LL Funds is an SEC-registered independent investment firm founded in 2009 and based in Philadelphia. The firm specializes in asset-backed securities (ABS), private credit, warehouse lending, and equity investments in specialty consumer finance originators.
38% of their portfolio is in PropTech. Their most common stage is series-b (50% of deals). Average disclosed round size is $56.4M (across 7 rounds with reported amounts).
Portfolio
7
Fund Size
—
Top Stage
Series B
Last 12 Mo
0
Team
Jim Morrissey
Partner
Marek Skawinski
Portfolio Manager, Partner
Putnam Coes
Chief Operating Officer, Partner
Raj Mundy
Partner
Andy Astheimer
Director of Investor Relations Client Service
José González-Heres
Director of Private Lending
Cory Salmonson
Investor Relations Associate
Zhiming Lian
Associate, Quantitative Modeling
Caroline Bean
Investment Analyst
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 Evernest | Series B | $15M | Jan 2025 |
 Billd | Series B | $17.5M | Oct 2024 |
 Freemodel | Series A | $19.5M | Jan 2023 |
| PPicket | Series B | $20M | Jan 2023 |
 Poplar Homes | Series B | $53M | Mar 2022 |
 Mission Lane | Series A | $200M | Sep 2019 |
| Mission Lane | Unknown | — | Jan 2019 |
| RRenew Financial | Growth | $70M | Feb 2016 |
Top Co-Investors
Last updated: 8 September 2026