Morty
FOUNDING YEAR: 2015
LOCATION: United States
Last Update: 19/01/2021
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About
Morty empowers homebuyers to make smarter, informed decisions about their home purchase. We pair proprietary technology with industry expertise to provide step-by-step transparency around the complicated mortgage process, while educating homebuyers on common questions relating to affordability, mortgage rates, and the various parties involved throughout the process. Morty was founded by a diverse team of mortgage industry vets and software engineers, so we understand how difficult and important that mission is, and what tools we need to accomplish it. We are funded by the same investors who have backed Compass, Lemonade, Airbnb, and Dropbox, and were on a mission to revolutionize the mortgage industry with new tech, new ideas, and a stellar team. Morty is a licensed mortgage broker. All Rights Reserved. Morty, Inc. NMLS ID: #1429243 NMLS Consumer Access website: http://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1429243
MEDICI Analysis
Morty provides an online mortgage lending platform that connects borrowers and lenders in the same platform. It allows homebuyers to shop and compare lenders and to find out the best-suited loan products and close their mortgage entirely online.
Focus
PRODUCTS & SERVICES
Online mortgage lending platform for borrowers and lenders.
COMMENT
The company is initially rolling out with 10 major lenders to 10 markets in the U.S. – including Washington DC, Virginia, North Carolina, Florida, Georgia, Tennessee, Oregon and Colorado (May 2017).
People
FOUNDERS
Sarah Thomas
Brian Faux
Adam Rothblatt
Nora Apsel
NUMBER OF EMPLOYEES
1-10
INVESTORS:
KEY EMPLOYEES:
Brian Faux(CEO); Adam Rothblatt(CTO)
Momentum
FUNDED
YES
NUMBER OF FUNDING ROUNDS
2
TOTAL FUNDING
$11.5 M
DATE OF LAST FUNDING
Aug 2019
IPO STATUS
Private
TOTAL FUNDING COMMENT
The company is planning to use the funds to expand nationally in 2017.
ESTIMETED REVENUE RANGE
Less than $1M
SEED & PRIOR FUNDING
$3 M
SEED CLOSED ON
May 2017
FUNDING SERIES
SERIES A · $8.5 M · Aug 2019
LISTED
NO
COMMENT
Venture fund: $3 M(May 2017)
company provided insights
Web Traffic
MONTHLY VISITS
133
AVERAGE VISITS (6 MONTHS)
169.9
MONTHLY VISITS GROWTH
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VISIT DURATION
356
VISIT DURATION GROWTH
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PAGE VIEWS VISIT
3
PAGE VIEWS VISIT GROWTH
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BOUNCE RATE
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BOUNCE RATE GROWTH
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GLOBAL TRAFFIC RANK
15,623,430
MONTHLY RANK CHANGE
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MONTHLY RANK GROWTH
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