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Valon

AI-native operating system for mortgage servicing (ValonOS)
Valon Technologies builds ValonOS, an AI-native operating system for regulated mortgage servicing, combining subservicing operations with software and AI agents that run on the platform. Founded in 2019 by Andrew Wang, Eric Chiang, and Jonathan Hsu. On October 5, 2026 the company announced a $150 million Series D at a $2.3 billion valuation, with new investor Ribbit Capital and continued participation from Andreessen Horowitz; the release said the mark doubled its prior valuation and that one in six outstanding U.S. mortgages is under contract to run on ValonOS.
Fintech 📍 New York, New York Founded 2019
Current Valuation
$2.3B
as of 2026-10
UNICORN

QL Price

$2.3B
0% vs last round
QuantLogix's current estimate for Valon, published 2026-10-14 — in line with the last disclosed round of $2.3B (2026-10).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round $2.3B 2026-10 weight 0.98
How this price has held up
No round has priced for Valon since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-14 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Valon →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Valon, 2026-10-14 (80549caf8ab0633f). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is Valon going public?
No. Valon is private and has not filed to go public. There is no S-1 on file.
What is Valon's valuation in 2026?
Valon is valued at $2.3B as of Oct 2026, set by its Series D ($150M, Oct 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Valon filed an S-1?
No public S-1 is on file for Valon.
Who are Valon's investors?
Valon's investors include Ribbit Capital, Andreessen Horowitz.
Is Valon publicly traded — can you buy Valon stock?
No. Valon is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Valon on its Pre-IPO Access Desk.
How to actually get exposure to Valon →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Andrew Wang
Founded
2019
HQ
New York, New York
Growth
Series D to scale ValonOS deployments; one in six U.S. mortgages under contract per Oct 2026 release
Last Round
Series D — $150M (Oct 2026) · Lead: Ribbit Capital
IPO Status
private

Fundraising Status

Series D · $150M · this month
private1 disclosed rounds

Series D Impact

Round Size
$150M
Primary financing announced
Post-Money Valuation
$2.3B
Company-announced mark
Round / Post-Money
6.5%
New capital ÷ post-money
Step-up compares disclosed post-money valuations. Round / post-money is a financing-size ratio, not an ownership or dilution estimate.

Funding History

RoundAmountDateLead InvestorPost-Money
Series D$150MOct 2026Ribbit Capital$2.3B

Talent Signal

Hiring trend
● First snapshot
trend accrues with monthly sweeps
Open roles
24
via ashby
Product-build share
67%
engineering, research, product, design
Trajectory
steady
heavy product build — 67% of open roles are product-building functions (engineering/research/product) — 8 of 24 open roles are engineering.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month24Sep '26
Open roles by function
Open roles by functionEngineering8Product3Ops & People3Security3Other2Design2Sales & GTM2Marketing1
■ product-building   ■ go-to-market / G&A
Senior Product Manager, Product InfrastructureStaff Product Designer, Product InfrastructureSenior Product ManagerEngineering Manager, Platform - Cloud InfrastructureSenior Security Engineer, Identity & Access ManagementSenior Software Engineer
Counted from Valon's live job board as of 2026-09-29; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Andrew WangEric ChiangJonathan Hsu

Investors

Ribbit Capital · Andreessen Horowitz

Products

  • ValonOS
  • Mortgage subservicing
  • AI agents for servicing workflows

Competitors

Black Knight (ICE Mortgage Technology) · Mr. Cooper · LoanCare
FintechReal EstateMortgageAI
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-10. Refreshed quarterly.