Brace

Brace

United States
Brace allows for mortgage investors, servicers, and borrowers to work together seamlessly. The company providing technology solutions to drive innovation in the mortgage servicing industry. Brace leverages loan-level data to improve loan modification outcomes. Investors demand transparency. It offers an automated platform for various workout types, keeping the focus on bringing borrowers current on their loans, and driving meaningful revenue savings for servicers. Brace proprietary technology streamlines the default process and allows servicers to use a single integrated platform to manage all delinquent borrowers going through loss mitigation strategies. They offer customized borrower and servicer interfaces, which lowers servicing costs, ensures compliance, and frees up resources for other business processes.
Founded date
01/01/2017
# of employees
11-50
Company type
For Profit

General & financials

Estimated revenue
$1M to $10M
# of funders
2
Founders
Amr Mohamed, Eric Rachmel
Industry group
Consumer Electronics, Financial Services, Hardware, Software

Founding

Top 5 investors
AAF Management Ltd., Clocktower Technology Ventures, 1984 Ventures, Tectonic Capital, Canvas Ventures
# of funding runds
3
Last founding
$15.700.000
Total funded
$30.450.000

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