Case Study

Building a Financial Tech Company

The need: 

We were asked to help a private mortgage company (meaning home loans that are NOT made through banks, but through private investment funds) raise capital and expand their operations from Idaho to a national scale.  The Founder was a young, extremely bright and capable leader who had built a successful company working on his own, but had no contacts in the VC community, and no experience aggressively growing a company to a national scale.

 

The work:

We worked closely with the Founder to accomplish the following, and more:

  • Create a fundraising "pitch" and train the Founder to present to VC funds 

  • Create online technology to take mortgage applications online and process applications

  • Build an executive management team and staff

  • Coach the Founder to build his management, presentation, negotiation and strategy skills

  • Get systems in place for management of finances, HR and regulatory compliance

 

The results:

Today this company is quickly growing and becoming one of the leading and most highly regarded alternative online mortgage lenders in the country

  • Successfully raised 2 rounds of funding from highly regarded VC funds

  • The company grew from an employee of 1 to a staff of 35 and some of the top lending executives in the country

  • Negotiated $400 million in loan commitments for the company to start lending operations

  • The company obtains and underwrites loans at a fraction of the industry standard costs because of their best-in-class online technology

  • An Intelleration partner holds a board seat and continues to be an advisor to the company.