About LoanCrate

Since starting in January 2021, our remote team has closed a $4m seed round, grown to 14 people, and launched our first product. And since adopting LoanCrate in June, our customers have used LoanCrate to power >$7.5b in new home loans. We're on track to achieve strong profitability by mid-2022 after doubling (or more) our team size in the meantime.

What LoanCrate is building

We started LoanCrate to make home-buying simpler and less expensive for lenders and borrowers (us!). Today, mortgage lenders are stuck running their companies on software products built 20 years ago. These products are slow and unstable, and end up costing lenders millions of dollars in other otherwise preventable mistakes every year. LoanCrate solves those problems and more, helping lenders improve the home-buying experience for people all over the country.

Technologies used at LoanCrate

Back-end (3)

Front-end (2)

PostgreSQL

Docker

AWS

Funding rounds

Total Funding

$4M

Last funding round type

Seed

Company type

For Profit