See other companies on Welcome to the Jungle
Roostify
Digital home lending platform
- 101-200 employees
- B2C
- B2B
- Marketplace
- Lending
- Real Estate
- The East Cut, San Francisco, CA
Jump to section
Company mission
Roostify's mission is to build a simple digital home lending platform that fits every client perfectly.
12% employee growth in 12 months
Our take
While COVID-19 slowed the commercial real estate market to a crawl, the pandemic year saw existing residential home sales in the US hit a 14-year high. Roostify is a company enjoying a boom in business because of this high demand with a 250% increase in platform volume back in 2020, and has only gone up since then.
Roostify is a digital platform for mortgage lenders, aiming to allow lenders to process loans more efficiently using automation, while giving buyers a more streamlined process and more clarity. The company has partnered with Google to use Google Cloud AI and machine learning capabilities to assist lenders in faster processing of mortgage applications.
Roostify powers the digital mortgage platforms of big lenders like Santander, JPMorgan Chase, TD Bank, and HSBC Bank USA, and handles $50 billion in loan volume every month. It takes its place as a key player in the competitive digital lending platform market, worth more than $7 billion.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Work from home opportunities
- Health insurance
- Fitness & wellness discount through ClassPass.com
- 401k
- Equity packages
- Headspace membership
- Weekly virtual yoga classes
- Regular virtual team building
Company values
- We are big dreamers
- We are innovative thinkers
- We are true collaborators
Funding (last 2 of 5 rounds)
Jan 2021
$32m
SERIES C
Feb 2018
$25m
SERIES B
Total funding: $65.5m
This company has top investors
Leadership
Rajesh Bhat
(CEO)Studied Computer Science at Washington University in St Louis before joining Ernst & Young as a Staff Consultant. Was a Manager at Allolio & Konrad, and a Senior Associate at Pace Harmon.