Valon secures $150 million Series D at $2.3 billion valuation

Valon has raised $150 million in a Series D round at a $2.3 billion valuation, according to HousingWire.

The valuation is double the company's previous mark, signalling a substantial increase in investor pricing since its prior funding round.

Ribbit Capital joined the investor group through the Series D, adding a new backer to Valon's capital base.

For housing-market participants and property-finance investors, the transaction offers a fresh valuation benchmark for companies operating in the broader real estate finance ecosystem.