Newton, MA – According to filings with the U.S. Securities and Exchange Commission, Stavvy is raising $41,099,992.00 in new funding. Sources indicate as part of senior management Co-Founder, Kosta Ligris played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Stavvy

While digital closings have become routine, loan modifications, deferrals and forbearance agreements have been stuck in the slow, cumbersome world of pen, paper and postage. Until now. Stavvy represents the new standard for digital servicing. Our mission: providing a collaborative platform for lenders, title agents, appraisers, attorneys, notaries, settlement agents, borrowers and others involved in real estate transactions. Our team connects the diverse talents and knowledge of professionals with mortgage lending, real estate, legal, software development and cybersecurity backgrounds. Collectively we have been involved in tens of thousands of loan transactions and have seen firsthand the need for a platform like Stavvy, especially for local and regional lenders that lack the resources to develop these technologies internally.

To learn more about Stavvy, visit http://www.stavvy.com

Contact:
Kosta Ligris, Co-Founder
617-274-1500
kligris@stavvy.com
https://www.linkedin.com/in/ligris/

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