Better Mortgage

At Better, we're making getting a mortgage fast, simple, and totally better. From our offices in NYC we are revolutionizing a $12 trillion industry. Americans pay more for housing than for almost all other things 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 over 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.

Company Growth (employees)
Type
Private
HQ
New York, US
Founded
2015
Size (employees)
99 (est)+6%
Better Mortgage was founded in 2015 and is headquartered in New York, US

Key People at Better Mortgage

Jan Sramek

Jan Sramek

Co-founder & CEO
Tiem Song

Tiem Song

Team Member
Carl Baatz

Carl Baatz

Co-founder & CTO
Chamath Palihapitiya

Chamath Palihapitiya

Co-Founder + Chairman
Geoff Clapp

Geoff Clapp

Co-founder
Abhik Pramanik

Abhik Pramanik

Product
Christian Schwarzer

Christian Schwarzer

VP Distribution

Better Mortgage Office Locations

Better Mortgage has office in New York
New York, US

Better Mortgage Metrics

Better Mortgage Summary

Founding Date

2015

Total Funding

$45 m

Latest funding size

$15 m

Time since last funding

about 2 months

Investors

We estimate that Better Mortgage's latest funding round in February 2017 was $15 m. In total, Better Mortgage has raised $45 m
We estimate that Better Mortgage's current employees are approximately 10% female and 90% male.

Better Mortgage News

Better Mortgage Company Life

You may also be interested in