Elio Mortgage launches with $5.1m pre-seed financing
Motive Partners and Social Leverage co-lead the round, with Jeff Horing investing personally.
Elio is operating as a licensed mortgage brokerage while its engineers build the origination platform alongside loan officers handling live loans. This gives the team access to the processing and coordination work it wants its AI agents to perform.
The brokerage also provides an embedded mortgage operation for real-estate agents, builders, registered investment advisers and rental-property businesses. These partners can offer lending services through Elio rather than assemble their own loan-processing operation.
What the funding supports
- Develop the origination platform
- Expand licensed mortgage operations nationwide
- Recruit loan officers
Elio Mortgage
A licensed mortgage brokerage that combines loan officers, processing operations and AI agents to originate home loans and provide embedded mortgage services to partner businesses.
Company profile and funding history