Roostify

Burlingame, United States Founded: 2012 • Age: 14 yrs Acquired By CoreLogic
Digital loan origination solutions are provided for mortgage lenders.
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About Roostify

Roostify is a company based in Burlingame (United States) founded in 2012 was acquired by CoreLogic in February 2023.. Roostify has raised $61.71 million across 7 funding rounds from investors including Cotality, JPMorgan Chase and Ten Coves Capital. Roostify operates in a competitive market with competitors including SimpleNexus, Cloudvirga, BlueSage, Vesta and Lender Price, among others.

  • Headquarter Burlingame, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $61.71 M (USD)

    in 7 rounds

  • Latest Funding Round
    $32 M (USD), Series C

    Jan 26, 2021

  • Investors
    Cotality

    & 10 more

  • Employee Count
    Employee Count
  • Acquired by
    CoreLogic

    (Feb 22, 2023)

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People of Roostify
Headcount 50-200
Employee Profiles 23
Board Members and Advisors 1
Employee Profiles
People
Rajesh Bhat
CEO & Co-Founder
People
Paul Gray Jr
Client Support Engineer
People
Gaz Lloyd-Owen
VP, Product
People
Chris Boyle
President, Home Lending

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Board Members and Advisors
people
Sandeep Aji
Advisor

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Funding Insights of Roostify

Roostify has successfully raised a total of $61.71M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $32 million completed in January 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
  • Total Rounds 7
  • Last Round Series C — $32.0M
  • First Round
  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2021 Amount Series C - Roostify Valuation Ten Coves Capital
Oct, 2019 Amount Series B - Roostify Valuation Mouro Capital
Feb, 2018 Amount Series B - Roostify Valuation Cota Capital , Point72 Ventures
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 Roostify

Roostify has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Cotality, JPMorgan Chase and Ten Coves Capital. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Fintech startups are funded by this venture capital firm.
Founded Year Domain Location
Private equity firm investing in global financial services sectors.
Founded Year Domain Location
Stage-agnostic venture capital investments are focused on US sectors.
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 Roostify

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 - Roostify

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

Roostify Comparisons

Employees
+
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Competitors of Roostify

Roostify 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 SimpleNexus, Cloudvirga, BlueSage, Vesta and Lender Price, 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
domain founded_year HQ Location
Loan life cycle management platforms are developed for mortgage lenders.
domain founded_year HQ Location
Cloud-based automation of mortgage lending processes is provided.
domain founded_year HQ Location
Cloud-based mortgage origination and customer engagement solutions are provided.
domain founded_year HQ Location
Pillow and duvet cover products are provided by Vesta brand.
domain founded_year HQ Location
Competitive analytics and pricing are offered for the mortgage sector.
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 Roostify

Frequently Asked Questions about Roostify

When was Roostify founded?

Roostify was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Where is Roostify located?

Roostify is headquartered in Burlingame, United States. It is registered at Burlingame, California, United States.

Is Roostify a funded company?

Roostify is a funded company, having raised a total of $61.71M across 7 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Jan 07, 2014.

What does Roostify do?

Roostify was founded in 2012 and is headquartered in Burlingame, United States. Loan origination software is offered to mortgage lenders in the financial services sector. Operations focus on digital lending processes, including customer engagement tools, borrower data insights, and customizable workflow configurations. The platform supports streamlined borrowing experiences through integrated technology solutions.

Who are the top competitors of Roostify?

Roostify's top competitors include Cloudvirga, Floify and Acre.

Who are Roostify's investors?

Roostify has 11 investors. Key investors include Cotality, JPMorgan Chase, Ten Coves Capital, Stone Point Capital, and Cota Capital.

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