“Can a proprietary mortgage-servicing OS replace legacy software and become the financial infrastructure layer for the entire residential mortgage lifecycle?”
Founded in 2019 as Peach Street (later GoServiceOne), Valon pivoted to become a branded, consumer-facing tech-enabled mortgage servicer after raising its a16z-led Series A in 2021. The company's embedded finance story centers on replacing legacy servicing software with a proprietary platform (ValonOS) that unifies complex fund flows — escrow, payoff, loss mitigation — at scale. By 2024, Valon had evolved from pure servicer to positioning itself as the 'AI-native operating system for mortgage servicing,' offering the platform to third-party originators and investors, expanding into HELOC/HELOAN origination, and processing over $2B/month through Modern Treasury.
Valon moves money over ACH.
Valon runs its ledger on Modern Treasury.
The Embedded Finance Index 2026 maps 4 layers in Valon's stack: Money movement (ACH); Ledger (Modern Treasury); Lending (HELOC (Home Equity Line of Credit), HELOAN (Home Equity Loan) and Mortgage origination); Treasury (Modern Treasury).
Valon is founded in 2019 and headquartered in New York, NY (also Phoenix, AZ office).
Valon has raised $230M in total (latest round: Series C, October 2024).
Get a read on where your own stack stands against Valon and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.