan Chao.