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.
- Website
- helloeave.com
- 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
Investors
Ranked
13th among 200 active competitors
Employee Count
1 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by HomeLight (Jul 09, 2019)
Legal entities associated with Eave
Eave is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
EAVE, INC. CIN: 831708637 , United States, Active | Jul 08, 2015 | - | 13 (As on Dec 31, 2024) | - |
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 |
View details of Eave's funding rounds and investors
Eave's founders and board of directors
Founder? Claim ProfileThe founders of Eave is Saro Vasudevan.
Here are the details of Eave's key team members:
- Saro Vasudevan: Co-Founder of Eave.
View details of Eave's Founder profiles and Board Members
Eave's employee count trend
Eave has 1 employees as of Jun 26. Here is Eave's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Better Mortgage 2014, New York City (United States), Series E | Online marketplace offering residential mortgage loans for consumers | $980M | 77/100 | |
2nd | loanDepot 2010, Lake Forest (United States), Public | Mortgage lender providing home loans, refinancing, and home equity solutions | $71.9M | 71/100 | |
3rd | 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 | Rocket Mortgage 1999, Detroit (United States), Public | Online platform for mortgage loans | - | - | 64/100 |
5th | NewRez 2008, Washington (United States), Funding Raised | Provider of an online lending platform for mortgage loans | - | 61/100 | |
6th | Mr. Cooper 1994, Dallas (United States), Acquired | Provider of an app-based platform for residential mortgage loans | - | 58/100 | |
7th | Movement Mortgage 2008, Fort Mill (United States), Funding Raised | Online and mobile app based mortgage loans | - | - | 57/100 |
8th | Roam 2023, New York City (United States), Series A | Lending platform offering residential mortgage financing | $15.8M | 52/100 | |
9th | FBC Mortgage 2005, Orlando (United States), Unfunded | Home loans provider | - | - | 47/100 |
10th | A&D Mortgage 2005, Hollywood (United States), Unfunded | Online platform for mortgage loans | - | - | 46/100 |
13th | Eave 2015, Walnut Creek (United States), Acquired | Direct lender for mortgage loans | $11.5M | 44/100 |
Looking for more details on Eave's competitors? Click here to see the top ones
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:
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