Staircase Raises $18M Series A Funding To Speed Adoption of Modern Technology

Staircase, the company building integrated, digital infrastructure to accelerate tech-enabled mortgages, has secured $18 million in Series A funding led by Bessemer Venture Partners with participation from Avid Ventures, Clocktower Technology Ventures, Metaprop Ventures, RRE Ventures, and Zigg Capital, as well as a collection of notable angels, including Tom Montag, COO of Bank of America. In an industry hampered by disparate and often dated technologies, Staircase provides an application programming interface (API) platform that brings together the numerous parties involved in the mortgage origination process, from borrower application to employment and income verification through to closing and fulfillment.

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