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Roostify Garners $500,000 in Funding from Wells Fargo Accelerator

RoostifyFunding

Mortgage loan technology startup, Roostify, landed $500,000 in funding last week.

The San Francisco-based company received the funds as a part of its participation in Wells Fargo’s startup accelerator program, a semiannual bootcamp for fintech companies. The year-old accelerator has hosted Finovate alums EyeVerify and Zumigo, which graduated in the spring of 2014.

The $500,000 installment adds to Roostify’s series A round received mid-month October from USAA, Colchis Capital Management, and two tier 1 banks. Since the amount of the series A was undisclosed, Roostify’s total funding is unknown.

Roostify debuted at FinovateSpring 2014 in San Jose.