SimpleNexus, LLC Asset Profile

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Year established

2011

Location

Lehi UT US

Primary Industry

Software

About

Based in Utah, US, and founded in 2011, SimpleNexus, LLC operates as a developer of a homeownership platform for loan officers, borrowers, real estate agents, and settlement agents. Matt Hansen (CEO), Cathleen Schreiner-Gates, and Ben Miller are the founders of the company. In 2018, SimpleNexus, LLC raised USD 20 million in venture funding led by new investor Insight Partners. In January 2021, SimpleNexus, LLC raised USD 108 million in series B funding led by returning investor Insight Partners, with participation from new investor TVC Capital. As of 2021, the company has around 200 employees. SimpleNexus offers a homebuying platform that connects borrowers, loan officers, real estate agents, and settlement service providers throughout the homebuying process. The platform's native mobile toolset allows lenders to originate, process, and finalize home loans from anywhere. Loan officers may manage their loan pipelines, order credit, run pricing, transmit pre-approvals, sign disclosures, and complete eClosings. The company also provides Nexus Pay which allows users to make payments. The company plans to maintain its growth as it continues to transform the mortgage industry by connecting the homeownership journey.

Current Investors

Insight Partners, nCino, Inc.

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Primary Industry

Software

Sub Industries

Credit Collections & Services, e-Financial, Mortgage Banking, Web Applications, Application Integration Software, Accounting/Finance Software

Website

www.simplenexus.com

Verticals

Cloud Computing, FinTech, Mobile Apps

Company Stage

Add-on

Total Amount Raised

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