Series C · Fintech
Zippy raises $20m Series C from Saluda Grade
The manufactured-home lender plans to expand beyond 27 states and introduce new loan products.
Zippy announced a $20 million Series C investment from Saluda Grade on October 14. Saluda Grade was the sole investor, investing through its growth equity strategy.
The capital will support expansion beyond the 27 states Zippy currently serves, new products for community, retail and wholesale channels, and further technology development. Saluda Grade will also work with the company on credit, capital markets and balance-sheet management.
Use of funds
National expansion
New manufactured-housing loan products
Technology and balance-sheet capacity
Funding history
Series C · This round$20M