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Trovy - About the company

Trovy is a series A company based in New York (United States), founded in 2024. It operates as a Provider of home equity lines of credit with card access. Trovy has raised $25M in funding from Left Lane. The company has 225 active competitors, including 16 funded and 16 that have exited. Its top competitors include companies like loanDepot, Unison and Rocket Mortgage.

Company Details

Provider of home equity lines of credit with card access. This financial service allows homeowners to access equity through a revolving credit line linked to a payment card. Users can utilize these funds for debt consolidation, home improvements, or other major expenses. The service offers both variable and fixed interest rate options for borrowed amounts. Borrowers manage their accounts through a digital interface that facilitates transactions and repayment plans. The credit line is secured by the residential property of the borrower. This approach provides an alternative to traditional personal loans or high-interest credit cards by leveraging existing home value. The system enables users to draw, repay, and redraw funds as needed throughout the term of the agreement.
Website
trovy.com
Social
XFacebook
Email ID
*****@trovy.com
Key Metrics
Founded Year
2024
Location
New York, United States
Stage
Series A
Total Funding
$25M in 2 rounds
Latest Funding Round
Investors
Ranked
Similar Companies
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Trovy's funding and investors

Trovy has raised a total funding of $25M over 2 rounds. Its latest funding round was a Series A round on Jun 24, 2026 for $*****. 4 investors participated in its latest round. Trovy has 4 institutional investors.

Here is the list of recent funding rounds of Trovy:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 24, 2026
5039796
Series A
6133988
6786177
4629050
8319434
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Trovy's Competitors and alternates

Top competitors of Trovy include loanDepot, Unison and Rocket Mortgage. Here is the list of Top 10 competitors of Trovy, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for loanDepot
loanDepot
2010, Lake Forest (United States), Public
Mortgage lender providing home loans, refinancing, and home equity solutions
$71.9M
72/100
2nd
Logo for Unison
Unison
2004, San Francisco (United States), Series C
Co-investment for buying a residential property
$256M
68/100
3rd
Logo for Rocket Mortgage
Rocket Mortgage
1999, Detroit (United States), Public
Online platform for mortgage loans
-
-
65/100
4th
Logo for GoodLeap
GoodLeap
2003, Roseville (United States), Late Stage
Provider of home improvement services
$800M
62/100
5th
Logo for NewRez
NewRez
2008, Washington (United States), Funding Raised
Provider of an online lending platform for mortgage loans
-
60/100
6th
Logo for Mr. Cooper
Mr. Cooper
1994, Dallas (United States), Acquired
Provider of an app-based platform for residential mortgage loans
-
60/100
7th
Logo for Movement Mortgage
Movement Mortgage
2008, Fort Mill (United States), Funding Raised
Online and mobile app based mortgage loans
-
-
57/100
8th
Logo for Splitero
Splitero
2021, San Diego (United States), Series B
Developer of an online platform for home equity loans
$318M
56/100
9th
Logo for Noah
Noah
2016, San Francisco (United States), Series B
Online platform for residential mortgage loans
$156M
54/100
10th
Logo for Atlas Invest
Atlas Invest
2022, New York City (United States), Series B
Provider of a lending platform for real estate-backed loans
$11M
54/100
36th
Logo for Trovy
Trovy
2024, New York (United States), Series A
Provider of home equity lines of credit with card access
$25M
35/100
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Trovy's Investments and acquisitions

Trovy has made no investments or acquisitions yet.

Reports related to Trovy

Here is the latest report on Trovy's sector:

News related to Trovy

Media has covered Trovy for a total of 2 events in the last 1 year.
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FAQs about Trovy

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