Valuation
$16.5M
2020 Revenue
$5.5M
Funding
$18.3M
Team
61
Founded
1997
How Ellie-Mae CEO Nick Hedges grew 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.
Last updated
Ellie-Mae Revenue
In 2020, Ellie-Mae's revenue reached $5.5M. Since its launch in 1997, Ellie-Mae has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2020 | Ellie-Mae Hit $5.5m revenue in August 2020 | |
| 1997 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2012 | Series B | $15M | - | - | |
| 2007 | Series A | $3.3M | - | - |
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Ellie-Mae yet.
Ellie-Mae Employees & Team Size
Ellie-Mae employs approximately 61 people as of 2026, down from 64 in 2019, including 8 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 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) |
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.
Data and Sources
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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