About Rate
Rate is a Financial Services company based in Chicago (United States) founded in 2000 by Victor Ciardelli. Mortgage loans and digital financial services are provided. It operates on a Commission-Based and Brokerage / Intermediation model. The company has 9,261 employees. Rate has completed 4 acquisitions, including Attorneys' Title Guaranty Fund, Owning and Premia Relocation Mortgage. Its chief executive, as recorded, is Victor Ciardelli. Its website rate.com draws about 582 thousand monthly visits. Rate offers products and services including Mortgage Loans, Refinance Options, and Home Equity Loans. Its focus areas include Financials, Banking and Mortgage Services. Its legal entity is GUARANTEED RATE, INC. Its competitors include Freedom Mortgage, Wintrust and American Advisors Group; 1 of its 3 listed competitors has raised funding.
Company details
Rate is engaged in offering mortgage loans, refinancing options, and home equity solutions. Services are tailored for first-time homebuyers, investors, and existing homeowners across various financial needs. Tools like affordability calculators and pre-approval processes are provided to assist clients. The company operates in the financial sector, focusing on home buying and property financing solutions.
- Headquarters Chicago, United States
- Employees 9,261
- Founders Victor Ciardelli
- SectorsFinancial Services
- Website category Business and Consumer Services · Real Estate
- Email••••••••
- Phone•••• ••••
- Website rate.com
- Social LinkedIn X Facebook Instagram
- Legal Name Guaranteed Rate, Inc.
- Investors
- Employee Count9,261
- Investments & AcquisitionsAttorneys' Title Guaranty Fund
& 3 more
Products & Services of Rate
Rate offers a comprehensive portfolio of products and services, including Mortgage Loans, Refinance Options, and Home Equity Loans.
Mortgage loans are provided for home buying needs.
Refinance options are offered for existing mortgage holders.
Home equity loans are available for property owners.
Funding Insights of Rate
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Rate with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2017 | Private Equity Round | – | – |
1 investors in total: 1 institutional.
Investors in Rate
Rate has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Thomas H Lee Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward traditional industries. | 1974 | thl.com | Boston, United States |
Investor details for Rate
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.
People of Rate
458 people are tracked at Rate (263 in leadership, 195 in team); the tracked headcount is 9,261.
| Name | Role | Group |
|---|---|---|
Victor Ciardelli | Founder & CEO | Leadership |
Nikolaos Athanasiou | Chief Operating Officer | Leadership |
Andres Fonseca | Senior Vice President, Strategy & Innovation | Leadership |
Jeremy Collett | Chief Capital Markets Officer | Leadership |
Sean Weeks | VP Of Product Design | Leadership |
Brad Peterson | Executive Vice President | Leadership |
Charlene Lisi | Director Of Operations | Leadership |
David Lee | Senior Vice President, Business Systems | Leadership |
Roy Hughes | Vice President National Appraisal Desk | Leadership |
Marilyn Mack | Vp, Senior Counsel | Leadership |
Cory Bainbridge | VP & Senior Counsel, Transactions | Leadership |
Kathryn Amor | Senior VICE President, HEAD OF Enterprise Products | Leadership |
Andrew Chelton | Vice President Of Mortgage Lending | Leadership |
Brett Germain | Director Of Product Management | Leadership |
Weldon Bibow | Vp, Data Management | Leadership |
Justin Borchardt | Vice President Of Mortgage Lending | Leadership |
Charles Zofkie | VP Of Mortgage Lending NMLS 224547 | Leadership |
Erin Gibson | Vice President Of Credit Policy | Leadership |
Alexandria Green | Associate Vice President | Leadership |
Ramesh Sarukkai | Chief Product and Technology Officer | Leadership |
438 more people are available in the full profile.
Complete people profiles for Rate
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Rate
Rate has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Attorneys' Title Guaranty Fund, Owning and Premia Relocation Mortgage.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Home loans for relocation purposes are provided to clients nationwide. | premiarelocationmortgage.com | Troy, United States | 1987 | Jun 2023 | •••• | |
Provider of insurance underwriting, legal education, trust services, and judicial sale services | atgf.com | Gurnee, United States | 1964 | Apr 2022 | •••• | |
Provider of real estate brokerage services | owning.com | Orange, United States | 2018 | Feb 2021 | •••• | |
Mortgage lending services are provided by Stearns to U.S. customers. | stearns.com | Santa Ana, United States | 1989 | Jan 2021 | •••• |
Complete acquisition details for Rate
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Rate
6 dated milestones of Rate across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Rate is founded.
- Funding First funding round.
- Acquisition Acquires Stearns.
- Acquisition Acquires Owning.
- Acquisition Acquires Attorneys' Title Guaranty Fund.
- Acquisition Acquires Premia Relocation Mortgage.
Competitors of Rate
Rate has 3 listed competitors in our database, 1 of them funded. They include Freedom Mortgage, Wintrust and American Advisors Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freedommortgage.com | 1990 | Mount Laurel Township, United States | 8,005 | Mortgage services are provided for home purchases and refinancing options. | ||
| wintrust.com | 1991 | Rosemont, United States | 10,463 | Bank offering diversified financial services | ||
| aag.com | 2004 | Orange, United States | $4.72M | 1,447 | Reverse mortgage loans provider |
Detailed competitors of Rate
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.
Web traffic of Rate
The website of Rate (rate.com) receives about 582.4K visits a month and ranks #81,182 among all websites worldwide, #2,068 in Real Estate.
- Monthly visits582.4K
▲ 14.9% vs previous month
- Unique visitors193.6K
per month
- Global rank#81,182
among all websites
- Category rank#2,068
Business and Consumer Services · Real Estate
- Bounce rate52%
- Pages per visit4.7
- Average visit3 min 47 sec
- DevicesDesktop 46% · Mobile 54%
Websites whose visitors overlap most with Rate. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| realtor.com | 100% | 110M | #330 | View details | |
| redfin.com | 96% | 86.4M | #453 | View details | |
totalexpert.net | totalexpert.net | 88% | #278,949 | – | |
| zillow.com | 83% | 321.9M | #68 | View details | |
freerateupdate.com | freerateupdate.com | 83% | #132,442 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Rate
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Rate
Complete news archive for Rate
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Frequently Asked Questions about Rate
Rate was founded in 2000 and raised its 1st funding round 17 years after it was founded.
Rate is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Victor Ciardelli is the CEO of Rate, as recorded in our data. They have also founded this company.
Rate has 9,261 employees.
Rate is engaged in offering mortgage loans, refinancing options, and home equity solutions. Services are tailored for first-time homebuyers, investors, and existing homeowners across various financial needs. Tools like affordability calculators and pre-approval processes are provided to assist clients. The company operates in the financial sector, focusing on home buying and property financing solutions.
Rate's top competitors include Wintrust, Freedom Mortgage and American Advisors Group.
Rate offers Mortgage Loans, Refinance Options, and Home Equity Loans.
Rate has made 4 acquisitions, including Attorneys' Title Guaranty Fund, Owning, and Premia Relocation Mortgage.
Rate has 1 investor. Key investors include Thomas H Lee Partners.
Rate operates through Guaranteed Rate, Inc..
The website of Rate receives about 582 thousand visits a month and ranks #81,182 among all websites worldwide.