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Brace

Culver City, CA

Brace allows for mortgage investors, servicers, and borrowers to work together seamlessly. The company providing technology solutions to drive innovation in the mortgage servicing industry. Brace leverages loan-level data to improve loan modification outcomes. Investors demand transparency. It offers an automated platform for various workout types, keeping the focus on bringing borrowers current on their loans, and driving meaningful revenue savings for servicers. Brace proprietary technology streamlines the default process and allows servicers to use a single integrated platform to manage all delinquent borrowers going through loss mitigation strategies. They offer customized borrower and servicer interfaces, which lowers servicing costs, ensures compliance, and frees up resources for other business processes.

Brace.ai

Company Details

Founded

2017

Employees

Between 20 - 100 employees

Raised

$30,450,000

Headquarters Location

Culver City, CA

Public

No

Acquired

Yes

CEO

Eric RachmelEric Rachmel

Founders

Eric Rachmel
Eric Rachmel
Amr Mohamed
Amr Mohamed

Company Collections

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Brace's Industries

Brace Headquarters Location

10000 Washington Blvd, Culver City, CA 90232

Total Amount Raised: $30,450,000

Brace Funding Rounds

  • Series B

    $15,700,000

    Series B Investors

    Canvas Ventures
    Point72 Ventures
    Crosslink Capital
  • Series A

    $10,000,000

    Series A Investors

    Point72 Ventures
    Crosslink Capital
    AAF Management
  • Seed

    $4,750,000

    Seed Investors

    AAF Management
    Silicon Badia
    Tectonic Capital
    1984
    Clocktower Technology Ventures
    Revolution
    Revolution
Funding info provided by Diffbot.

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