Better ( Thrifts and Mortgage Finance) Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Public

  • Employees
  • 4,000

Employees

  • Stock Symbol
  • BETR

Stock Symbol

  • Investments
  • 6

  • Share Price
  • $0.58
  • (As of Tuesday Closing)

Better ( Thrifts and Mortgage Finance) General Information

Description

Better Home & Finance Holding Co is a digital-first homeownership company whose services include mortgage, real estate, title, and homeowners insurance. The company has combined technology innovation and fresh thinking with a deep customer focus with the goal of revolutionizing the homeownership industry.

Contact Information

Website
www.better.com
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Thrifts and Mortgage Finance
Other Industries
Real Estate Services (B2C)
Financial Software
Consumer Finance
Stock Exchange
NAS
Corporate Office
  • 3 World Trade Center
  • 175 Greenwich Street, 57th Floor
  • New York, NY 10007
  • United States
+1 (415) 000-0000

Better ( Thrifts and Mortgage Finance) Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Better ( Thrifts and Mortgage Finance) Stock Performance

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.58 $0.58 $0.30 - $1.98 $439M 756M 1.31M -$1.11

Better ( Thrifts and Mortgage Finance) Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 436,359 676,587
Revenue 91,510 88,500 395,082 1,311,599
EBITDA (459,085) (459,935) (523,378) (175,317)
Net Income (500,290) (536,420) (877,077) (301,128)
Total Assets 841,586 905,554 1,083,352 3,299,717
Total Debt 670,118 672,064 1,095,960 2,367,929
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Better ( Thrifts and Mortgage Finance) Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Better ( Thrifts and Mortgage Finance) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Better Home & Finance Holding Co is a digital-first homeownership company whose services include mortgage, real estate,
Thrifts and Mortgage Finance
New York, NY
4,000 As of 2023
00.00
000000000 00.00

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00000000 0000000
San Francisco, CA
0000 As of 0000
00.000
000000000 00.000

000000

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000000000 00000000
San Mateo, CA
0000 As of 0000
00.000
00000000 00.000
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Better ( Thrifts and Mortgage Finance) Competitors (6)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
SoFi Formerly VC-backed San Francisco, CA 0000 00.000 000000000 00.000
Upstart Formerly VC-backed San Mateo, CA 0000 00.000 00000000 00.000
LendingTree Formerly VC-backed Charlotte, NC 000 00000 000000000000 00000
Morty Venture Capital-Backed New York, NY 00 000.00 000000000 000.00
Movement Mortgage Private Debt Financed Fort Mill, SC 0000 000000000
To view Better ( Thrifts and Mortgage Finance)’s complete competitors history, request access »

Better ( Thrifts and Mortgage Finance) Patents

Better ( Thrifts and Mortgage Finance) Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230334100-A1 Systems and methods for secure document transfer Pending 15-Apr-2022 000000000
US-20230244486-A1 Extensible event bus architecture Active 01-Feb-2022 000000000 0
US-11782712-B2 Extensible event bus architecture Active 01-Feb-2022 00000000000 0
US-20230144606-A1 Expedited approval processing of a request for a product Pending 11-Nov-2021 00000000000 0
US-20230122904-A1 Systems and methods for dynamic resource orchestration Pending 18-Oct-2021 G06F9/5077
To view Better ( Thrifts and Mortgage Finance)’s complete patent history, request access »

Better ( Thrifts and Mortgage Finance) Executive Team (24)

Name Title Board Seat Contact Info
Vishal Garg Chief Executive Officer & Board Member
Chad Smith Chief Operating Officer & President
Kevin Ryan Chief Financial Officer, Finance
Paula Tuffin General Counsel, Legal & Secretary, Administration
You’re viewing 4 of 24 executive team members. Get the full list »

Better ( Thrifts and Mortgage Finance) Board Members (9)

