Mortgage Network

Danvers, United States Founded: 1988 • Age: 38 yrs Acquired By Movement Mortgage
Manufacturer of precision springs, wire forms, and sheet metal components

About Mortgage Network

Manufacturer of precision springs, wire forms, and sheet metal components. It produces springs in various materials and sizes, catering to diverse industrial needs. The company utilizes advanced CNC machinery and a fully automated production setup for precise manufacturing. A dedicated in-house tool room and inspection facility ensure high-quality output, employing various testing methods to verify product functionality and durability. The organization invests in continuous training for its employees to maintain a skilled workforce.

  • Headquarter Danvers, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Movement Mortgage

    (Nov 12, 2022)

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Funding Insights of Mortgage Network

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Mortgage Network

Mortgage Network has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Movement Mortgage. 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.

All
Institutional
Investor Description Founded Year Domain Location
Mortgage loans are offered via online and mobile applications.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Mortgage Network

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Mortgage Network

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mortgage Network Comparisons

Employees
+
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Competitors of Mortgage Network

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mortgage Network

Frequently Asked Questions about Mortgage Network

When was Mortgage Network founded?

Mortgage Network was founded in 1988.

Where is Mortgage Network located?

Mortgage Network is headquartered in Danvers, United States. It is registered at Danvers, Massachusetts, United States.

Who is the current CEO of Mortgage Network?

Paul Lipson is the current CEO of Mortgage Network.

What does Mortgage Network do?

Manufacturer of precision springs, wire forms, and sheet metal components. It produces springs in various materials and sizes, catering to diverse industrial needs. The company utilizes advanced CNC machinery and a fully automated production setup for precise manufacturing. A dedicated in-house tool room and inspection facility ensure high-quality output, employing various testing methods to verify product functionality and durability. The organization invests in continuous training for its employees to maintain a skilled workforce.

Who are Mortgage Network's investors?

Mortgage Network has 1 investor. Key investors include Movement Mortgage.

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