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Morty
Mortgage marketplace
- 21-100 employees
- Fintech
- B2C
- Property
- Retail
- Marketplace
- Mortgages
- Lending
- Hudson Square, New York, NY
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Company mission
To empower homebuyers to confidently secure and finance their home purchase online.
Some candidates hear
back within 2 weeks
-39% employee growth in 12 months
Our take
As the cost of mortgages has risen as a result of restricted supply and imminent increased interest rates, prospective homeowners are looking for alternative, cheaper mortgage options to facilitate their dreams of owning a home. Morty’s mortgage marketplace is capitalising on that demand.
The startup is distinguished by its user-friendly approach, allowing homebuyers to compare mortgage options from any lender alongside features like automated loan options which provide accurate quotes without the multiple back and forth with traditional lenders.
Morty is planning to expand nationwide across the US and eventually internationally in the coming years. Moreover, while they currently only process purchase applications refinances are on their roadmap.
The startup has done well to simplify the process for prospective homeowners in the US. However, expanding their product to other verticals and geographies will not be easy in what is a notoriously complicated and red-taped industry.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Unlimited PTO
- 401k
- Free health insurance (medical, dental, and vision)
- Public transportation benefits and pre-tax plans if you choose to commute to our accessible office in West SoHo
- Casual dress code
Funding (last 2 of 4 rounds)
Jul 2021
$25m
SERIES B
Aug 2019
$8.5m
SERIES A
Total funding: $39.5m
This company has top investors
Leadership
Nora Aspel
(CEO)Began her career in the nonprofit world before moving onto become a software and front-end engineer working for venture-backed startups—most notably Meetup, Flurry (acquired by Yahoo) and Truly Wireless.
Adam Rothblatt
(CTO)Former algorithmic trader at Goldman Sachs. Before Morty, they were an advisor and co-founder of Daily Boards and a consultant for WayUp, an online job marketplace for college students.