volleyball, a mortgage technology company that provides customer relationship management and point-of-sale services to lenders, announced on Wednesday that it had acquired the mortgage and real estate technology startup Home captain for an undisclosed amount.
According to a press release from Volly, the acquisition of Home Captain’s technology will expand the company’s reach into the real estate space.
The merger of the two companies previously took place in October 2020 when the technology providers announced an integration partnership. Back then, Volly cited the union as a means for the company’s loan customers to use Home Captain’s concierge and technology offerings throughout the property purchase and mortgage process.
That was just a month after Volly signed a Series B growth equity round of $ 11 million Camden partner and supported by an existing investor, New capital partners. Jason Tagler, General Partner and Managing Member of Camden Partners, joined the Volly board of directors as part of this investment.
There’s no word yet on how the Home Captain team will be launched, but Halbrook was excited about Home Captain CEO Grant Moon joining the team.
“Home Captain’s solutions are an exciting addition to Volly’s approach to delivering relevant, cutting-edge technology solutions to our customers,” said Halbrook.
Founded in 2013, Home Captain put his name on the digital mortgage card after graduating as one of the first in the know Flagstar Bank and the FinTech consortium‘s MortgageTech Accelerator Program. The initiative was originally launched by Flagstar to help late-stage mortgage tech startups to assess the viability of future investments and partnerships.
“This opportunity strengthens our ability to grow together and improve our industry-leading products and services to help lenders and service providers overcome their ever-evolving barriers,” said Grant Moon, Volly’s new CRO. “I believe we are on the cusp of significant changes in finance and real estate technology and I am grateful to be able to play a role in this transformation.”