Roostify
Latest round
- Series C
Last raised
- Jan 2021
Total raised
- $57M
Investors
- 9
About Roostify
Roostify Inc.Founded in 2012 by James Appleton and Rajesh Bhat, Roostify Inc. is based in San Francisco, US. The company specializes in mortgage lending solutions, helping lenders streamline the application process.998 mn. The firm has engaged in 8 deals since its inception, with its most recent deal being an acquisition by CoreLogic, Inc.Roostify is a technology company specializing in mortgage lending solutions that streamline the home loan process. Its core product offering is a digital lending platform designed to enhance the borrower experience by simplifying application and approval workflows. The platform automates various aspects of the mortgage process, allowing lenders to manage applications, documents, and communications from a single interface. Roostify's clients primarily include banks, credit unions, and mortgage lenders, all of which are served across the United States and select international markets.Roostify generates revenue through a subscription-based model tailored for financial institutions that utilize its mortgage lending platform. Clients engage in structured agreements where they pay a recurring fee for access to software and support services, ensuring continuous updates and system improvements. Additionally, the company may offer tiered pricing plans based on the volume of transactions processed or specific features utilized by the clients., Roostify is expected to further enhance its offerings to streamline the mortgage process. The acquisition aims to reduce errors and improve efficiency in lending practices. Specific plans for future product development have not been disclosed, but the integration with CoreLogic could lead to innovative solutions in the mortgage sector.
Who invested in Roostify
9 investors across 3 rounds
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Questions about Roostify
Who invested in Roostify?
Roostify has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Roostify raised?
Roostify has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Roostify last raise money?
Roostify's most recent round on record is a Series C, in Jan 2021.
What does Roostify do?
Roostify is a financial services company.
Where is Roostify headquartered?
Roostify is headquartered in San Francisco, US.
Which VCs invest in companies like Roostify?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Roostify's stage. Their profiles are linked below.
VCs backing financial services startups at Series C
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