About Mortech
Mortech is a company based in Lincoln (United States) founded in 1987 was acquired by Zillow in November 2012. It operates as a SaaS (Software-as-a-Service), and FinTech. Mortech offers products and services including Mortgage Pricing Engine, Predictive Analytics, Mortgage APIs, Online Rate Quoting, and Secondary Marketing Services. Mortech operates in a competitive market with competitors including LoanTek, Tactile Finance, RateXray, Lenovium and My Loan Officer, among others.
- Headquarter Lincoln, United States
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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 Mortech, A Zillow Group Business
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Products & Services of Mortech
Mortech offers a comprehensive portfolio of products and services, including Mortgage Pricing Engine, Predictive Analytics, Mortgage APIs, Online Rate Quoting, and Secondary Marketing Services. 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.
Mortgage pricing tools are provided for streamlined workflows.
Customer retention is enhanced using targeted marketing data.
Online mortgage rate research is simplified for consumers.
Live mortgage offers are pushed to online marketplaces.
Secondary desk operations are automated for increased efficiency.
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Funding Insights of Mortech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Mortech
Mortech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Zillow. 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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Residential properties are listed and searched through an app-based platform.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Mortech
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mortech
| 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 |
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Mortech Comparisons
Competitors of Mortech
Mortech 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 LoanTek, Tactile Finance, RateXray, Lenovium and My Loan Officer, 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 |
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| domain | founded_year | HQ Location |
Loan pricing and origination platforms are provided to mortgage lenders.
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Offers a customer engagement platform tailored for mortgage services.
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Delivers mortgage pricing and analytics solutions for financial professionals.
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| domain | founded_year | HQ Location |
A digital tool that streamlines the mortgage origination process for financial institutions.
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Provides pricing solutions for mortgage loan officers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mortech
Frequently Asked Questions about Mortech
When was Mortech founded?
Mortech was founded in 1987.
Where is Mortech located?
Mortech is headquartered in Lincoln, United States. It is registered at Lincoln, Nebraska, United States.
What does Mortech do?
Mortgage technology solutions are provided by Mortech, focusing on pricing engines, predictive analytics, and APIs for the mortgage industry. Tools for online rate quoting and secondary marketing services are also developed to streamline workflows and enhance efficiency. The company serves lenders and financial institutions by automating processes and improving customer experiences in the mortgage sector.
Who are the top competitors of Mortech?
Mortech's top competitors include LoanTek, Tactile Finance and RateXray.
What products or services does Mortech offer?
Mortech offers Mortgage Pricing Engine, Predictive Analytics, Mortgage APIs, Online Rate Quoting, and Secondary Marketing Services.
Who are Mortech's investors?
Mortech has 1 investor. Key investors include Zillow.
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