About Lower
Lower is a company based in New Albany (United States) founded in 1996. Lower has raised $100 million across 1 funding round from investors including Accel. Lower has completed 2 acquisitions, including Movoto and Neatlabs. Lower offers products and services including Mortgages and Refinancing.
Products & Services of Lower
Lower offers a comprehensive portfolio of products and services, including Mortgages and Refinancing.
Home loans are provided for purchasing properties, with options tailored to individual needs
Rate-term refinancing is offered to adjust loan terms and potentially reduce payments
Funding Insights of Lower
Lower has successfully raised a total of $100M through 1 strategic funding round. The most recent funding activity was a Series A round of $100 million completed in June 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.
- Total Funding $100M
- Total Rounds 1
- Last Round Series A — $100M
- First Round $100M
(Jun 2021)
- Investors Count 1
All 1 funding rounds of Lower 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 |
|---|---|---|---|---|---|
| Jun 2021 | $100M | Series A | – | Accel | – |
1 investors in total: 1 institutional.
Investors in Lower
Lower has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Accel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States |
Investor details for Lower
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 Lower
26 people are tracked at Lower (16 in leadership, 10 in team).
| Name | Role | Group |
|---|---|---|
Dan Snyder | CEO | Leadership |
Gino Fronti | Evp, Division President West & VP Of Product For Loai | Leadership |
Selene Srnensky Kellam | Chief Operating Officer | Leadership |
Nicholas Caravana | Vice President Of Lending | Leadership |
Austin Clarkson | Vice President Of Sales | Leadership |
Angela Dunham | Chief Operating Office - Real Estate | Leadership |
M. Reily Kiser | Vice President Of Lending | Leadership |
Brianne Kesner | Vice President Of Sales | Leadership |
Matthew Mikel | VP Of Sales | Leadership |
Christopher Kirkpatrick | VP Of Sales | Leadership |
Owen Dysart | VP Of Sales | Leadership |
Michael Cafarella | Vice President Of Lending | Leadership |
Jared Derosa | VP Of Sales | Leadership |
Scott Hilditch | VP Of Transition | Leadership |
Rachel Beagle | Vp, Sales Operations | Leadership |
Jason Morrison | Chief Revenue Officer | Leadership |
Thomas Baumgarten | CD Originator Team Lead | Team |
Chelsea Wagner | Evp, Revenue | Team |
Justin Rogers | Disclosure Desk Team Lead | Team |
Andrew Markowski | Sr Compliance And Disclosure Analyst | Team |
6 more people are available in the full profile.
Complete people profiles for Lower
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 Lower
Lower has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Movoto and Neatlabs.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Residential properties are brokered online for buyers, sellers, and homeowners. | movoto.com | San Mateo, United States | 2005 | May 2025 | •••• | |
Neatlabs is operated as a company with domain neatlabs.com. | neatlabs.com | – | 0 | Jan 2025 | •••• |
Complete acquisition details for Lower
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.
Web traffic of Lower
The website of Lower (lower.com) receives about 72.3K visits a month and ranks #342,405 among all websites worldwide, #4,972 in Banking Credit and Lending.
- Monthly visits72.3K
▼ 1.3% vs previous month
- Unique visitors44.7K
per month
- Global rank#342,405
among all websites
- Category rank#4,972
Finance · Banking Credit and Lending
- Bounce rate39%
- Pages per visit5.2
- Average visit1 min 43 sec
- DevicesDesktop 28% · Mobile 72%
Websites whose visitors overlap most with Lower. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| renofi.com | 100% | 42.1K | #611,904 | View details | |
| achieve.com | 100% | 402.9K | #109,259 | View details | |
| s1l.com | 100% | 20.5K | #637,720 | View details | |
| quontic.com | 98% | 173.1K | #218,810 | View details | |
mortgage-insiders.com | mortgage-insiders.com | 97% | – | #579,131 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Lower
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Lower
Complete news archive for Lower
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Lower
10 companies that operate in the same segment as Lower (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 | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
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 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about Lower
Lower was founded in 1996 and raised its 1st funding round 25 years after it was founded.
Lower is headquartered in New Albany, United States.
Dan Snyder is the current CEO of Lower.
Lower is a funded company, having raised a total of $100M across 1 funding round to date. The company's 1st funding round was a Series A of $100M, raised on Jun 2021.
Founded in 1996 and based in New Albany, United States, the company operates as a direct-to-consumer mortgage lender in the financial services sector. Borrowers are connected to loan options such as conventional, adjustable-rate, jumbo, VA, and FHA loans, along with home improvement, debt consolidation, HELOCs, and cash-out refinancing. Guidance is offered throughout the borrowing process to address home purchase and refinance needs.
Lower offers Mortgages and Refinancing.
Lower has 1 investor. Key investors include Accel.
Lower operates through Lower, Llc.