PMI Rate Pro Secures Funding Support
Support from Women's Capital Connection and Mid-America Angels to Drive Innovation and Market Expansion
Nomi Smith,
Chief Executive Officer
PMI Rate Pro
OVERLAND PARK, KS (July 12, 2023) – PMI Rate Pro, a cutting-edge technology company hyper-focused on PMI (Private Mortgage Insurance), is proud to announce a significant funding investment from the Women's Capital Connection (WCC) — a leading investment group dedicated to supporting female-led businesses — and the Mid America Angels (MAA) — one of the largest angel investor networks in the Midwest region. This investment represents a major milestone for PMI Rate Pro as it accelerates its growth trajectory and solidifies its position as an industry disruptor.
"Women's Capital Connection is committed to promoting gender equality in entrepreneurship and investment," says Kelly Sievers, WCC Managing Director. " Our members recognize PMI Rate Pro's exceptional potential to transform the mortgage insurance landscape with its innovative technology and visionary leadership. Through this investment, PMI Rate Pro gains not only crucial financial support but also access to a network of experienced advisors, mentors, and industry influencers."
Nomi Smith, Chief Executive Officer of PMI Rate Pro, expressed her enthusiasm about the support from WCC, stating, "We are delighted to work with Women's Capital Connection as we embark on our mission to revolutionize the mortgage insurance industry. This investment from MAA and WCC not only validates the value and potential of our solutions, but also provides us with the resources and guidance needed to expand our reach and make a lasting impact.”
Smith continued, "Women's Capital Connection's dedication to fostering women's leadership and entrepreneurship aligns with our company's core values. As we aim to disrupt the status quo and create more opportunities for women in the mortgage insurance sector, we are grateful for their support and look forward to achieving remarkable milestones together."
With the infusion of the investment capital and industry expertise, PMI Rate Pro is poised to cement its position as a game-changer in the market, driving innovation and empowering lenders to exceed expectations.
About PMI Rate Pro
PMI Rate Pro is a leading provider of cutting-edge mortgage insurance solutions, leveraging advanced technology to revolutionize the industry. Committed to simplifying and streamlining mortgage insurance processes, PMI Rate Pro offers a state-of-the-art platform that enables lenders to access instant and accurate mortgage insurance rates. The PMI Pricing Engine delivers prices from all six MI providers across five standard insurance products, all with a single click of a button. The quotes can be displayed in order by best price, or in order based on our risk allocation algorithm.By combining automation, data analytics, and user-friendly interfaces, PMI Rate Pro empowers lenders to enhance efficiency, reduce costs, and provide superior service to homebuyers.
About Women's Capital Connection
Women's Capital Connection (WCC) is a regional investment group dedicated to supporting female-led businesses and promoting gender equality in entrepreneurship and investment. Through its network of investors, advisors, and mentors, WCC provides financial support, strategic guidance, and valuable connections to empower women entrepreneurs and their ventures. By fostering women's leadership and unlocking their potential, WCC is driving positive change in the business world.
About Mid-America Angels
Founded in 2006 to help fill the void in the region’s early-stage capital, the Mid-America Angels (MAA) has grown to be one of the largest angel investor networks in the Midwest. With chapters located in Kansas City, St. Joseph and Topeka, our member-led network of accredited investors — including the Women’s Capital Connection (WCC) — is passionate about startups and providing entrepreneurs with the capital necessary to scale and grow.
For media inquiries, please contact:
Kelly Sievers, Managing Director
Women's Capital Connection
ksievers@womenscapitalconnection.com
Jeff Shackelford, Executive Director
Mid-American Angels Network
jeff@midamericaangels.com