"We’re already working to integrate our advanced tech with major banks and lenders to create seamless user experience"
Existing investors Ribbit Capital, Mosaic Ventures and Revolutionary (Ad)Ventures also participated.
In January, Habito secured £5.5m in funding to accelerate growth and further develop its digital capabilities.
The firm says the latest funding round will allow it to work with “major retail banks and high street lenders” to offer real-time mortgage approvals.
By the end of 2017 Habito hopes to develop a fully automated end-to-end platform which will enable it to offer new services, such as real-time mortgage approvals and automatic alerts when a better mortgage deal becomes available to registered customers.
Since its launch in April 2016, Habito has helped more than 50,000 customers and processed over a quarter of a billion pounds worth of home loans.
In September last year, the firm launched an artificially intelligent Digital Mortgage Adviser, which aims to estimate monthly mortgage costs across hundreds of products in 10 minutes.
Daniel Hegarty, Founder & CEO of Habito, said: "First, we want to do more of what we do now — we remain committed to rebuilding the mortgage industry with the customer at its centre. That means relentlessly improving our product and service, and providing the most convenient, straightforward and elegant way to apply for a mortgage. We treasure every great user review and use every piece of feedback to continue to constantly improve our product.
"Second, we want to move beyond our own walls and make the mortgage industry work better. We’re already working to integrate our advanced tech with major banks and lenders to create seamless user experiences and reduce the amount of money currently wasted by homeowners. The real-time mortgage is not far away."
