About Mortgage Automator
Mortgage Automator is a company based in Toronto (Canada) founded in 2013 by Joseph Fooks and Lawrence Schwartz was acquired by Bessemer Venture Partners in May 2024.. Mortgage Automator offers products and services including Loan Origination, Loan Servicing, Fund Management, Automation, and Integrations. Mortgage Automator operates in a competitive market with competitors including Stavvy, FirstClose, Staircase, Black Knight and mTrade, among others.
- Headquarter Toronto, Canada
- Founders Joseph Fooks, Lawrence Schwartz
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Sectors
Financial Services
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Email
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Annual Revenue
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Acquired by
Bessemer Venture Partners
(May 01, 2024)
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Products & Services of Mortgage Automator
Mortgage Automator offers a comprehensive portfolio of products and services, including Loan Origination, Loan Servicing, Fund Management, Automation, and Integrations. 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.
Software for starting and managing new loans efficiently
Automates loan management tasks to minimize errors
Tools for managing funds and investors seamlessly
Saves time by automating routine lending processes
Connects with tools for enhanced data flow and efficiency
Funding Insights of Mortgage Automator
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Mortgage Automator
Mortgage Automator has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners. 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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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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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 Mortgage Automator
| 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 - Mortgage Automator
| 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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Mortgage Automator Comparisons
Competitors of Mortgage Automator
Mortgage Automator 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 Stavvy, FirstClose, Staircase, Black Knight and mTrade, 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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Digital platform for real estate transactions is provided.
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Mortgage settlement solutions and home equity tools are provided.
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| domain | founded_year | HQ Location |
A comprehensive suite for mortgage loan lifecycle management is offered.
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| domain | founded_year | HQ Location |
Provider of an AI-based cloud platform offering loan life cycle management solutions to lenders
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| domain | founded_year | HQ Location |
End-to-end solution for buying & selling loans
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| domain | founded_year | HQ Location |
Large-scale solar power plants and energy storage solutions are developed.
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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 Mortgage Automator
Frequently Asked Questions about Mortgage Automator
When was Mortgage Automator founded?
Mortgage Automator was founded in 2013.
Where is Mortgage Automator located?
Mortgage Automator is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does Mortgage Automator do?
Mortgage Automator was founded in 2013 in Toronto, Canada, as a provider of software for the mortgage sector. Loan origination, document collection, servicing, accounting, and reporting functionalities are included in its suite. A borrower portal is maintained for document submissions within the account. Data import, storage, and generation features are supported to manage the full loan lifecycle.
Who are the top competitors of Mortgage Automator?
Mortgage Automator's top competitors include Burrow, Stavvy and FirstClose.
What products or services does Mortgage Automator offer?
Mortgage Automator offers Loan Origination, Loan Servicing, Fund Management, Automation, and Integrations.
Who are Mortgage Automator's investors?
Mortgage Automator has 1 investor. Key investors include Bessemer Venture Partners.
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