Ellie Mae

Acquired

Mortgage Solutions Software, Support & Education

Pleasanton, United States · Founded 1997 · $3.7B raised

Employees
1001–5000
Founded
1997
Business Model
B2B
Total Funding
$3.7B
Last Round
$3.7B Private EquityFeb 2019
Rounds
1
Acquired by
Intercontinental ExchangeNov 2020

About

Ellie Mae, rebranded as ICE Mortgage Technology following its 2019 acquisition by Intercontinental Exchange, provides a cloud-based platform that automates and streamlines the residential mortgage origination process. The platform serves banks, credit unions, and independent mortgage lenders with end-to-end solutions covering customer relationship management, loan processing, underwriting, compliance, and enterprise management. ICE Mortgage Technology enables lenders to originate more loans at lower cost, reduce time-to-close, and maintain regulatory compliance across the full mortgage lifecycle.

Summary

Ellie Mae is a Fintech company based in Pleasanton, United States, founded in 1997. It has raised $3.7B in total across 1 round, most recently a $3.7B Private Equity round in Feb 2019.

Tech & App Stack

2 technologies & apps tracked

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Funding History

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AcquisitionNov 2020
$11.0B

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