Spring EQ Revenue and Competitors

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Total Funding

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Estimated Revenue & Valuation

  • Spring EQ's estimated annual revenue is currently $96.1M per year.(i)
  • Spring EQ's estimated revenue per employee is $262,500

Employee Data

  • Spring EQ has 366 Employees.(i)
  • Spring EQ grew their employee count by 35% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$5.2M3732%N/AN/A
#2
$4.1M34-15%N/AN/A
#3
$4M32-9%N/AN/A
#4
$6M43169%N/AN/A
#5
$21.2M121-3%N/AN/A
#6
$3.2M268%N/AN/A
#7
$14M74-21%N/AN/A
#8
$3.1M250%N/AN/A
#9
$4M3210%N/AN/A
#10
$6.2M4457%N/AN/A

Spring EQ unlocks the goals of homeowners by providing visibility and access to their home's equity. Unlike banks and other lenders, Spring EQ's platform simplifies access to the value of their home, and when the need arises, dramatically reduce the time and cost to tap into that value. Spring EQ is a technology-based originator of nationwide loan products. Founded by proven entrepreneurs and industry leaders, we pride ourselves in creating opportunity for our customers and our employees. With a focus on continual growth, employees have the ability to build a career at Spring EQ. They enjoy an upbeat, entrepreneurial culture with casual dress in an open-office environment. Spring EQ encourages all employees to bring new ideas to the table, rise to any challenge and passionately contribute to our culture of continuous growth and opportunity. Coming in on the ground floor, youll have an opportunity to contribute first hand all employee-based programs, events, community volunteer programs, and benefits.

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Total Funding

366

Number of Employees

$96.1M

Revenue (est)

35%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Spring EQ News

2022-04-19 - Spring EQ Is Named a “Best Mortgage Company to Work for”

PHILADELPHIA--(BUSINESS WIRE)--Spring EQ, a leading home equity lender, has been named as one of the 2022 Best Mortgage Companies to Work...

2022-04-19 - Spring EQ Is Named a "Best Mortgage Company to Work for"

PHILADELPHIA, April 27, 2022--(BUSINESS WIRE)--Spring EQ, a leading home equity lender, has been named as one of the 2022 Best Mortgage...

2022-04-17 - KBRA Assigns Preliminary Ratings to Saluda Grade ...

The underlying pool is seasoned seven months and comprises 2,327 loans originated by Spring EQ, LLC (Spring EQ; 100%).

2019-04-09 - Broker, HELOC, Warehouse, Non-QM Products; LOS survey ...

Spring EQ is excited to announce added flexibility for approved broker partners and is now offering LPC to 2% of the loan amount, and ...

2018-05-12 - Spring EQ Home Equity: 2019 Comprehensive Review

Founded in 2016, Spring EQ offers home equity loans with quick funding and high loan maximums. The lender is headquartered in ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$58.1M375-2%N/A
#2
$70.7M37754%N/A
#3
$35M3781%N/A
#4
$48.8M38339%N/A
#5
$49.6M3835%$5.9M