OptiFunder
OptiFunder provides a Warehouse Management System (WMS) designed to connect mortgage originators and warehouse lenders, optimizing funding allocations and automating the loan funding process. Leveraging machine learning and AI, OptiFunder's proprietary algorithm systematically decides where to fund loans based on eligibility, terms, pricing, and financial objectives, removing manual guesswork. The platform offers features like automated wire data checks for fraud prevention, collateral shipping tracking, purchase advice automation, and real-time reporting and analytics. OptiFunder is recognized as an Inc. 5000 Fastest-Growing Mortgage Tech Company and has completed SOC 2 (Type 2) audits annually, indicating a strong commitment to security and compliance.
OptiFunder
OptiFunder provides a Warehouse Management System (WMS) designed to connect mortgage originators and warehouse lenders, optimizing funding allocations and automating the loan funding process. Leveraging machine learning and AI, OptiFunder's proprietary algorithm systematically decides where to fund loans based on eligibility, terms, pricing, and financial objectives, removing manual guesswork. The platform offers features like automated wire data checks for fraud prevention, collateral shipping tracking, purchase advice automation, and real-time reporting and analytics. OptiFunder is recognized as an Inc. 5000 Fastest-Growing Mortgage Tech Company and has completed SOC 2 (Type 2) audits annually, indicating a strong commitment to security and compliance.
TL;DR
Sector: Mortgage technology — Warehouse Management System (WMS)
Founded: 2018
Headquarters: Clayton / St. Louis, Missouri
CEO / Founder: Michael McFadden
Notable funding: $25M round led by Arthur Ventures (announced Nov 2021)
Employees (approx.): 28
Company Overview
Problem Domain
Warehouse funding inefficiency, manual funding decisions, fraud risk, collateral and funding workflow coordination in mortgage origination
Founded
2018
Industry
Mortgage technology; financial services software
Funding Track Record
$25,000,000
Announced capital raise led by Arthur Ventures; company press release dated Nov 21–22, 2021.
Investor Signal
“Raised growth capital led by Arthur Ventures”