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Fintech Software Pioneer Total Expert Raises $20 Million in Series B

Fintech Software Pioneer Total Expert Raises $20 Million in Series B
Credit: totalexpert.com

Total Expert acquired $20 million in a Series B funding round led by Emergence Capital with participation from Rally Ventures and Arthur Ventures, bringing Total Expert’s total funding to $34 million.

Total Expert created the MOS software category in 2012 to address the complex needs of consumer finance. The company claims it already powers marketing and revenue growth for ten percent of the $2 trillion per year U.S. mortgage industry, and since 2016, it has multiplied its customer base seven times, including eight of America’s top 15 lenders like US Bank, loanDepot, Guaranteed Rate, and Movement Mortgage. Total Expert has also quadrupled in size to 162 employees and is the fastest growing software company in Minnesota.