Pre-seed · Fintech
Elio Mortgage raises $5.1 million in pre-seed funding
The AI-native mortgage company automates loan origination administration through its licensed brokerage and partner-embedded service.
AI support behind mortgage advice
Elio runs mortgage origination through its own licensed brokerage, using AI agents to handle administrative work while loan officers focus on borrower advice and decisions requiring judgment. Its Elio Embedded service lets financial advisers, real-estate agents, home builders and rental-property operators offer mortgages through Elio without building their own origination operations. The company launched with about 40 loan officers and reported $200 million in trailing 12-month originations.
Use of funds
Continue product development
Expand licensed mortgage operations nationwide
Recruit loan officers
Funding history
Pre-seed · This round$5.1M