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LEHI, Utah, Feb. 4, 2021 /PRNewswire/ SimpleNexus (https://simplenexus.com/), developer of the leading homeownership platform for loan officers (LOs), borrowers, real estate agents and settlement agents, today announced accelerated momentum in 2020 marked by expansive market growth and product innovation. The reason SimpleNexus continues to sweep the mortgage space is that it is the single-most complete homeownership journey platform for homebuyers and a relentlessly efficient lender tool, said Founder and CEO of SimpleNexus Matt Hansen. From home search to application and from eClosing to securing homeowners insurance, SimpleNexus is truly a one-stop homeownership hub. SimpleNexus has established itself as a fast-paced innovator in the digital mortgage space, said TVC Capital Co-Founder and Managing Partner Jeb Spencer. First it set the gold-standard for on-the-go usability and now it s defining what a seamless homeownership platfo
Post money valuation: $25 million
Biggest funding round of 2020: $1 million raised in a convertible note deal. The company said it is looking to raise Series A funding this year.
Total raised to date: $2 million
What the company does: Abstrax is a California-based research firm that creates terpene profiles active chemicals in the cannabis plant for use in isolates, vaporizers, or even as food and beverage additives.
Why investors like the company:
Panther Opportunity Fund s principal
Jordan Tritt says that Abstrax is pioneering consumer sensorial experiences in the cannabis industry. Their cutting edge research, development and formulations have the potential to revolutionize various consumer packaged goods products, he continued.
SAN DIEGO, Calif., Jan 04, 2021 (SEND2PRESS NEWSWIRE) ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced the promotion of its president Joe Langner to president and chief executive officer. In this expanded role, Langner will lead ReverseVision’s mission to empower America’s seniors to use home equity as part of retirement finance.
Langner has more than 30 years’ executive experience driving growth at marquee mortgage technology and software companies. A former chief operating officer and chief sales officer at Ellie Mae (NYSE:ELLI), Langner was a member of the senior leadership team that substantially grew its market share leading up to the firm’s initial public offering in 2011. Previously, Langner has served as chief executive officer at Blue Sage, a cloud-based, digital lending platform; president at PCLender, a Fiserv (NASDAQ:FISV) affiliate; executive vice
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Business Insider identified the top investment firms in the US cannabis industry, based on how much they ve invested in cannabis startups in 2020.
The firms told us that they expect further consolidation in the industry, more established investors coming into the sector on the heels of cannabis legalization votes, and a bigger focus on investment in software and technology firms.
This is the third edition of our list of the top investment firms in cannabis. You can read the lists for 2018 and 2019 here.
After a tough year-and-a-half for the cannabis industry, the sector has found new momentum through increased pandemic-related sales and a raft of cannabis reform legislation in the US in the past few months.