Habito has confirmed it has received a £35m investment as part of its Series C fundraise, bringing the total amount of investment to more than £63m since its launch to market in 2016.
The overall investment round, which comprised of a Series C equity raise and Series C extension in the form of a convertible loan note, was led by Augmentum Fintech, SBI Group and Mojo Capital.
Existing investors Ribbit Capital, Atomico and Mosaic Ventures also took part.
It also included investment from the Treasury’s Future Fund, which was announced by the chancellor in April.
The fund provides loans of £125,000 to £5m to start-up and scale-up firms. The investment will help the brokerage continue to digitise its mortgage process and develop products.
Daniel Hegarty (pictured), CEO and founder of Habito, said: “At Habito, we’re on a mission to make mortgages easier for anyone who wants to own a home in the UK.
“The tide is turning on traditional home financing and we’re here to usher in a new future of home financing that combines the very best of human expertise with the efficacy of technology and reduces cost, stress, time and friction for all.”
Royal Parks Partners acted as a financial adviser to Habito and its shareholders for the deal.
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
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