The company currently has over 800,000 platform users and cross-sell partners across four verticals: home insurance, auto insurance, life insurance, and home equity lending. It is also integrated with six national mortgage servicers.
“At Haven, we believe that an educated homeowner is a confident and valuable one. However, while lenders, servicers, realtors, and home services vendors all interact with homeowners today, none have built a great relationship or added tangible, accessible value,” said Haven CEO Jonathan Chao.
“Education is critical to building personal credit, surfacing what options are available, and understanding how to best take advantage of them. We’re aiming to take a similar approach at Haven by helping servicer partners understand what to include in their portfolio of services, how those services benefit homeowners, and how to best reach those homeowners with the services they actually need at costs that save them real money.”
The Series A funding round was led by Fifth Wall, with participation from Fidelity National Financial, RWT Horizons, and 1Sharpe Ventures.
“Haven will transform the mortgage servicing and consumer finance landscape and help servicers improve the homeowner experience by cutting out the noise and customizing offerings with relevant, helpful services and tools,” said Sarah Liu, partner at Fifth Wall and a new member of Haven’s board of directors.