Online mortgage originator Neat Capital adds $2M to previous $20.5M round

BOULDER — Online mortgage producer Neat Capital Inc. has closed on a $22.5 million Series B round.

In a statement Tuesday, the Boulder-based company said the funds will be used to scale up its operations and add new lenders to its platform.

Neat Capital is an online-only mortgage originator, using algorithms to find competitive mortgage rates or refinancing offers for buyers. It is currently licensed to lend in California, Colorado, Connecticut, New Mexico, Texas, Washington State and the District of Columbia.

BizWest reported the company’s initial disclosure of the round last month,…