OptiFunder - About the company
OptiFunder is a series B company based in Maryland Heights (United States), founded in 2018 by Michael Mcfadden. It operates as a Developer of software for mortgage warehouse funding and lifecycle management. OptiFunder has raised $25M in funding from Arthur Ventures. The company has 1452 active competitors, including 66 funded and 115 that have exited. Its top competitors include companies like Generix Group, TidalWave and Virtualstock.
Company Details
Developer of software for mortgage warehouse funding and lifecycle management. This technology facilitates connectivity between mortgage originators and warehouse lenders to automate funding processes. The system integrates with loan origination software, document custodians, and banking platforms to manage post-closing tasks and warehouse operations. It provides tools for tracking note rates, carry costs, and dwell times to assist in the administration of mortgage warehouse facilities.
- Website
- www.optifunder.com/
- Email ID
- *****@optifunder.com
- Phone Number
- +1 **********
- Registered Address
- 1807 Park 270 Drive, Suite 420 Maryland Heights, MO 63146
Key Metrics
Founded Year
2018
Location
Maryland Heights, United States
Stage
Series B
Total Funding
$25M in 1 round
Latest Funding Round
Investors
Ranked
15th among 1452 active competitors
Employee Count
35 as on Aug 31, 2026
Similar Companies
Legal entities associated with OptiFunder
OptiFunder is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OPTIFUNDER CORP CIN: - , Belgium, Active | Oct 04, 2018 | - | - | - |
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OptiFunder's funding and investors
OptiFunder has raised a total funding of $25M over 1 round. Its latest funding round was a Series B round on Nov 23, 2021 for $*****. 1 investor participated in its latest round. OptiFunder has 1 institutional investor.
Here is the list of recent funding rounds of OptiFunder:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 23, 2021 | 6947538 | Series B | 7936063 | 9306651 | 7617719 | 7386047 |
View details of OptiFunder's funding rounds and investors
OptiFunder's founders and board of directors
Founder? Claim ProfileThe founders of OptiFunder is Michael Mcfadden. Michael Mcfadden is the CEO of OptiFunder.
Here are the details of OptiFunder's key team members:
- Michael Mcfadden: Founder & CEO of OptiFunder. Contact Info: 1 email address
View details of OptiFunder's Founder profiles and Board Members
OptiFunder's employee count trend
OptiFunder has 35 employees as of Aug 26. Here is OptiFunder's employee count trend over the years:
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OptiFunder's Competitors and alternates
Top competitors of OptiFunder include Generix Group, TidalWave and Virtualstock. Here is the list of Top 10 competitors of OptiFunder, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Generix Group 1996, Paris (France), Public | Supply chain and collaboration solutions | - | 62/100 | |
2nd | TidalWave 2023, New York City (United States), Series A | Developer of an AI platform streamlining mortgage origination for financial institutions | $22M | 60/100 | |
3rd | Virtualstock 2004, Reading (United Kingdom), Acquired | Provider of cloud-based inventory management solutions for retailers | $23.9M | 59/100 | |
4th | DecisionPoint 1995, Irvine (United States), Public | Provider of a field service and warehouse management solution | $16.3M | 59/100 | |
5th | Stavvy 2017, Boston (United States), Series A | Provider of a digital platform for real estate transaction management | $41.5M | 58/100 | |
6th | Kargo 2019, San Francisco (United States), Series B | Provider of automated shipping and receiving solutions for warehouse operations | $91.4M | 58/100 | |
7th | Computer Associates 1978, Providence (United States), Acquired | Microsoft windows based ERP software vendor | $1.9M | 58/100 | |
8th | Fishbowl 2001, Orem (United States), Acquired | Inventory management software for QuickBooks and Xero, streamlining operations | - | - | 58/100 |
9th | Snapdocs 2013, San Francisco (United States), Series D | Provider of digital closing software for mortgage and title transactions | $265M | 57/100 | |
10th | FirstClose 2000, Austin (United States), Series B | Mortgage settlement solutions provider | $39.7M | 56/100 | |
15th | OptiFunder 2018, Maryland Heights (United States), Series B | Developer of software for mortgage warehouse funding and lifecycle management | $25M | 52/100 |
Looking for more details on OptiFunder's competitors? Click here to see the top ones
OptiFunder's Investments and acquisitions
OptiFunder has made no investments or acquisitions yet.
Reports related to OptiFunder
Here is the latest report on OptiFunder's sector:
News related to OptiFunder
Media has covered OptiFunder for a total of 4 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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OptiFunder Launches OptiExchange to Connect Mortgage Lenders with Industry SolutionseNewsChannels•May 18, 2026•OptiFunder
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OptiFunder and Vesta Parent to Integrate Loan Origination and Warehouse FundingeNewsChannels•May 12, 2026•Vesta, OptiFunder
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OptiFunder Selected as a HousingWire Tech 100 Mortgage HonoreeOptiFunder•Mar 02, 2025•OptiFunder, HousingWire
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OptiFunder Appoints Steve Landes as President, Former President of NattyMacOptiFunder•Jan 10, 2025•OptiFunder
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The Loan Store Chooses OptiFunder for Warehouse ManagementOptiFunder•Nov 19, 2024•The Loan Store, OptiFunder
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FundingShield Announces Integration with OptiFunder to Deliver Integrated Fraud Prevention ServicesGlobal Fintech Series•Oct 25, 2024•Fundingshield, OptiFunder
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