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Commercial Mortgage Startup Lev Raises $30M in Funding

Lev, a commercial real estate financing transaction platform, has raised $30 million in a deal valuing the New York-based startup at $130 million. So reports TechCrunch.

LevLev is developing a platform for connecting more than 5,000 lenders with the right customer’s portfolios, aiming to automate a still largely manual and complex mortgage process.

The company was founded two years ago by CEO Yaakov Zar, a licensed mortgage loan originator who earlier co-founded and sold a home services startup called Dispatch.

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