Vontive, a technology company standardizing the business-purpose mortgage, announced an equity investment from Citi. Vontive also launched a $150 million securitization, VNTV 2025-RTL1.
The funding was made through Citi’s Spread Products Investment in Technologies (SPRINT) team, which is the strategic venture investing arm of Citi’s Spread Products business.
VNTV 2025-RTL1: VNTV 2025-RTL1 establishes Vontive’s securitization shelf, combining a traditional structure for credit investing with its technology for digitally originating, underwriting, and servicing business-purpose mortgages at scale. Citi worked as the sole lead for the transaction.
Vontive’s platform connects private credit investors with real estate entrepreneurs, removing barriers preventing private credit from financing the revitalization of U.S. housing stock.
Problem being addressed: Tens of millions of homes were built before 1980, and many will require renovation as the country faces a chronic and worsening shortage of affordable housing.
Through securitization, Vontive facilitates the flow of private capital to fund real estate modernization as investors seek higher-yielding exposure to U.S. mortgage credit.
Vontive has dedicated years to creating software that incorporates what traditional lenders have always been forced to do manually. And its latest advancements apply granular knowledge of housing markets, properties, borrowers, document requirements, and more to streamline and improve operations. Vontive’s platform enables capital allocators to access complex and esoteric credit assets increasingly.
KEY QUOTES:
“There is unprecedented demand for private credit exposure from financial institutions but delivering it consistently and at scale requires Vontive’s sophisticated technology. The combination of Citi’s equity investment and full suite of capital markets solutions will enable us to supercharge Vontive’s growth sustainably.”
Vontive CEO and Co-founder Charles McKinney
“Vontive is a highly strategic investment given the meaningful ways that Citi’s Spread Products desks can support them. We are excited about Vontive’s growth potential and their story – they have a strong blend of mortgage and technology expertise.”
Lee Smallwood, Global Head of Markets Innovation and Investments
