Explore: Fintech · Proptech · Seed · United States
Ralo
seed · 🇺🇸 New York, United States · Founded 2025 · 2-10 employees employees
AI-native mortgage broker that uses artificial intelligence to help consumers compare mortgage options, obtain preapprovals and navigate the loan process. Ralo is a fintech startup based in New York, United States, founded 2025, at seed stage, with $2.9M raised to date.
Ralo is tracked live on Scout, Fusion42's database of newly funded startups — its profile updates as new rounds, backers and Wire analysis land.
Total raised
$2.9M
Stage
seed
Business model
transactional
Key differentiator
Ralo combines AI-driven mortgage shopping with an AI loan officer to automate lender interactions, reduce costs, and speed up closings.
Target customer
Consumers, especially first-time homebuyers, seeking mortgage comparison and preapproval support
Sectors
Funding rounds
seed
18 June 2026
Led by Y Combinator
With Manresa Ventures and Pack Ventures
Key investors
Y Combinator, Manresa Ventures, Pack Ventures, Charles Ferguson, Ryan Frazier
Notable achievements
- 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
Frequently asked questions
- 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.