What it sells
Mortgage AI.
Business model breakdown
Buyer: who owns the budget?
UnverifiedLoan officers choosing a mortgage platform; borrowers pay for loans.
Trigger: what makes them buy now?
Mortgage process is document-chasing across borrower, agent and processor; loan officers want capacity and higher payout.
Workflow: what inputs become what output?
Elio AI prepares document checklists, completeness checks, follow-ups and closing coordination from application through post-closing, with loan officer in control.
Economics: what it saves and how it charges
Licensed mortgage lender (NMLS 2824328); loan officers keep 200 bps on production with nothing deducted.
Distribution: how it reaches customers
Recruits loan officers; also partners and direct borrowers via "Find a loan officer".
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| 2026-10-12 | Pre-seed | $5.1M | — | news.google.com |
| 2026-09-30 | — | $5.1M | — | news.google.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-17.