Kiavi

Pittsburgh, Pennsylvania Financial Services Acquired

Kiavi, founded in 2013 as LendingHome, is one of the largest US non-bank lenders to residential real estate investors, offering fix-and-flip bridge, ground-up construction and DSCR rental loans across 49 states and Washington, D.C. It has funded more than $30 billion across over 100,000 loans, originating a record $7.8 billion in 2025, and funds itself largely through its LHOME securitization shelf. On September 1, 2026 it became a wholly owned subsidiary of Nasdaq-listed Figure Technology Solutions, which acquired the platform in a $717 million transaction alongside a Figure/Sixth Street joint venture that bought Kiavi's balance-sheet loans.

Acquired

Kiavi has been acquired

Acquired by Figure Technology Solutions, Inc. Jun 10, 2026 $717M

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2013

Employees

201–500

Total Funding

$499.3M

8 rounds

Latest Valuation

$0.67B

Dec 28, 2016

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

1 signal
M&A Recent ~$590M cash net of cash acquired; ~$717M total transaction price 2026-09-01

Figure Technology Solutions completed its acquisition of Kiavi (merger agreed June 10, 2026), ~$717M total price incl. Sixth Street JV for balance sheet assets

Change of control closed; private-market exposure converts to cash/Figure terms

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Rounds in grey italics are unconfirmed.

Total raised $499.3M across 8 rounds

Last updated 10-06-2026

DateRoundAmount RaisedValuationLead Investors
Jan 11, 2023 Debt $158M — Not disclosed
Dec 10, 2020 Series E Press release $75M — Benefit Street Partners
Sep 1, 2018 Series D $117M $1B Not disclosed

Leadership

  • Arvind Mohan

    Chief Executive Officer & Board Member

    LinkedIn
  • Tim Lawlor

    Chief Financial Officer

  • Vicente Medrano

    Chief Risk Officer

  • Jonathan Muller

    SVP of Product and Technology

  • Nora Gibson

    General Counsel

  • Richard Arts

    SVP of People

  • Charles Goodwin

    Head of Bridge and DSCR Lending

  • Tom Hallock

    Head of Construction Lending

  • Rebecca Simanek

    Head of Marketing

  • James Herbert

    Co-Founder and Director

    LinkedIn
  • Matt Humphrey

    Co-Founder and Director

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Lima One Capital

    Founded in 2011, offers fix-and-flip, new construction, and rental loans across 46 states with over $10B funded

  • RCN Capital

    Founded in 2010, offers fix-and-flip, new construction, long-term rental, and multifamily loans across 45 states

  • Easy Street Capital

    Founded in 2016, Austin-based hard money lender specializing in fix-and-flip with EasyFix product featuring sub-24-hour approval

  • LYNK Mortgage

    Over $1 billion funded in fix-and-flip projects, operates in 31 states, handles loans up to $2.5M

  • New Silver

    Founded in 2018, hard money lender offering fix-and-flip, ground-up, and rental loans across 40 states with >50% repeat borrower rate

  • Anchor Loans

    Private direct lender specializing in bridge, fix-and-flip, fix-to-rent, build-to-rent, and new construction financing

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