MAXEX Revenue and Competitors

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Atlanta, GA USA

Location

$80.4M

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • MAXEX's estimated annual revenue is currently $15.9M per year.(i)
  • MAXEX received $38.0M in venture funding in September 2018.
  • MAXEX's estimated revenue per employee is $130,000
  • MAXEX's total funding is $80.4M.

Employee Data

  • MAXEX has 122 Employees.(i)
  • MAXEX grew their employee count by -20% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$8.4M72-8%N/AN/A
#2
$7.1M61369%N/AN/A
#3
$4.4M42N/AN/AN/A
#4
$1.8M20233%N/AN/A
#5
$16M12321%$35.4MN/A
#6
$2.5M27-4%N/AN/A
#7
$4.9M50-58%$34.6MN/A
#8
$3.2M3141%N/AN/A
#9
$2.2M24-8%N/AN/A
#10
$3.5M34-51%N/AN/A

MAXEX, LLC is a financial services technology company that has developed a multi-seller to multi-buyer residential mortgage exchange for the benefit of the tens of thousands of institutions nationwide that buy and sell residential mortgage loans in today's $1.6 trillion per annum secondary mortgage market. The U.S. mortgage market is the second largest debt market in the world behind the U.S. Treasury market, yet mortgage loans have never been successfully put on a centralized exchange due to their complexities. MAXEX's technology and unique program structure combine to address the issues that have stymied the modernization of this large market and enable buyers and sellers of residential mortgage loans to operate more efficiently, transact with more confidence, and scale like never before.

keywords:Banking,Finance

$80.4M

Total Funding

122

Number of Employees

$15.9M

Revenue (est)

-20%

Employee Growth %

N/A

Valuation

N/A

Accelerator

MAXEX News

2020-08-26 - MAXEX becomes direct seller to Fannie Mae, expands loan programs

MAXEX, which last month re-introduced its Jumbo Express loan program, announced today that it is has been approved as a direct seller to Fannie Mae and is expanding its conforming loan program. MAXEX’s Chairman and CEO Tom Pearce announced the news in a letter to the company’s mortgage lender u ...

2020-03-02 - 2020 HW Tech100 Mortgage winner: MAXEX

MAXEX has created its own clearinghouse, MAXEX Clearing, which serves as the central counterparty to each side of the transaction. In addition, more than 100 parties have agreed to MAXEX’s single, standardized agreement. Creating such momentum overcomes a key barrier in the trading of complex se ...

2019-08-31 - Norwalk Now celebrates new look, expanded scope

... we could open it up to the entire city,” said Linda Kavanaugh, of MaxEX Public Relations, the firm contracted by the city to oversee the site.

2019-05-17 - Maxex Closes Series B Funding

Thomas M. Pearce, Jr.,Chairman & CEO, MAXEX, LLC Maxex, LLC, an Atlanta, GA-based residential mortgage loan exchange, closed a Series B funding round of undisclosed amount. The round was led by AGNC Ventures, an affiliate of AGNC Investment Corp., an internally-managed mortgage real estate inv ...

2019-05-16 - MAXEX Receives Investment from New Strategic Investor

ATLANTA, May 16, 2019 /PRNewswire/ -- MAXEX, LLC, a residential mortgage loan exchange, announced today the closing of a Series B ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$18.3M1225%N/A
#2
$7.5M1223%N/A
#3
$39.4M1223%N/A
#4
$17M1220%N/A
#5
$16M12321%$35.4M

MAXEX Funding

DateAmountRoundLead InvestorsReference
2018-09-25$38.0MUndisclosedMoore Asset Backed Fund, LPArticle