The New York-based company said the platform will simplify the mortgage process for new homebuyers, slashing closing times to one-third of the industry average.

Morty, which launched publicly in 2017, also said it has expanded into 34 states, including California, and the District of Columbia. The announcement coincided with an $8.5 million funding round of venture capital.

Read the full articles from TechCrunch and Forbes.