About Floify
Floify is a company based in Boulder (United States) founded in 2012 was acquired by Porch Group in October 2021.. The company has 43 employees as of December 31, 2021. Floify offers products and services including Floify Platform, Lender Edition, and Broker Edition. Floify operates in a competitive market with competitors including SimpleNexus, Roostify, Vesta, Cloudvirga and BlueSage, among others.
- Headquarter Boulder, United States
- Employees 43 as on 31 Dec, 2021
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Floify Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
43
as on Dec 31, 2021
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Acquired by
Porch Group
(Oct 27, 2021)
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Products & Services of Floify
Floify offers a comprehensive portfolio of products and services, including Floify Platform, Lender Edition, and Broker Edition. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates loan origination and management for financial institutions.
Tailored for independent mortgage banks to enhance efficiency.
Simplifies loan management for mortgage brokers.
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Funding Insights of Floify
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Floify
Floify has secured backing from 1 investor. Prominent investors backing the company include Porch Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Software and services are provided to home improvement industries.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Floify
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Floify
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Floify Comparisons
Competitors of Floify
Floify operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SimpleNexus, Roostify, Vesta, Cloudvirga and BlueSage, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Loan life cycle management platforms are developed for mortgage lenders.
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| domain | founded_year | HQ Location |
Digital loan origination solutions are provided for mortgage lenders.
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| domain | founded_year | HQ Location |
Pillow and duvet cover products are provided by Vesta brand.
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| domain | founded_year | HQ Location |
Cloud-based automation of mortgage lending processes is provided.
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| domain | founded_year | HQ Location |
Cloud-based mortgage origination and customer engagement solutions are provided.
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| domain | founded_year | HQ Location |
Blockchain is applied to mortgage and insurance application processes.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Floify
Frequently Asked Questions about Floify
When was Floify founded?
Floify was founded in 2012.
Where is Floify located?
Floify is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
How many employees does Floify have?
As of Dec 31, 2021, the latest employee count at Floify is 43.
What does Floify do?
Floify was founded in 2012 in Boulder, United States, and operates in the mortgage technology sector. Borrower portals and dashboards are provided to financial institutions, enabling automated document collection from borrowers. Milestone updates are delivered to keep borrowers and real estate agents informed, while workflow tasks are tracked for back-office operations. Pipeline status monitoring is also supported to oversee lending processes.
Who are the top competitors of Floify?
Floify's top competitors include Cloudvirga, Acre and SimpleNexus.
What products or services does Floify offer?
Floify offers Floify Platform, Lender Edition, and Broker Edition.
Who are Floify's investors?
Floify has 1 investor. Key investors include Porch Group.
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