Overture Technologies, a Bethesda, Md.-based startup that provides solutions to make intelligent decisions to the mortgage and educational lending industry, has raised $6 million in third round of funding led by Capital Trust Ventures with participation from return backers CNF Investments and New Markets Growth Fund.
Overture’s solutions enables users to transparent, accurate and responsive lending decisions. The funding will be used to support market expansion to meet urgent and increasing demand for the company’s financial decisioning solutions serving the mortgage and education lending industries.
“Today’s mortgage and student loan industries require consistent application of complex lending and pricing guidelines and thorough evaluation of ever-changing risk and asset valuation data to meet current and future regulatory requirements,” said Bill Kelvie, CEO, Overture Technologies. “This growth funding from experienced investors during a challenging time further validates our approach and will help us accelerate our reach for the markets we serve.”