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Brace
AcquiredSanta Monica, US · Founded 2017 · Delaware corporation · 27 employees on LinkedIn · 8 known investors
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Stavvy provides an end-to-end digital loss mitigation and default management platform for mortgage servicers, covering homeowner application intake, workflow and compliance automation, and remote document execution. It serves mortgage servicing operations in the US, handling loss mitigation for programs including FHA, USDA, VA, PIH, and agency loans from Freddie Mac and Fannie Mae.
Founders & leadership
Brace was founded in 2017 by Eric Rachmel.
Board
Investors · 8
How we know: AAF Management Ltd.'s portfolio page · the VCSheet dataset · Not right? Tell us
How we know: Clocktower Ventures's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Crosslink Capital's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Revolution's portfolio page · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: funding news · finance.yahoo.com · Not right? Tell us
How we know: funding news · calcalistech.com · Not right? Tell us
Funding
SEC filings, press & company announcements$31.7M disclosed across 3 of 4 rounds · 2020–2025
- $6MSeed roundOct 2025 · 2 sources
Blumberg Capital (lead), Gradient Ventures (lead)
Source ↗ - Undisclosed amountSeries AJan 2025Source ↗
▶$15.7MraisedJan 2021 · 5 investors · Other TechnologyRule 506(b)
- Rachmel EricExecutive Officer, Director
- Offering amount
- $15.7M
- Amount sold
- $15.7M
- First sale
- Nov 2020
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$10MraisedFeb 2020 · 9 investors · Other TechnologyRule 506(b)
- Eric RachmelExecutive Officer, Director
- David SilvermanDirector
- Robert BrueckmannDirector
- Tripp ShrinerDirector
- Offering amount
- $10M
- Amount sold
- $10M
- First sale
- Jan 2020
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 1
Companies working in the same space as Brace.
Frequently asked questions
- What does Brace do?
- Stavvy provides an end-to-end digital loss mitigation and default management platform for mortgage servicers, covering homeowner application intake, workflow and compliance automation, and remote document execution. It serves mortgage servicing operations in the US, handling loss mitigation for programs including FHA, USDA, VA, PIH, and agency loans from Freddie Mac and Fannie Mae.
- Who founded Brace?
- Brace was founded by Eric Rachmel in 2017.
- Who are Brace's investors?
- Brace's investors include AAF Management Ltd., Clocktower Ventures, Crosslink Capital, Point72 Ventures, Revolution, ANOBAKA, Blumberg Capital, Gradient Ventures.
- How much funding has Brace raised?
- Brace has disclosed $31.7M raised across 3 of its 4 known rounds.
- Where is Brace headquartered?
- Brace is headquartered in Santa Monica, US.