About Encomia
Encomia is a Financial Services company based in Houston (United States) founded in 1999, and was acquired by IDS in September 2016. It operates as an eMortgage solutions are provided to lending institutions for loan streamlining. The company was acqui-hired. Its focus areas include FinTech, Banking Tech, Loan Life Cycle Management and Loan Origination. Its legal entity is ENCOMIA, LP. Its competitors include SimpleNexus, Roostify, Cloudvirga, BlueSage and Vesta and 5 more; 8 of its 10 listed competitors have raised funding.
Company details
Encomia was founded in 1999 and is based in Houston, United States. eMortgage solutions are delivered to depository and non-depository lending institutions through its platform. Loan applications and closings are streamlined, while secure electronic document storage via eVault is maintained. eSignature capture, eValidation, and verification services for assets and income are also offered in the financial technology sector.
- Headquarters Houston, United States
- Stage Acquired
- SectorsFinancial Services
- Website encomia.com
- Social LinkedIn
- Acquired by IDS (Sep 2016)
- Legal Name Encomia, Lp
- Investors
- Acquired byIDS
(Sep 2016)
Investors in Encomia
Encomia has secured backing from 1 investor. Prominent investors backing the company include Wolters Kluwer.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Web-based software for document management and preparation is offered. | 1986 | idsdoc.com | Draper, United States |
Investor details for Encomia
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Encomia
2 dated milestones of Encomia across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Encomia is founded.
- Exit Acquired by IDS.
Competitors of Encomia
Encomia has 10 listed competitors in our database, 8 of them funded. They include SimpleNexus, Roostify, Cloudvirga, BlueSage and Vesta, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| simplenexus.com | 2011 | Draper, United States | $128M | 113 | Loan life cycle management platforms are developed for mortgage lenders. | |
| roostify.com | 2012 | Burlingame, United States | $61.71M | – | Digital loan origination solutions are provided for mortgage lenders. | |
| cloudvirga.com | 2015 | Irvine, United States | $100.51M | – | Cloud-based automation of mortgage lending processes is provided. | |
| bluesageusa.com | 2011 | Englewood Cliffs, United States | $35M | 128 | Cloud-based mortgage origination and customer engagement solutions are provided. | |
| vesta-sleep.com | 2020 | San Francisco, United States | – | – | Pillow and duvet cover products are provided by Vesta brand. | |
| acresoftware.com | 2018 | London, United Kingdom | $14.54M | 27 | Blockchain is applied to mortgage and insurance application processes. | |
| floify.com | 2012 | Boulder, United States | – | 43 | Mortgage borrower portals and dashboards are offered to financial institutions. | |
| lenderprice.com | 2015 | Los Angeles, United States | $8.41M | – | Competitive analytics and pricing are offered for the mortgage sector. | |
| opercredits.com | 2018 | Brussels, Belgium | $14.73M | 4 | A plug-and-play solution for digital mortgage products is offered. | |
| mqube.com | 2016 | Guildford, United Kingdom | $6.44M | 7 | Software solutions for the mortgage industry are developed and provided. |
Detailed competitors of Encomia
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as Encomia (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | – | 3,462 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.01 B | USD 813.42 M | 2,835 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 2,149 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, England, United Kingdom | USD 852.48 M | – | 556 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Encomia
Encomia was founded in 1999.
Encomia is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Encomia was founded in 1999 and is based in Houston, United States. eMortgage solutions are delivered to depository and non-depository lending institutions through its platform. Loan applications and closings are streamlined, while secure electronic document storage via eVault is maintained. eSignature capture, eValidation, and verification services for assets and income are also offered in the financial technology sector.
Encomia's top competitors include Cloudvirga, Floify and Acre.
Encomia has 1 investor. Key investors include Wolters Kluwer.
Encomia operates through Encomia, Lp.
Yes. Encomia was acquired by IDS in September 2016.