New Stack Ventures has led a $1.2 million pre-seed investment in Miami-based Maestro Tech, Inc., a company developing an AI-powered operating system for mortgage originators and lenders. Additional participants in the round include Family VC, ZFO, Roark’s Drift, and a group of angel investors.
The investment marks New Stack’s first lead investment of the year and reflects continued focus on AI-driven solutions addressing large, underserved industries with legacy infrastructure.
Addressing a Fragmented Mortgage Back Office
Mortgage origination remains a highly manual and fragmented process despite representing roughly $2 trillion in annual volume. Lenders and originators typically manage fulfillment workflows across hundreds of disparate lender portals and internal systems, requiring extensive manual data entry, document collection, and compliance verification.
Operations teams often navigate more than 300 lender portals while coordinating borrower documentation, underwriting requirements, and multi-lender submissions. These workflows are time-intensive, error-prone, and difficult to scale.
Maestro Tech is building an AI-native platform designed to automate these processes end-to-end.
An AI Operating System for Mortgage Fulfillment
Maestro deploys AI agents that automate the full mortgage fulfillment lifecycle, including borrower intake, document structuring, compliance checks, and multi-lender submissions. The platform integrates with existing industry infrastructure, including ICE Mortgage Technology’s Encompass, allowing lenders and originators to adopt automation without replacing core systems.
By transforming manual workflows into structured, AI-driven processes, the company aims to reduce processing time, lower operational costs, and improve accuracy across mortgage operations.
Founder with Proven Domain Experience
Maestro was founded by David Rogove, who previously built and exited Wemlo, a mortgage processing platform acquired by RE/MAX. Wemlo was developed and sold within approximately 24 months in an eight-figure transaction.
Rogove’s experience in mortgage operations and prior success building in the category informed the development of Maestro. The new platform applies advances in AI and automation to further streamline processes that were previously addressed through traditional SaaS tools.
Investment Thesis
The mortgage ecosystem represents a large, established market with significant operational complexity and limited modernization. Many workflows remain manual despite advances in financial technology and automation.
Maestro’s approach reflects a broader trend toward applying AI to legacy industries with high transaction volume and repetitive operational processes. By integrating across existing systems and automating fulfillment workflows, the company is positioned to address longstanding inefficiencies in mortgage origination.
Ongoing Investment Activity
New Stack Ventures is actively investing from Fund III, focusing on pre-seed and seed-stage companies applying AI and software to large, legacy industries. Initial check sizes typically range from $500,000 to $1 million.
Founders building AI-driven solutions for complex, underserved markets are encouraged to connect with the firm to discuss potential partnership opportunities.
Learn more about Maestro here: https://www.maestrotech.ai/