Account Executive
Pylon$100,000 - $130,000/year
- Full Time
- Junior (1 to 2 years)
About Pylon
Pylon Lending provides a digital mortgage infrastructure that allows businesses to integrate mortgage services into their products efficiently. Their platform offers APIs and pre-built UI components, enabling clients, mainly in the financial and real estate sectors, to embed a complete digital mortgage experience with minimal coding. Unlike traditional mortgage services that require extensive infrastructure, Pylon offers a customizable Software Development Kit (SDK) that covers the entire mortgage origination process, from application to closing. This approach helps clients save time and reduce costs. Pylon's goal is to simplify the mortgage process for businesses, allowing them to launch new mortgage products quickly while enhancing customer satisfaction.
New York City, New YorkHeadquarters
2022Year Founded
$8.3MTotal Funding
SEEDCompany Stage
Fintech, Financial ServicesIndustries
11-50Employees
Benefits
Medical, vision & dental
Unlimited PTO
Hardware allowance
Annual off-sites
Risks
Increased competition from fintech companies could erode Pylon's market share.
Potential regulatory changes may require costly adjustments to Pylon's platform.
Reliance on Citi's trading desk for liquidity poses partnership risk.
Differentiation
Pylon offers a fully digital mortgage experience via APIs and pre-built UI components.
Freddie Mac approval enhances Pylon's credibility in the mortgage industry.
Pylon's platform allows quick integration of mortgage services, reducing time and cost.
Upsides
Citi's investment provides Pylon access to institutional-grade products and rates.
Pylon raised $8.5M in seed funding, boosting its growth potential.
Increased AI adoption in mortgage underwriting can enhance Pylon's platform efficiency.
Funding
Total raised$8.27 M
Latest valuation$42.50 M
StageSEED
SEED
11/30/2022$8
$42.50 M