Morty

lendingonline loans

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:

angel investors.

Corigin Ventures

FJ Labs

Lerer Hippeau

MetaProp

Right Side Capital Management

SV Angel

Techstars

Thrive Capital

Prudence Holdings

Kevin Moore

MetaProp NYC

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

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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