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Eave - About the company

Eave is an acquired company based in Walnut Creek (United States), founded in 2015 by Saro Vasudevan. It operates as a Direct lender for mortgage loans. Eave has raised $11.5M in funding from RiverPark Ventures. The company has 200 active competitors, including 9 funded and 15 that have exited. Its top competitors include companies like Better Mortgage, loanDepot and Pennymac.

Company Details

Eave is a direct lender offering mortgages to home buyers in Colorado. Compared to traditional lenders, the application process is shorter. The online application takes 30 minutes, and the applicants receive an Eave pre-approval within 30 days. The pre-approval comes with certainty, and lets buyers shop with confidence. Once deal is finalized, the loans are funded within 21 days. There is no need for an office visit in the pre-approval process as the platform digitially verifies the assets through its network.
Social
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Phone Number
+1 **********
Registered Address
San Francisco, California
Key Metrics
Founded Year
2015
Location
Walnut Creek, United States
Stage
Acquired
Total Funding
$11.5M in 2 rounds
Latest Funding Round
Ranked
Employee Count
1 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by HomeLight (Jul 09, 2019)

Eave's acquisition details

Eave got acquired by HomeLight on Jul 09, 2019.
Click here to take a look at Eave's acquisition in detail
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Eave's funding and investors

Eave has raised a total funding of $11.5M over 2 rounds. Eave has 8 institutional investors.

Here is the list of recent funding rounds of Eave:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 08, 2018
9962443
Series A
5226540
2140534
6004358
5696208
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Eave's founders and board of directors

Founder? Claim Profile
The founders of Eave is Saro Vasudevan.
Here are the details of Eave's key team members:

Eave's employee count trend

Eave has 1 employees as of Jun 26. Here is Eave's employee count trend over the years:
Employee count trend for Eave
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Eave's Competitors and alternates

Top competitors of Eave include Better Mortgage, loanDepot and Pennymac. Here is the list of Top 10 competitors of Eave, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Better Mortgage
Better Mortgage
2014, New York City (United States), Series E
Online marketplace offering residential mortgage loans for consumers
$980M
77/100
2nd
Logo for loanDepot
loanDepot
2010, Lake Forest (United States), Public
Mortgage lender providing home loans, refinancing, and home equity solutions
$71.9M
71/100
3rd
Logo for Pennymac
Pennymac
2008, Westlake Village (United States), Public
Provider of home loan origination and servicing solutions. This company offers a full suite of mortgage products, including purchase loans, refinance options, and home equity loans. They support various loan types, such as conventional, FHA, VA, and jumbo loans. The company also provides comprehensive support services for existing loan holders, including account management and payment processing. They utilize a combination of online platforms and dedicated loan officers to assist customers throughout the entire loan process.
-
-
65/100
4th
Logo for Rocket Mortgage
Rocket Mortgage
1999, Detroit (United States), Public
Online platform for mortgage loans
-
-
64/100
5th
Logo for NewRez
NewRez
2008, Washington (United States), Funding Raised
Provider of an online lending platform for mortgage loans
-
61/100
6th
Logo for Mr. Cooper
Mr. Cooper
1994, Dallas (United States), Acquired
Provider of an app-based platform for residential mortgage loans
-
58/100
7th
Logo for Movement Mortgage
Movement Mortgage
2008, Fort Mill (United States), Funding Raised
Online and mobile app based mortgage loans
-
-
57/100
8th
Logo for Roam
Roam
2023, New York City (United States), Series A
Lending platform offering residential mortgage financing
$15.8M
52/100
9th
Logo for FBC Mortgage
FBC Mortgage
2005, Orlando (United States), Unfunded
Home loans provider
-
-
47/100
10th
Logo for A&D Mortgage
A&D Mortgage
2005, Hollywood (United States), Unfunded
Online platform for mortgage loans
-
-
46/100
13th
Logo for Eave
Eave
2015, Walnut Creek (United States), Acquired
Direct lender for mortgage loans
$11.5M
44/100
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Eave's Investments and acquisitions

Eave has made no investments or acquisitions yet.

Reports related to Eave

Here is the latest report on Eave's sector:

News related to Eave

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FAQs about Eave

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