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.

Type
Private
HQ
New York, US
Founded
2015
Employees
84 (est)+4%
Better Mortgage was founded in 2015 and is headquartered in New York, US

Key People at Better Mortgage

Chamath Palihapitiya

Chamath Palihapitiya

Co-Founder + Chairman
Geoff Clapp

Geoff Clapp

Co-founder
Christian Schwarzer

Christian Schwarzer

VP Distribution
Carl Baatz

Carl Baatz

Co-founder & CTO
Tiem Song

Tiem Song

Team Member
Abhik Pramanik

Abhik Pramanik

Product
Jan Sramek

Jan Sramek

Co-founder & CEO

Better Mortgage Locations

New York, US

Better Mortgage Metrics

Better Mortgage Summary

Founding Date

2015

Total Funding

$30 M

Latest funding size

$30 M

Time since last funding

6 months

Investors

Better Mortgage's latest funding round of $30 M was in June 2016. In total, Better Mortgage has raised $30 M.
10% of current employees of Better Mortgage are female and 90% are male.

Better Mortgage News

Better Mortgage Company Life

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