The round was led by Costanoa, with participation from Emergence Capital. Today, Sela's AI agents help loan officers originate more than $1 billion in new mortgages per month, and the company has crossed $10 million annualized run-rate revenue in 18 months. Sela will use the funding to grow its team and continue to develop agents that guide borrowers through the entire consumer finance journey.

Sela builds AI agents for consumer lending. Its agents hold millions of real conversations with consumers, help them navigate complex decisions, and connect engaged borrowers to loan officers to complete the loan.