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Lower

Lower

Private
New Albany, OhioFinTechhttps://www.lower.com/

Last Round

Series A

Jun 23, 2021

Total Funding Raised

$100M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Lower is a financial services company that offers a comprehensive home finance platform to assist individuals in building wealth through homeownership by facilitating savings, mortgage acquisition, refinancing, and insurance.

Sector

FinTech

Verticals

Lending & Credit, Real Estate Finance, Digital Banking, Personal Finance

Business Model

B2C

Customer Profile

Payment Processing Fee, Services & Consulting

AI Layer

Application

Keywords

digital mortgagemortgage lenderhome equity loanmortgage as a serviceneobankdigital bankingmortgage originationfintech platformhome financingMAASloan officer productivityAI mortgagewhite-label mortgagemortgage tech

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Lower Comparables

Compare Lower with similar companies based on industry and business-model similarity.

Lower comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Better Mortgage
81%
Rocket Companies
79%
Tomo
79%

Lower Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AJun 23, 2021

Key People

Founding team and executive leadership

Dan Snyder

Chief Executive Officer

Executive Team

Steve Herschleb

Chief Technology Officer

Executive Team

Selene Srnensky Kellam

Chief Operating Officer

Executive Team

Lower Investors

Notable investors and investment history

Lower investors
InvestorRounds
AccelSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 20, 2026

    Named one of Mortgage Executive Magazine's Top Mortgage Companies in America.

  • Mar 6, 2026

    Named a top 25 tech-driven retail mortgage lender.

Lower Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Lower Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Lower's valuation, stock price, and market status.

Firmographic Details

HeadquartersNew Albany, Ohio
Employee Range1,073
Year Founded2014
Last FundingJun 23, 2021

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