Sela Raises $21M Seed and Series A

Sela, a San Francisco-based developer of voice AI systems for mortgage sales, has raised $21 million in total funding across its Seed and Series A rounds. The company, which provides AI agents that assist loan officers in originating mortgages, has reached a $10 million annualized revenue run-rate within 18 months of operation.

Investors

This funding round was led by Costanoa, with additional participation from Emergence Capital.

Sela Use of Funds

Sela plans to utilize the capital to grow its team and continue the development of AI agents designed to guide borrowers through the consumer finance journey.

About Sela

Founded in 2025 by Nate Becker and Vahe Tshitoyan, Sela builds specialized AI agents for the consumer lending industry. The company's platform automates borrower interactions, answers complex queries, and facilitates connections with human loan officers to increase conversion rates and efficiency for mortgage lenders.

Funding Details

Company Website: https://sela.io

Company: Sela
Raised: $21M
Round: Series A
Funding Date: September 22, 2026
Lead Investor: Costanoa
Additional Investors: Emergence Capital
Company Website: https://sela.io
Software Category: Fintech
Source: https://www.morningstar.com/news/pr-newswire/20260922la53527/selas-ai-agents-help-originate-1b-in-loans-per-month-company-raises-21m