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Ralo

New York, United States

seed$2.9M raisedFintechProptech

Total Raised

$2.9M

Stage

seed

Location

New York, United States

Founded

2025

Team size

2-10 employees

Links

About Ralo

AI-native mortgage broker that uses artificial intelligence to help consumers compare mortgage options, obtain preapprovals and navigate the loan process.

What sets it apart

Ralo combines AI-driven mortgage shopping with an AI loan officer to automate lender interactions, reduce costs, and speed up closings.

Sectors

FintechProptech

Business

Modeltransactional

CustomerConsumers, especially first-time homebuyers, seeking mortgage comparison and preapproval support

Notable

  • Launched publicly in June 2026
  • Raised a $2.9M seed round
  • Closed its first loans in March 2026
  • Reports mortgage rates more than half a point below the national average
  • Claims to be 4x less expensive than other brokers and 3x faster at closing

Funding rounds

seed$2.9M

18 Jun 2026

Led by Y Combinator

With Manresa Ventures, Pack Ventures

Source ↗

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FAQ

What does Ralo do?

AI-native mortgage broker that uses artificial intelligence to help consumers compare mortgage options, obtain preapprovals and navigate the loan process.

Where is Ralo based?

Ralo is based in New York, United States, founded in 2025.

How much has Ralo raised?

Ralo has raised $2.9M in tracked funding and is currently at the seed stage.

Who has invested in Ralo?

Investors in Ralo include Y Combinator, Manresa Ventures, Pack Ventures, Charles Ferguson and Ryan Frazier.