Sagent

Sagent

SaaS platform for mortgage loan servicing

About Sagent

Simplify's Rating
Why Sagent is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Fintech

Financial Services

Company Size

1,001-5,000

Company Stage

M&A

Total Funding

$17M

Headquarters

Upper Merion Township, Pennsylvania

Founded

2018

Overview

Sagent provides cloud-based software-as-a-service (SaaS) solutions to modernize mortgage loan servicing for banks and lenders. Its platform combines AI-embedded document automation, real-time predictive insights, and generative AI-based chat, all delivered through a mobile-first experience that lets homeowners manage their mortgages and receive expert guidance. The product works by offering software tools that automate routine document tasks, deliver up-to-the-minute risk and performance insights, and enable natural-language chat assistance, enabling lenders to handle millions of consumer loans while staying compliant and efficient. Compared with competitors, Sagent emphasizes AI-powered automation, real-time analytics, a consumer-friendly mobile interface, and a focus on compliance and scale for large loan portfolios. Its goal is to improve servicing efficiency, cut operating costs, and enhance customer satisfaction for financial institutions across market cycles.

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Simplify's Take

What believers are saying

  • Rocket Mortgage invests equity, forms commercial partnership accelerating Dara adoption.
  • Click n' Close deploys Dara in 2026, targeting 40% servicing cost cuts.
  • Sridhar Sharma, ex-Mr. Cooper CIO, appointed president driving global rollout.

What critics are saying

  • Rocket replicates Dara internally using investment insights within 12 months.
  • FHFA 2026 capital rules force smaller clients to divest, shrinking market.
  • Black Knight's 40% market share blocks Dara among top entrenched servicers.

What makes Sagent unique

  • Dara delivers first cloud-native end-to-end mortgage servicing platform.
  • Agentic AI automates documents, provides real-time predictive insights.
  • Mobile-first consumer portal unifies servicing with self-service features.

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Funding

Total Funding

$17M

Above

Industry Average

Funded Over

0 Rounds

Benefits

Remote Work Options

Health Insurance

Unlimited Paid Time Off

Family Planning Benefits

Tuition Reimbursement

Paid Family Leave

401(k) Company Match

Pet Insurance

Professional Development Budget

Company Social Events

Company News

Paul, Weiss, Rifkind, Wharton & Garrison LLP
Apr 15th, 2026
Rocket Mortgage invests in cloud-native mortgage servicing tech firm Sagent

Rocket Mortgage has made an equity investment in Sagent, a Warburg Pincus-backed mortgage servicing technology company, and established an ongoing commercial partnership. Sagent is developing the first cloud-native, end-to-end mortgage servicing system. Rocket Mortgage is a subsidiary of Detroit-based Rocket Companies, a fintech platform encompassing mortgage, real estate, title and personal finance businesses. Financial terms of the investment were not disclosed. Paul, Weiss advised Rocket Mortgage on the transaction.

PR Newswire
Feb 16th, 2026
Click n' Close deploys Dara by Sagent to cut mortgage servicing costs by up to 40%

Click n' Close, a private mortgage provider and the nation's largest originator of home loans to Native Americans, will deploy Dara by Sagent to power its core, consumer and default servicing operations beginning in 2026. Dara is the first end-to-end, cloud-native servicing platform with real-time functionality for the $14 trillion US mortgage industry. Click n' Close has used Sagent's existing platforms since 2019 to service its portfolio in-house. The move reflects growing momentum for Sagent's incremental Dara rollout that began in 2025. A benchmark study shows potential for servicers to reduce operational costs by up to 40% with full Dara deployments. The platform unifies the entire mortgage servicing lifecycle, offering real-time data, seamless integrations and configurable workflows whilst ensuring continuous compliance.

PR Newswire
Feb 11th, 2026
Sagent appoints Sridhar Sharma as president as Dara platform launches for US mortgage servicers

Sagent, a mortgage servicing technology provider, has appointed Sridhar Sharma as president, effective immediately. Sharma will lead the company's global team and work with mortgage servicers to accelerate adoption of Dara, Sagent's end-to-end mortgage platform built for the $14 trillion US mortgage industry. Sharma previously served as chief innovation and digital officer at Mr Cooper from 2015 until its 2025 sale to Rocket Companies, during which time the firm became America's largest mortgage servicer. In his new role, he will oversee day-to-day operations, product development, technology and customer engagement. The Dara platform features agentic automation, built-in compliance and simplified user experiences across the loan servicing lifecycle. Sagent is backed by Warburg Pincus.

HousingWire
Sep 3rd, 2020
Mortgage Tech Demo Day: Sagent

 Account Connect If originators are finders of new customers, servicers must be keepers of those customers -- this is what Sagent’s consumer-facing

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