Valon Hits $2.3 Billion Valuation as Mortgage Servicers Swap Mainframes for AI

Valon Technologies raised $150 million in a Series D funding round to accelerate the deployment of its artificial intelligence (AI) platform for mortgage servicing, the company said in a Monday (Oct. The round doubled Valon’s valuation to $2.3 billion, according to the release. The company’s previous round was an October 2024 Series C in which it raised $100 million.