About HelloEave
HelloEave is a Financial Services company based in Walnut Creek (United States) founded in 2015 by Saro Vasudevan and Anoop Ranganath, and was acquired by HomeLight in July 2019. Direct lender for mortgage loans. HelloEave has raised $11.53 million across 1 funding round from investors including HomeLight. The company has 35 employees. Its focus areas include FinTech, Alternative Lending, Online Lenders and Mortgages. Its legal entity is EAVE, INC. Its competitors include Better Mortgage, loanDepot and Mr. Cooper; 2 of its 3 listed competitors have raised funding.
Company details
Eave was founded in 2015 and is headquartered in Walnut Creek, United States. As a direct lender in the mortgage sector, operations focus on Colorado home buyers. An online application process is utilized, requiring 30 minutes, followed by pre-approval issuance within 30 days. Digital asset verification is handled through a network, avoiding in-person office visits. Loan funding occurs within 21 days of deal finalization.
- Headquarters Walnut Creek, United States
- Employees 35
- Founders Saro Vasudevan, Anoop Ranganath
- Stage Acquired
- SectorsFinancial Services
- Phone•••• ••••
- Website helloeave.com
- Social LinkedIn X
- Acquired by HomeLight (Jul 2019)
- Legal Name Eave, Inc.
Funding Insights of HelloEave
HelloEave has successfully raised a total of $11.53M through 1 strategic funding round. The most recent funding activity was a Series A round of $11.53 million completed in August 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $11.53M
- Total Rounds 1
- Last Round Series A — $11.53M
- First Round $11.53M
(Aug 2018)
All 1 funding rounds of HelloEave 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 |
|---|---|---|---|---|---|
| Aug 2018 | $11.53M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in HelloEave
HelloEave has secured backing from 1 investor. Prominent investors backing the company include HomeLight.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of an online recommendation platform for brokers | 2012 | homelight.com | San Francisco, United States |
Investor details for HelloEave
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of HelloEave
147 people are tracked at HelloEave (30 in leadership, 117 in team); the tracked headcount is 35.
| Name | Role | Group |
|---|---|---|
Saro Vasudevan | Co-Founder | Leadership |
Anoop Ranganath | Co-Founder | Leadership |
Marc Kaplan | Head Of Business Operations | Leadership |
Sumant Sridharan | COO | Leadership |
Todd Rhodes | VP, Client Sales | Leadership |
Mike Abner | CTO | Leadership |
Drew Uher | Founder & CEO | Leadership |
Vanessa Famulener | President, Homes | Leadership |
Sarah Coyne | Director Of Treasury | Leadership |
Lauren Garnel | Head Of Investor Network | Leadership |
Bryan S. | Head Of Lifecycle | Leadership |
Lori Pinkerton | Director Of Referral Operations | Leadership |
Derek Lupien | Head Of Lending Operations | Leadership |
Luke Ludwig | Director Of Engineering | Leadership |
Kristi Shirts | Head Of Agent Sales, Ultra | Leadership |
Sandy Liao-Martin Shrm-Cp | VP (head) Of Global HR & Talent | Leadership |
Alex Kwan | Director Of Engineering | Leadership |
Annie Dreshfield | Vice President, B2b Marketing | Leadership |
Gaurav Hardikar | Vice President, Product - Consumer | Leadership |
Jonathan Geraci | Senior Director Of Financial Planning And Analysis | Leadership |
127 more people are available in the full profile.
Complete people profiles for HelloEave
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Board tenure
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Verified entity values are shown only after access is granted.
Timeline of HelloEave
3 dated milestones of HelloEave across 4 years, from founding to its latest funding, stage changes and deals.
- Founded HelloEave is founded.
- Funding First funding round of $11.5M.
- Exit Acquired by HomeLight.
Competitors of HelloEave
HelloEave has 3 listed competitors in our database, 2 of them funded. They include Better Mortgage, loanDepot and Mr. Cooper.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| better.com | 2014 | New York, United States | $980M | Residential mortgage loans are facilitated via an online marketplace. | ||
| loandepot.com | 2010 | Lake Forest, United States | $71.95M | 11,177 | Consumer loans for personal and home needs are provided online. | |
| mrcooper.com | 1994 | Dallas, United States | 127 | Provider of an app-based platform for residential mortgage loans |
Detailed competitors of HelloEave
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Top companies in Alternative Lending
3 companies that operate in the same segment as HelloEave (Alternative Lending) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | 1,487 |
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Related news about Helloeave
Complete news archive for HelloEave
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Frequently Asked Questions about HelloEave
HelloEave was founded in 2015 and raised its 1st funding round 3 years after it was founded.
HelloEave is headquartered in Walnut Creek, United States. It is registered at Walnut Creek, California, United States.
HelloEave is a funded company, having raised a total of $11.53M across 1 funding round to date. The company's 1st funding round was a Series A of $11.53M, raised on Aug 2018.
HelloEave has 35 employees.
Eave was founded in 2015 and is headquartered in Walnut Creek, United States. As a direct lender in the mortgage sector, operations focus on Colorado home buyers. An online application process is utilized, requiring 30 minutes, followed by pre-approval issuance within 30 days. Digital asset verification is handled through a network, avoiding in-person office visits. Loan funding occurs within 21 days of deal finalization.
HelloEave's top competitors include loanDepot, Better Mortgage and Mr. Cooper.
HelloEave has 1 investor. Key investors include HomeLight.
HelloEave operates through Eave, Inc..
Yes. HelloEave was acquired by HomeLight in July 2019.