When was Rate founded?

Rate was founded in 2000 and raised its 1st funding round 17 years after it was founded.

Where is Rate located?

Rate is headquartered in Chicago, United States. It is registered at Chicago, Illinois.

How many employees does Rate have?

As of Oct 31, 2026, the latest employee count at Rate is 5678.

Is Rate a funded company?

Rate is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Dec 14, 2017.

When was the latest funding round of Rate?

Rate's latest funding was a $***** PE round on Dec 14, 2017, with participation from 1 investor. Its primary sector is Consumer and SME Loans. In United States, the Consumer and SME Loans sector has seen $1.86B in funding in 2026 to date.

Where does Rate rank among its competitors?

Rate ranks 3rd amongst 1027 active competitors, of which 33 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Lendmark Financial, which secured $617K in Oct, 2020.

Who are the top competitors of Rate?

Rate's top competitors include loanDepot, Freedom Mortgage and Wintrust. Among them, Lendmark Financial secured the most recent funding round in October, 2020.

Rate - 2026 Company Profile, Funding & Competitors

Company Details

Provider of mortgage loans. It offers a a full suite of digital homeownership and financial services, including residential mortgage loans, refinancing, real estate search and property tools, personal financial wellness solutions, and an integrated insurance marketplace offering home, auto, life, and umbrella coverage.

Website: www.rate.com/
Social
Email ID: *****@rate.com
Phone Number: +1 **********
Registered Address: Chicago, Illinois

Key Metrics

Founded Year

2000

Location

Chicago, United States

Stage

Late Stage

Latest Funding Round

PE, Dec 14, 2017, $*****

Investors

Thomas H Lee Partners

Ranked

3^rd among 1027 active competitors

Employee Count

5,678 as on Oct 31, 2026

Investment & Acquisitions

Premia Relocation Mortgage & 4 more

Similar Companies

India Shelter Finance Corporation & 1407 more

View Rate's full profile

Rate is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
GUARANTEED RATE, INC. CIN: 364327855 , United States, Active	Dec 26, 999	-	5492 (As on Dec 31, 2024)	-

Rate has raised funding over 1 round. Its latest funding round was a PE round on Dec 14, 2017 for $*****. 1 investor participated in its latest round. Rate has 1 institutional investor.

Here is the list of recent funding rounds of Rate:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 14, 2017	3733380	PE	8527341	4269121	9981553	7495502

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View details of Rate's funding rounds and investors

Rate's employee count trend

Rate has 5,678 employees as of Oct 26. Here is Rate's employee count trend over the years:

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Top competitors of Rate include loanDepot, Freedom Mortgage and Wintrust. Here is the list of Top 10 competitors of Rate, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	loanDepot 2010, Lake Forest (United States), Public	Mortgage lender providing home loans, refinancing, and home equity solutions	$71.9M	Parthenon Capital	72/100
2nd	Freedom Mortgage 1990, Mount Laurel Township (United States), Funding Raised	Home loans provider	-	Tribune Publishing, J P Morgan Wealth Management ... & 1 others	65/100
3rd	Rate 2000, Chicago (United States), Late Stage	Provider of mortgage loans	-	Thomas H Lee Partners	63/100
4th	Wintrust 1991, Rosemont (United States), Public	Bank offering diversified financial services	-	CIVC Partners	63/100
5th	Veterans United Home Loans 2002, Columbia (United States), Unfunded	Home loans provider	-	-	61/100
6th	Advance America 1997, Greenville (United States), Acquired	Online platform for consumer loans	-	Stephens	58/100
7th	Guild Mortgage 1960, San Diego (United States), Acquired	Provider of home loans	-	McCarthy Capital	57/100
8th	CMG Financial 2011, San Ramon (United States), Acquired	Provider of residential mortgage loans	-	-	56/100
9th	Lendmark Financial 1996, Lawrenceville (United States), Acquired	Provider of auto and personal loans	$2.46M	Clarus Ventures	55/100
10th	Republic Finance 1952, Baton Rouge (United States), Acquired	Consumer loans and financial solutions provider, serving customers and communities	-	-	55/100

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Rate has made 1 investments in companies including TurboAppeal. Rate has also acquired 4 companies including Premia Relocation Mortgage and Attorneys' Title Guaranty Fund.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 30, 2023	Acquisition	Premia Relocation Mortgage	1987	Troy (United States)
Apr 04, 2022	Acquisition	Attorneys' Title Guaranty Fund	1964	Gurnee (United States)
Feb 05, 2021	Acquisition	Owning	2018	Orange (United States)