Valon raises a $150M Series D at a $2.3B valuation to expand ValonOS and AI agents across US mortgage servicing

What changed

Valon announced a $150 million Series D on October 5 at a $2.3 billion valuation, with Ribbit Capital joining as a new investor and Andreessen Horowitz among returning backers. The company positions ValonOS as an AI-native operating system for regulated finance, using AI agents to handle mortgage-servicing workflows end to end. Valon says the platform secured more than $200 million in contracted ARR within six months of opening to industry customers and is under contract to power servicing for roughly one in six outstanding US mortgages; those scale figures are company-reported rather than independently audited revenue. The funding will support product development, large-servicer migrations and team expansion.