Better Mortgage Revenue and Competitors
Estimated Revenue & Valuation
- Better Mortgage's estimated annual revenue is currently $360.3M per year.
- Better Mortgage received $70.0M in venture funding in February 2019.
- Better Mortgage's estimated revenue per employee is $185,900
- Better Mortgage's total funding is $905M.
- Better Mortgage's current valuation is $6B.
Employee Data
- Better Mortgage has 1938 Employees.
- Better Mortgage grew their employee count by -14% last year.
Better Mortgage's People
| Name | Title | Email/Phone |
|---|---|---|
1 | Founder & CEO | Reveal Email/Phone |
2 | Chief Accounting Officer and SVP | Reveal Email/Phone |
3 | Chief Compliance Officer/General Counsel | Reveal Email/Phone |
4 | Head Operations | Reveal Email/Phone |
5 | Head Creative | Design | Reveal Email/Phone |
6 | VP, Product | Reveal Email/Phone |
7 | Head Total Rewards | Reveal Email/Phone |
8 | Controller | Reveal Email/Phone |
9 | Head Loan Processing | Reveal Email/Phone |
10 | EVP - Head Partnerships | Reveal Email/Phone |
Better Mortgage Competitors & AlternativesAdd Company
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $2541.9M | 8646 | 5% | N/A | N/A |
#2 | $1372.4M | 4668 | 5% | N/A | N/A |
#3 | $15.4M | 60 | -26% | $73M | N/A |
#4 | $2540.2M | 8640 | -11% | N/A | N/A |
#5 | $4540M | 5720 | -7% | $181.9M | $1.5B |
#6 | $25.2M | 153 | -11% | N/A | N/A |
What Is Better Mortgage?
At Better, we make getting a mortgage fast, simple, and totally better. From our offices in NYC, we're revolutionizing a $13 trillion industry. Americans pay more for housing than for almost all else combined - 33% of personal consumption expenditure. Yet somehow the mortgage process still takes nearly 50 days, costs over $5,000 in administrative fees, and requires more than 225 pages of paper and endless phone calls with commissioned loan brokers. We think this is insane - so we're fixing it. Our team combines leading technologists from companies like Spotify and Google with a mortgage bank that has three generations of experience. Together we're using data science, machine learning, and UX design to make the mortgage experience what it should be - an enjoyable and exciting part of the biggest transaction in most Americans lives. We're always hiring top talent - help make financing a home better for all Americans! NMLS #330511
keywords:Real Estate, Financial Services, Finance, Consumer Lending, Finance Technology
$905M
Total Funding
1938
Number of Employees
$360.3M
Revenue (est)
-14%
Employee Growth %
$6B
Valuation
N/A
Accelerator
Better Mortgage News
Digital mortgage company Better.com has conducted its third mass layoff in less than five months, citing a declining mortgage market,...
The mortgage lender Better.com announced another round of layoffs on Tuesday after cutting roughly 900 people late last year in a mass...
The startup reportedly offered up plans that entitled employees to as much as 60 days of severance and health insurance. Better.com's headcount...
When executives at online mortgage company Better.com decided to take their company public earlier this year, they elected not to go the traditional IPO route or direct listing. Instead, Better will hit the public markets by merging with blank-check company Aurora Acquisition Corp in a SPAC deal ...
Online mortgage company Better.com has acquired U.K.-based startup Property Partner as it seeks to expand into new markets and offer new product lines. The deal could give Better a way to augment its lending business with the potential to enable fractional ownership of properties in the U.S. and ...
Other Companies in New York
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $691.3M | 1944 | 18% | N/A |
#2 | $390M | 1950 | 70% | $1.8B |
#3 | $553.2M | 1956 | -2% | N/A |
#4 | $575.1M | 1956 | 5% | N/A |
#5 | $450M | 1972 | N/A | N/A |
Better Mortgage Funding
| Date | Amount | Round | Lead Investors | Reference |
|---|---|---|---|---|
| 2016-06-13 | $30.0M | A | Multiple | Article |
| 2017-02-10 | $15.0M | B | Kleiner Perkins | Article |
| 2019-02-01 | $70.0M | C | American Express Ventures | Article |