Polly, a San Francisco-based mortgage capital markets tech company, raised $25M in growth equity funding.

The round was led by 8VC, with participation from Menlo Ventures, Meritech, Khosla Ventures, and Fifth Wall.

Polly will use the funds to accelerate growth, and invest in R&D, product innovation, and market expansion.

Founded by CEO Adam Carmel, Polly’s platform helps banks, credit unions, and mortgage lenders improve operational efficiency through its advanced AI-driven capital markets ecosystem.