Roostify

Roostify

A cloud-based mortgage software service that helps lenders convert mortgage applications, close home loans, and create positive customer experiences. Learn more
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DateInvestorsAmountRound
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N/A

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N/A

Grant
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$500k

Series A
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$7.5m

Series A
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N/A

Series A

$500k

Early VC
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$25.0m

Series B

N/A

Series C

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Early VC

$32.0m

Series C
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N/A

Acquisition
Total Funding€59.5m

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Roostify operates in the digital mortgage industry, providing a platform that streamlines the home loan process for both lenders and borrowers. The company serves financial institutions, mortgage lenders, and real estate professionals, focusing on the U.S. market. Roostify's business model revolves around offering a Software-as-a-Service (SaaS) platform that integrates with various service and technology providers to deliver a seamless digital mortgage experience. The platform automates pricing and product delivery at the point of sale, significantly improving the end-to-end consumer experience. By enhancing communication and collaboration, Roostify accelerates the time to close loans and increases loan officer productivity. The company generates revenue through subscription fees paid by its clients for access to its platform and additional services. Roostify's key features include industry-leading integrations, optimal communication tools, and a user-friendly interface that meets high consumer expectations. The company aims to drive digital transformation in the mortgage industry, ensuring readiness for future technological advancements.

Keywords: digital mortgage, SaaS, loan officers, financial institutions, real estate, automation, integrations, productivity, consumer satisfaction, U.S. market.

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