Mesa, the membership platform built for homeowners, today announced a strategic funding round of $24M in debt and equity from key partners in the housing, lending, and home improvement space, bringing its total raised to over $33M to date. Lowe’s and Paramount Residential Mortgage Group participated, doubling down on their roles as loyalty and platform partners in Mesa.1 Trinity Capital, a leading alternative asset manager, also participated in the round along with other strategic mortgage lenders and servicers. The round signals strong support for Mesa’s mission as it builds a comprehensive loyalty ecosystem to benefit homeowners on their biggest investment – the home.
By uniting major players in housing, retail, finance, and legal under one platform, Mesa is delivering on its mission to make homeownership more affordable and rewarding. Mesa members get real value for every dollar they spend on their home – from the Mesa Credit Card, earning redeemable reward points on monthly mortgage payments and everyday household purchases2, to Mesa Mortgage, also offering reward points for new mortgages or refinancing.
“In today’s economy, homeowners are being hit from every angle – high interest rates, insurance premiums, and aging homes in need of repair. We must work across every part of the homeownership ecosystem to drive positive change,” said Kelley Halpin, CEO and founder of Mesa. “Together, we’re building a platform that makes it easier for brands to reach this key consumer and puts a lot of value back in the homeowner’s pocket.”
The additional capital will continue to fuel Mesa’s rapid growth as it accelerates product development, implements new industry partners across all categories of homeownership, and scales its team to meet increased demand.
“We are proud to partner with the team at Mesa as they work to redefine the homeownership experience,” said Steven Lambe, Managing Director, Asset Based Lending at Trinity. “Their innovative model not only rewards homeowners but also promotes long-term financial well-being for today’s homebuyers.”
The Mesa Mortgage and The Mesa Homeowners Card are both available now. To get started, download the Mesa App from the App Store today. Learn more at mesamember.com.
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