Funding Round · Mortgage Tech · 2021

Better announces $1.5B bridge financing and convertible notes with Aurora and SoftBank

Better raised $1.5B Bridge financing and convertible notes led by Aurora Acquisition Corp., SoftBank, Novator Capital on December 1, 2021.

Primary
Better
Counterparty
Aurora Acquisition Corp., SoftBank, Novator Capital
Amount
$1.5B
Structure
Bridge financing and convertible notes
Date
December 1, 2021
Sub-sector
Mortgage Tech

Capital infusion accelerates product innovation and B2B expansion as mortgage market consolidates; supports SPAC merger toward public listing.

Primary company
Better
Amount
$1.5B
Event date
December 1, 2021
Sub-sector
Mortgage Tech
HQ
Structure
Bridge financing and convertible notes
Source published
December 1, 2021
Publisher
IT Business Net

Source: itbusinessnet.com