In addition to demonstrating PeakSpan's faith in Aidium's vision to transform the mortgage industry, this sizeable investment also underscores Aidium's tenacity and the inherent value of its solutions in the face of the difficult circumstances facing the mortgage market today.

Loan officers, who are at the center of the changing mortgage market, must decide whether to stay competitive or adapt by implementing cutting-edge technological solutions. The PropTech team at PeakSpan Capital has identified Aidium as a leader in offering comprehensive solutions for mortgage lenders, realizing the critical role that next-generation CRM platforms integrated with sales and marketing automation play in increasing origination volumes and improving borrower engagement.

Under the inspiring direction of CEO Spencer Dusebout, Aidium is committed to providing mortgage lenders with a single platform that simplifies the engagement, conversion, closing, and follow-up processes for all borrowers. With its user-friendly interface and strong integration capabilities, the platform's main features—business intelligence/reporting, data warehousing, pipeline management, and enterprise-grade permissioning—are intended to close important market gaps.

"We are beyond excited to be partnered with PeakSpan Capital as we accelerate our growth and expand our reach in the mortgage industry," said Aidium CEO Spencer Dusebout, expressing his excitement about the funding. This investment demonstrates our dedication to innovation and our goal of completely changing the way mortgage brokers deal with consumers.

With the help of Series A funding, Aidium will be able to further improve its platform, grow its clientele, and firmly establish its dominance in the mortgage technology sector. Aidium is poised for long-term success and rapid expansion thanks to its dedication to streamlining procedures, increasing return on investment for customers, and providing the best customer service.

"Despite the challenging mortgage environment in 2022 and 2023, the business has been able to meaningfully scale revenue and roll-out powerful new data products to further enhance its value proposition," said PeakSpan Vice President Kyle Reitinger in regards to the investment. We are excited to help the team in 2024 and beyond since we see such a huge opportunity for additional innovation in the category.”