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About Stavvy
Industries
Fintech
Financial Services
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$40.4M
Headquarters
Boston, Massachusetts
Founded
2018
Overview
Stavvy transforms the mortgage industry by digitizing and streamlining workflows that have traditionally relied on paper. The company provides a range of digital tools, including eSignatures, remote notarization, and secure communication portals, which help mortgage professionals and financial institutions improve efficiency and reduce the need for physical documents. Stavvy operates on a subscription-based model, allowing clients to access its platform and tools for a fee. Additionally, the company partners with other organizations, like Guaranteed Rate, to expand its eClosing technology to a wider audience. Stavvy's goal is to modernize the mortgage process, making it more efficient and accessible for everyone involved.
Simplify's Take
What believers are saying
- Increased remote work adoption boosts demand for Stavvy's remote notarization and eClosing capabilities.
- AI integration in digital mortgage platforms enhances document processing and risk assessment.
- Regulatory support for digital notarization facilitates Stavvy's service adoption across states.
What critics are saying
- Competition from fintech companies offering similar solutions could erode Stavvy's market share.
- Rapid technological advancements may strain Stavvy's financial resources for continuous R&D investment.
- Integration challenges from acquisitions like SigniaDocs and Brace may distract from core operations.
What makes Stavvy unique
- Stavvy offers a fully-integrated digital mortgage vendor platform, enhancing communication and data access.
- The company provides eSignatures and remote notarization, streamlining traditionally paper-based workflows.
- Stavvy's strategic partnerships, like with Guaranteed Rate, expand its eClosing technology reach.
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Funding
Total Funding
$40.4M
Above
Industry Average
Funded Over
3 Rounds
Growth & Insights and Company News
6 month growth
↑ 12%1 year growth
↑ 15%2 year growth
↑ 12%In a move to support mortgage lenders who are striving to offer borrowers a full range of signing solutions, ServiceLink has partnered with real estate digital transaction platform, Stavvy.
Stavvy, the fintech company reshaping digital and remote collaboration for lending and real estate companies, announced the acquisition of SigniaDocuments, a technology suite from Evolve Mortgage Services.
Wednesday, 15 November 2023 14:00
Boston, MA, September 19, 2023 - Stavvy, the fintech company reshaping digital and remote collaboration for lending and real estate companies, today announced that they have entered into an agreement with WFG National Title Insurance Company (WFG) , a Portland-based, full-service provider of title insurance and real estate settlement services for commercial and residential transactions nationwide.
With more than $130M deployed into evolving mortgage technology, Stavvy's strategic acquisition of Brace drives innovation and reduces friction in the default servicing process BOSTON, MA / ACCESSWIRE / August 1, 2023 / Stavvy, the fintech company reshaping digital and remote collaboration for lending and real estate, announced its strategic acquisition of Brace, a servicing technology company addressing the long-standing inefficiencies and lack
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About Stavvy
Industries
Fintech
Financial Services
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$40.4M
Headquarters
Boston, Massachusetts
Founded
2018
There are no jobs for Stavvy right now.
Find jobs on Simplify and start your career today