About LoanSnap
LoanSnap is a company based in San Francisco (United States) founded in 2018 by Allan Carroll. LoanSnap has raised $57.7 million across 5 funding rounds from investors including Virgin, True Ventures and Baseline Ventures. LoanSnap offers products and services including Refinance, HELOC, Mortgage, and VA Loans. LoanSnap operates in a competitive market with competitors including Kiavi, MT Finance, One Savings Bank, Certain Lending and Perenna, among others.
- Headquarter San Francisco, United States
- Founders Allan Carroll
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Loansnap, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$57.7 M (USD)
in 5 rounds
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Latest Funding Round
$30 M (USD), Series B
May 04, 2021
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Investors
Virgin
& 15 more
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Employee Count
Not available
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Products & Services of LoanSnap
LoanSnap offers a comprehensive portfolio of products and services, including Refinance, HELOC, Mortgage, and VA Loans.
Service for refinancing existing loans quickly online
Home Equity Line of Credit for borrowing against home equity
Standard loans for home purchases and financing
Loans for eligible veterans and service members
People of LoanSnap
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Funding Insights of LoanSnap
LoanSnap has successfully raised a total of $57.7M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in May 2021. 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.
Investors in LoanSnap
LoanSnap has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Virgin, True Ventures and Baseline Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm supporting AI founders through investments and community.
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Venture capital firm focused on fintech, healthcare, logistics, enterprise tech, AI, ed tech, and multiple sectors
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Venture capital firm focused on CSAA Insurance Group
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Locked | Locked | Locked |
Investor details for LoanSnap
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by LoanSnap
Investment portfolio details for LoanSnap
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Financial Statements - LoanSnap
Detailed financials for LoanSnap
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Loansnap Comparisons
Peer comparison for LoanSnap
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Competitors of LoanSnap
LoanSnap 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 Kiavi, MT Finance, One Savings Bank, Certain Lending and Perenna, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Residential and commercial mortgages are connected via an online marketplace.
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Diversified lending NBFI
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Provider of an online marketplace for mortgage loans
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Online P2P platform for real estate lending is facilitated.
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Provider of home financial services
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Detailed competitors of LoanSnap
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Latest news on Loansnap
Complete news archive for LoanSnap
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Frequently Asked Questions about LoanSnap
LoanSnap was founded in 2018.
LoanSnap is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
LoanSnap is a funded company, having raised a total of $57.7M across 5 funding rounds to date.
LoanSnap is an online marketplace for residential commercial mortgage loans. It uses AI to analyze users financial information to recommend loan options from multiple lenders. Users need to scan the drivers license or enter their address, then enter the last four digits of their social security number and answer a few questions to get their loan options. It offers an app-based platform that is available on iOS Android devices.
LoanSnap's top competitors include Kiavi, MT Finance and Ambak.
LoanSnap offers Refinance, HELOC, Mortgage, and VA Loans.
LoanSnap has 16 investors. Key investors include Virgin, True Ventures, Baseline Ventures, Mantis VC, and Mark Pincus.