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How Ellie-Mae CEO Nick Hedges grew Ellie-Mae to $5.5M revenue with a 61 person team in 2020.

Ellie Mae Inc. is a software company that processes 35% of US mortgage applications.

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Ellie-Mae Revenue

In 2020, Ellie-Mae's revenue reached $5.5M. Since its launch in 1997, Ellie-Mae has shown consistent revenue growth.

Ellie-Mae Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M1997199920012003200520072009201120132015201720192020$0$5MSource: GetLatka.com
YearMilestone
2020Ellie-Mae Hit $5.5m revenue in August 2020
1997Launched with $0 revenue

Ellie-Mae Valuation, Funding Rounds

Ellie-Mae's most recent disclosed valuation is $16.5M.

Ellie-Mae has raised $18.3M in total funding across 2 rounds, most recently a $15M Series B round in 2012.

Ellie-Mae Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$4M$8M$12M$16M$20M1997199920012003200520072009201120121997 cumulative: $0 • 1997 Founded: $02007 cumulative: $3M • 1997 Founded: $0 • 2007 Series A: $3M2012 cumulative: $18M • 1997 Founded: $0 • 2007 Series A: $3M • 2012 Series B: $15M$18M1997 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2012Series B$15M--
2007Series A$3.3M--

Ellie-Mae Employees & Team Size

Ellie-Mae employs approximately 61 people as of 2026, down from 64 in 2019.

Ellie-Mae has 61 total employees in different roles and functions and 8 sales reps that carry a quota.

Ellie-Mae Team GrowthReported headcount over time0204060801997199920012003200520072009201120132015201720192020006161Source: GetLatka.com
YearMilestone
2020Reached 61 employees (December 2020)
2020Reached 61 employees (August 2020)
2020Reached 61 employees (June 2020)
2019Reached 64 employees (December 2019)
2018Reached 76 employees (December 2018)

Founder / CEO

Nick Hedges

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.

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Customers

We do not have customer count information for Ellie-Mae yet.

Frequently Asked Questions about Ellie-Mae

What is Ellie-Mae's revenue?

Ellie-Mae generates $5.5M in revenue.

Who founded Ellie-Mae?

Ellie-Mae was founded by Nick Hedges.

Who is the CEO of Ellie-Mae?

The CEO of Ellie-Mae is Nick Hedges.

How much funding does Ellie-Mae have?

Ellie-Mae raised $18.3M.

How many employees does Ellie-Mae have?

Ellie-Mae has 61 employees.

Where is Ellie-Mae headquarters?

Ellie-Mae is headquartered in El Segundo, California, United States.

Compare Ellie-Mae to the industry

Ellie-Mae operates across multiple industries. Browse revenue, funding, and growth data for Ellie-Mae in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .