OptiFunder
2023 Revenue
$3.4M
Funding
$0
Team
33
Founded
2018
How OptiFunder CEO Michael McFadden grew to $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.
Last updated
OptiFunder Revenue
In 2023, OptiFunder's revenue reached $3.4M. Since its launch in 2018, OptiFunder has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2023 | OptiFunder Hit $3.4m revenue in December 2023 | |
| 2018 | Launched with $0 revenue |
OptiFunder Valuation, Funding Rounds
OptiFunder is a bootstrapped AI & Machine Learning Operationalization (MLOps) Software startup. Founded in 2018, OptiFunder has grown to $3.4M in revenue without raising any venture capital or outside funding.
As a self-funded AI & Machine Learning Operationalization (MLOps) Software SaaS company, OptiFunder has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
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 OptiFunder yet.
OptiFunder Employees & Team Size
OptiFunder employs approximately 33 people as of 2026, up from 28 in 2022.
| Year | Milestone |
|---|---|
| 2023 | Reached 33 employees (December 2023) |
| 2022 | Reached 28 employees (December 2022) |
Frequently Asked Questions about OptiFunder
What is OptiFunder's revenue?
OptiFunder generates $3.4M in revenue.
Who founded OptiFunder?
OptiFunder was founded by Michael McFadden.
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 in St. Louis, Missouri, United States.
Compare OptiFunder to the industry
OptiFunder operates across multiple industries. Browse revenue, funding, and growth data for OptiFunder 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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