Pennymac
PENNYMAC is a prominent U.S. residential mortgage banking and servicing company based in Westlake Village, California. Founded in 2008, it specializes in providing a wide range of home loan solutions, including mortgage origination, loan servicing, and investment management. The company operates through two main subsidiaries: PennyMac Loan Services, a leading national mortgage lender, and PNMAC Capital Management, which manages the PennyMac Mortgage Investment Trust. PENNYMAC offers various mortgage products, including conventional, FHA, VA, and jumbo loans, and serves individual homebuyers,
Investing activity
Pennymac appears in 1 AI deal tracked by the AI Lounge deals desk, rounds totalling $30M. The rounds are mostly Series B, with a median round size of $30M. The most recent is Vesta (Series B, $30M, Oct 2026).
Pennymac most often invests alongside Conversion Capital, First American, Zigg Capital and NBKC Bank, and the companies it backs on AI Lounge are mostly in AI agents for mortgage lending.
Deals
Frequently asked questions about Pennymac
What AI companies has Pennymac invested in?
Pennymac's AI investments include Vesta. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Pennymac based?
Pennymac is based in Westlake Village, California, United States.
What stage does Pennymac invest at?
In the rounds tracked on AI Lounge, Pennymac has invested at Series B, with a median round of $30M.
Who does Pennymac co-invest with?
Pennymac's most frequent co-investors on AI Lounge are Conversion Capital (1 deal), First American (1 deal), Zigg Capital (1 deal), NBKC Bank (1 deal) and Citi Ventures (1 deal).
How can founders reach Pennymac?
Founders on AI Lounge can see Pennymac's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Pennymac to their Investor Pipeline to track the conversation.