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El Segundo, California, United States
Ellie Mae Inc. is a software company that processes 35% of US mortgage applications.
Last updated
In 2020, Ellie-Mae's revenue reached $5.5M. Since its launch in 1997, Ellie-Mae has shown consistent revenue growth.
Ellie-Mae reached a $16.5M valuation in 2025, set during its M&A Offer round.
Ellie-Mae has raised $18.3M in total funding across 2 rounds, most recently a $15M Series B round in 2012.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $16.5M | - | |
| 2012 | Series B | $15M | - | - | |
| 2007 | Series A | $3.3M | - | - |
CEO
Nick Hedges is the president and CEO of Velocify and a 15-year veteran of the Internet and software as a service industry. He has spent the last six years helping organizations accelerate sales performance and is an advisory board member for the American Association of Inside Sales Professionals.
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for Ellie-Mae yet.
Ellie-Mae employs approximately 61 people as of 2026, down from 64 in 2019, including 8 sales reps that carry a quota.
Ellie-Mae generates $5.5M in revenue.
Ellie-Mae was founded by Nick Hedges.
The CEO of Ellie-Mae is Nick Hedges.
Ellie-Mae raised $18.3M across 2 rounds.
Ellie-Mae has 61 employees.
Ellie-Mae is headquartered in El Segundo, California, United States.
Ellie-Mae operates across multiple industries. Browse revenue, funding, and growth data for Ellie-Mae in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$16.5M
2020 Revenue
$5.5M
Funding
$18.3M
Team
61
Founded
1997
| Year | Milestone | Source |
|---|---|---|
| 2020 | Ellie-Mae Hit $5.5m revenue in August 2020 | |
| 1997 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2020 | Reached 61 employees (December 2020) | |
| 2020 | Reached 61 employees (August 2020) | |
| 2020 | Reached 61 employees (June 2020) | |
| 2019 | Reached 64 employees (December 2019) | |
| 2018 | Reached 76 employees (December 2018) |
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