# Lower: Financial services, Columbia, United States

> Lower: Lower is a fintech company and direct-to-consumer lender founded in 2018. Based in Columbia, United States. Founded 2018.

Source: https://millionrounds.com/startup/lower (Millionrounds; every figure on the page links to its filing or article)

United States · [Financial services startup](https://millionrounds.com/companies)

# Lower

Lower is a fintech company and direct-to-consumer lender founded in 2018.

Email

Funding reported Last round: Series A

Financial services Columbia, United States

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Company summary

- **Founded:** 2018 8 years old
- **Team:** 1,100 1,000+ people
- **Funding reported:** $100M in dollars
- **Last round:** Series A Jun 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Lower has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Lower

Lower is a fintech company and direct-to-consumer lender founded in 2018.

It focuses on simplifying the homeownership journey and helping individuals build wealth through real estate. Lower operates as a digital mortgage lender with a multi-channel approach, offering services through its online platform, traditional retail branches, and a Mortgage as a Service (MAAS) platform that allows other businesses to provide its mortgage products. The company serves 47 states plus the District of Columbia and has expanded to over 100 branch locations. Lower provides a range of home finance solutions, including mortgage origination, refinancing options, home equity lines of credit (HELOCs), home insurance, and a dedicated savings account called HomeFund for down payments. It utilizes artificial intelligence and proprietary software to enhance the borrowing experience, making it easier for customers to apply for loans and customize their options. Lower is headquartered in New Albany, Ohio, with additional offices in Columbia, Maryland.

## What company datasets say Lower raised

Funding, as reported

Reported in all **$100M** in dollars

Rounds **1**

Last round **Series A**

Last round size **$100M**

Last round date **Jun 2021**

Investors listed **1**

## On 2 portfolio pages

Investors who name them

- [American Family Ventures](https://millionrounds.com/fund/american-family-ventures)
- [Skyline Financial](https://millionrounds.com/fund/skyline-financial)

Each firm lists Lower on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

homeownership journey mortgage origination software conventional loan refinancing resources mortgage and nonmortgage loan brokers mortgage low interest rates loan approval automation no-lender-fee refinance fast mortgage process home loan speed optimization homeownership technology no-code platform buy a home property funding options borrowing against home equity

Built with from their website

GitHub Actions Google Maps Encompass Docker Amazon SES Google Tag Manager Salesforce Service Cloud Excel Impact Google Sheets Tableau

+8 more

dbt AWS Trusted Advisor Atlassian AWS Application Load Balancer Google Ads Flow Fivetran YouTube

- **Sector:** Financial services
- **Industry code:** NAICS 522310, 513210, SIC 6162, 7372
- **Region:** Maryland
- **Revenue:** $300M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/lower)

## Financial services in United States

Startups like it

- [**Kalshi** New York · founded 2019 *Raised*](https://millionrounds.com/company/kalshi)
- [**Temporal** founded 2022 *Raised*](https://millionrounds.com/company/temporal)
- [**Vestwell** New York · founded 2016 *Raised*](https://millionrounds.com/company/vestwell)
- [**C2FO** Kansas City · founded 2008 *Raised*](https://millionrounds.com/company/c2fo)
- [**Yieldstreet** New York · founded 2015 *Raised*](https://millionrounds.com/company/yieldstreet)
- [**Flutterwave** San Francisco · founded 2016 *Raised*](https://millionrounds.com/company/flutterwave)
- [**Corgi** San Francisco · founded 2024 *Raised*](https://millionrounds.com/company/corgi)
- [**Alpaca** San Mateo · founded 2017 *Raised*](https://millionrounds.com/company/alpaca)

## Is this your company?

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