Signal active
Investment Firm
Overview
The Guaranteed Rate Companies, which includes Guaranteed Rate Inc., Guaranteed Rate Affinity, LLC, and Proper Rate, LLC, has more than 9,000 employees in over 750 offices across the U.S. Headquartered in Chicago, the company is one of the largest retail mortgage lenders in the United States and has doubled its loan amounts to over $73 billion in 2020 while tripling its gross revenue from $1 billion to $3 billion. Founded in 2000 and licensed in all 50 states and Washington, D.C., Guaranteed Rate Companies has helped homeowners nationwide with home purchase loans and refinances. The company has established itself as an industry leader by introducing innovative technology, offering low rates and delivering unparalleled customer service. 2017 marked the launch of Guaranteed Rate Affinity, LLC, a mortgage origination joint venture between Guaranteed Rate, Inc. and Realogy Holdings Corp. (NYSE: RLGY), a global leader in residential real estate franchising and brokerage. In 2020, the company launched Proper Rate, LLC, a mortgage origination joint venture between Guaranteed Rate and @properties, one of the nation's largest residential brokerage firms. Collectively, the companies have earned honors and awards including: HousingWire’s 2020 Tech100 award for the company’s industry-leading FlashClose SM technology; Top Lender for Online Service for 2018 by U.S. News & World Report; No. 3 ranking in Scotsman Guide's Top Retail Mortgage Lenders 2019; Chicago Agent Magazine’s Lender of the Year for five consecutive years; Chicago Tribune's Top Workplaces list for seven consecutive years; and Best Online Mortgage Lender, Best Mortgage Lender for VA loans and Best Conventional Mortgage Lender by NerdWallet in 2019.The company has been expanding its presence with high-profile national sports partnerships, including those with NHL, UFC, Ryan Newman and others. Visit rate.com for more information.
Highlights
2000
Financial Services
5001-10000
1
1
1
Early Stage Venture
N/A
Location
United States, North America
Contact Information
Social
Profile Resume
Guaranteed Rate, established in 2000 and headquartered in United States, North America., specializes in Early Stage Venture investments across Finance, Property Management, Enterprise Software, Financial Services, Venture Capital, FinTech, Financial Exchanges, Smart Home, Commercial Real Estate, Retail Technology. The organization boasts a portfolio of 1 investments, with an average round size of $4.0M and 1 successful exits. Their recent investments include TurboAppeal, Hyde Park Venture Partners, Garland Capital Group, Forefront Venture Partners, Camber Creek. The highest investment round they participated in was $240.0M. Among their most notable exits are TurboAppeal and Hyde Park Venture Partners. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
1
0
1
1
Investments
1
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Oct 04, 2016 | TurboAppeal | Finance | 4.0M |
Exits
1
Funding Timeline
1
1
0
Funding Rounds
1
Guaranteed Rate has raised 1 rounds. Their latest funding was raised on Oct 04, 2016 from a Series A - TurboAppeal round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Oct 04, 2016 | Series A - TurboAppeal | - | 4.0M | - |
Investors
1
Guaranteed Rate is funded by 1 investor(s). THL Kantor is the most recent investors.
Investor Name | Lead Investor | Funding Round | Money Raised |
---|---|---|---|
THL | Yes | Private Equity Round - Guaranteed Rate | 0 |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
There is no recent news or activity for this profile.