Better Mortgage Growth, Revenue, Number of Employees and Funding

Overview

Location:
Total Funding:$115M
Industry:Fintech
Founded:2014
Lead Investor(s):American Express Ventures, HOOPP
Press

City Ranking

Industry Ranking

State Ranking

Growjo 10k Ranking

Revenue & Financials

  • Better Mortgage's revenue is currently $86.3M per year.
  • Better Mortgage received $70.0M in venture funding in February 2019.
  • Better Mortgage's revenue per employee is $190530
  • Better Mortgage's total funding is $115M.

Employee Data

  • Better Mortgage has 453 Employees.
  • Better Mortgage grew their employee count by 113% last year.
  • Better Mortgage currently has 63 job openings.

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:N/A

453

Number of Employees

$86.3M

Revenue (est)

63

Current Jobs

113%

Employee Growth %

$115M

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

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Better Mortgage News

21-Feb-19 - Citigroup invests in digital mortgage company Better Mortgage

The investors in digital mortgage company and 2018 HW Tech100 winner Better Mortgage are a veritable who's who of the finance space.

21-Feb-19 - Better Mortgage gears lending toward millennials with UberX model

With its latest round of funding, the mortgage fintech company will continue to build its digital platform, with a goal of reducing the complexities

Better Mortgage Funding

DateAmountRoundLead InvestorsReference
2016-06-13$30.0MAMultipleArticle
2017-02-10$15.0MBKleiner PerkinsArticle
2019-02-01$70.0MCAmerican Express VenturesArticle

Better Mortgage Executive Hires

DateNameTitleReference
2017-11-06Jeff CorbettStrategic Partnership TeamArticle
2018-05-08Howard KatzenbergCFOArticle
2018-08-24Sean HundtofteHead of Credit Risk & Chief EconomistArticle

Better Mortgage New Location/Offices

DateLocationReference
2018-10-03Los Angeles, CAArticle