OptiFunder revenue hit $3.4M in 2024

OptiFunder generates revenue from customers

OptiFunder

St. Louis, Missouri, United States

About Company RevenueTeamFounder/CEOCEO Net Worth

How OptiFunder hit $3.4M revenue with a 33 person team in 2023.

OptiFunder is an innovative FinTech company and pioneer of the Warehouse Management Platform for residential mortgage originators. OptiFunder leverages Machine Learning and patented Optimization algorithms to automate and optimize the use of short-term funding facilities for independent (non-bank) mortgage companies. Independent mortgage companies originate over 60% of the more than $1.2 trillion of annual mortgages today. OptiFunder automates the selection of which funding facility is used to fund each loan based on predictive analytics and optimization algorithms to ensure EVERY loan is funded with the absolute lowest possible cost to the mortgage company.

Founded

2018

Founded

Revenue

$3.4M

2023 Revenue

YOY

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YOY

Funding

$0

Funding

OptiFunder Revenue

In 2023, OptiFunder revenue run rate hit $3.4M in revenue.

  • 2023

    OptiFunder hit $3.4M in revenue in 2023

  • 2018

    OptiFunder launched in 2018 with $0 revenue

OptiFunder Funding History


No funding has been reported for OptiFunder yet.

Team

OptiFunder has 33 total employees.

DISTRIBUTION QTY
Total team size 33

Founder / CEO

Michael McFadden

Q&A

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Customers

Churn

OptiFunder Executives

Name Position Working Email Personal Email
Michael McFadden CEO [email protected] -

OptiFunder Employees

Name Position Working Email Personal Email
Michael McFadden CEO [email protected] -

Frequently Asked Questions about OptiFunder

  • When was OptiFunder founded?

    OptiFunder was founded in 2018.

  • How much revenue does OptiFunder generate?

    OptiFunder generates $3.4M in revenue.

  • Who is the CEO of OptiFunder

    The CEO of OptiFunder is Michael McFadden.

  • How much funding does OptiFunder have?

    OptiFunder raised $0.

  • How many employees does OptiFunder have?

    OptiFunder has 33 employees.

  • Where is OptiFunder headquarters?

    OptiFunder is headquartered at St. Louis, Missouri, United States

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