PodcastThe a16z ShowOctober 7, 2026
How Valon Rebuilt a $13 Trillion Industry From Scratch
Valon proved its mortgage servicing software by operating as a licensed servicer itself, achieving 3x efficiency before selling the platform industry-wide.
- $13T undisrupted market: Mortgage servicing runs largely on one incumbent's legacy system built before the internet, making it a top-three most undisrupted industry.
- Build-not-buy strategy: Valon rejected pure software and roll-up models, instead becoming a licensed mortgage servicer first to prove its platform before selling it as software.
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