Volly, an industry-leading provider of SaaS-based FinTech and creative marketing services to the financial services industry, announced that it has closed on an $11 million Series B growth equity round led by Camden Partners with participation from existing investor, New Capital Partners (NCP).
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Jason Tagler, General Partner and Managing Member of Camden Partners, will be joining the board as part of this investment and stated, “The mortgage industry expertise of the management team, NCP, and Executive Chairman Larry Huff, position the company with a unique combination of seasoned industry experience and a successful track record managing mortgage industry businesses as well as technology providers. We are particularly excited about the new Volly Portal solution, which leverages the full product features of Volly delivered in a single platform to serve the full range of customer acquisition, retention, and transactional needs of lending professionals.”
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Adam Cranford, Managing Director of New Capital Partners, said “We are excited to continue our on-going partnership with Volly. The Volly management team has done an excellent job building an industry-leading solution and positioning Volly for rapid growth in the mortgage and financial services technology sector. Broad usage of Volly’s technology platform and creative marketing services by many of the top mortgage and banking industry leaders attests to the strength of the Volly platform capabilities and the strategic value proposition that Volly offers to its clients.”
Jerry Halbrook, CEO said “I am extremely excited to add Camden Partners to the Volly family and look forward to working with Larry, NCP and Camden Partners to continue to expand the capabilities and enhance our value proposition and service to our clients.”
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