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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 25%

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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Track how buyer interest and sentiment changes over time.

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.

Recent news

Latest coverage and updates

  • attends_eventAug 11, 2026

    Lower attended event AI Summit on Aug 11th '26.

  • launchesAug 5, 2026

    Lower launched ONE by Lower, a new mortgage program on Aug 5th '26.

  • expands_offices_toJul 7, 2026

    Lower, LLC. expanded offices to Austin, Texas, United States, Northern America, Americas on Jul 7th '26.

Lower Filings

Explore SEC and related filing metadata, where available.

Lower filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

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

Is Lower a public or private company?

Lower is a private company.

What is the current stock price of Lower?

Lower is a private company with no public stock price. No recent secondary market data is available.

How much is Lower worth (valuation)?

Valuation information for Lower is not publicly available.

Can I buy Lower stock?

Lower shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Lower's last funding round?

Lower's most recent funding round was Series A on June 23, 2021.

Who are the main investors in Lower?

Key investors in Lower include Accel.

Will Lower IPO soon?

No public IPO plans have been announced for Lower.

How can I track Lower secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Lower's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersNew Albany, Ohio
Employee Range562
Year Founded2014
Last FundingJun 23, 2021

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