Name Representing Role Since
Arnaud Massenet Better ( Thrifts and Mortgage Finance) Board Member 000 0000
Harit Talwar Better ( Thrifts and Mortgage Finance) Chairman of the Board 000 0000
Michael Farello Better ( Thrifts and Mortgage Finance) Board Member 000 0000
Prabhu Narasimhan Better ( Thrifts and Mortgage Finance) Board Member 000 0000
Steven Sarracino Activant Capital Board Member 000 0000
You’re viewing 5 of 9 board members. Get the full list »

Better ( Thrifts and Mortgage Finance) Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Better ( Thrifts and Mortgage Finance) Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Better ( Thrifts and Mortgage Finance) Investments & Acquisitions (6)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Mortgage-as-a-Service (Infosys / Better Home & Finance Holding Company) 09-Nov-2023 00000 0000 Other Financial Services 000000 00
Aurora Acquisition 23-Aug-2023 0000000000 Special Purpose Acquisition Company (SPAC) 000000 00
Birmingham Bank 04-Apr-2023 0000000000 Regional Banks 000000 00
Birmingham Bank 01-Jan-2022 000000000 Regional Banks 000000 00
London House Exchange 03-Sep-2021 Merger/Acquisition Financial Software
You’re viewing 5 of 6 investments and acquisitions. Get the full list »

Better ( Thrifts and Mortgage Finance) Subsidiaries (2)

Company Name Industry Location Founded
London House Exchange Financial Software London, United Kingdom 2014
Birmingham Bank Regional Banks Birmingham, United Kingdom 0000
To view Better ( Thrifts and Mortgage Finance)’s complete subsidiaries history, request access »

Better ( Thrifts and Mortgage Finance) FAQs

  • When was Better ( Thrifts and Mortgage Finance) founded?

    Better ( Thrifts and Mortgage Finance) was founded in 2014.

  • Who is the founder of Better ( Thrifts and Mortgage Finance)?

    Vishal Garg, Brad Askew, Yezrell Kifir, Zach Frankel, Eric Wilson, Erik Bernhardsson, Shawn Low, and Viral Shah are the founders of Better ( Thrifts and Mortgage Finance).

  • Who is the CEO of Better ( Thrifts and Mortgage Finance)?

    Vishal Garg is the CEO of Better ( Thrifts and Mortgage Finance).

  • Where is Better ( Thrifts and Mortgage Finance) headquartered?

    Better ( Thrifts and Mortgage Finance) is headquartered in New York, NY.

  • What is the size of Better ( Thrifts and Mortgage Finance)?

    Better ( Thrifts and Mortgage Finance) has 4,000 total employees.

  • What industry is Better ( Thrifts and Mortgage Finance) in?

    Better ( Thrifts and Mortgage Finance)’s primary industry is Thrifts and Mortgage Finance.

  • Is Better ( Thrifts and Mortgage Finance) a private or public company?

    Better ( Thrifts and Mortgage Finance) is a Public company.

  • What is Better ( Thrifts and Mortgage Finance)’s stock symbol?

    The ticker symbol for Better ( Thrifts and Mortgage Finance) is BETR.

  • What is the current stock price of Better ( Thrifts and Mortgage Finance)?

    As of 16-Jul-2024 the stock price of Better ( Thrifts and Mortgage Finance) is $0.58.

  • What is the current market cap of Better ( Thrifts and Mortgage Finance)?

    The current market capitalization of Better ( Thrifts and Mortgage Finance) is $439M.

  • What is Better ( Thrifts and Mortgage Finance)’s current revenue?

    The trailing twelve month revenue for Better ( Thrifts and Mortgage Finance) is $91.5M.

  • Who are Better ( Thrifts and Mortgage Finance)’s competitors?

    SoFi, Upstart, LendingTree, Morty, and Movement Mortgage are some of the 6 competitors of Better ( Thrifts and Mortgage Finance).

  • What is Better ( Thrifts and Mortgage Finance)’s annual earnings per share (EPS)?

    Better ( Thrifts and Mortgage Finance)’s EPS for 12 months was -$1.11.

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