Balerion AI Snares $6M Seed Funding

Balerion AI raised a $6 million seed round led by Kleiner Perkins, with participation from Formation and BoxGroup.

The startup has emerged from stealth with an AI platform for mortgage loan origination and underwriting workflows.

Its product is already being used by lenders including FM Home Loans.

The funding highlights growing investor interest in automation software for mortgage lending operations.