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New Deal


Announced

Completed

Accel led a $100m Series A funding round in Lower.

Financials

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Transaction Value£71m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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fintech company

FinTech

Private

Single Bidder

United States

financial sercives

Private Equity

Completed

Venture Capital

Domestic

Acquisition

Minority

Friendly

Synopsis

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Accel, an early and growth-stage venture capital firm, led a $100m Series A funding round in Lower, a provider of home refinancing, customer service, consumer lending, home purchase, and financial services. “At the core, our belief is that homeownership is the greatest wealth creator for folks in America today. And we’re trying to enable that to lower barriers and make it easier," Dan Snyder, Lower CEO.

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