Leadership team
- Vishal GargFounder + CEO
- Erik BernhardssonCTO
- Patricia Korth-McDonnellCMO
- Howard KatzenbergCFO
- Viral ShahHead of Capital Markets
- Paula TuffinCCO
- Eric WilsonHead of Operations
- Shawn LowHead of Business Operations
- Jerry SelittoPresident
- Sean HundtofteChief Economist
- Vishal BhallaGM Insurance
Company timeline
2014
Founders started a company with the goal of re-engineering the mortgage process.
Partnered with Avex Funding, a California originator specializing in prime conforming and jumbo mortgages for over 10 years.
2015
Acquired partner mortgage originator Avex Funding.
Developed investor rules engine to algorithmically match borrowers and mortgage products to over 10 large institutional investors.
Began working with borrowers directly online without commissioned loan officers.
Funded first 100%-digital loan with no borrower phone communication.
2016
Launched as better.com.
Closed $30 million in Series A funding.
Approved as a Fannie Mae seller/servicer and established relationships with 17 top mortgage investors.
2017
Closed $15 million in Series B funding with Kleiner Perkins Caufield Byers.
Introduced the one-day verified pre-approval letter.
2018
$1 Billion in total funded loans. Thousands of our customers have benefited from our low pricing and great customer service.