Investment

Maestro AI, a vertical artificial intelligence (AI)-powered platform built for mortgage origination, has raised $1.2 million in pre-seed funding. The round was led by New Stack Ventures, with participation from Family VC, ZFO, Roark’s Drift, and a group of local angel investors. The capital will accelerate go-to-market efforts, expand platform capabilities, and scale adoption across the mortgage industry.

Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, announced the completion of a $6 million seed round. The round was led by Abstract Ventures, a San Francisco-based venture firm with $1.5 billion in assets under management and a track record of backing breakout companies including Rippling, xAI, Hebbia, Brigit and Hippo (NYSE: HIPO) and Mischief, an early-stage VC fund co-founded by Plaid CEO Zach Perret.

In a show of industry strength, LoanPASS has secured Series E Preferred Stock financing of $5M to support its expansion efforts and new sales initiatives.