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LoanWell

LoanWell

Financial ServicesFlag of USDurham, North Carolina, United States11-20 Employees

Company overview

HeadquartersDurham, North Carolina, United States
Phone number+19198082878
Website
NAICS52
SIC737
Founded2017
Employees11-20
Socials

Key Contacts at LoanWell

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Bernard Worthy

Co-Founder / Chief Executive Officer

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Justin Straight

Co-Founder, Coo/Cfo

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Philip Tester

Vp Of Sales

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Sean Doherty

Chief Technology Officer

LoanWell Email Formats

LoanWell uses 2 email formats. The most common is {first initial} (e.g., j@loanwell.com), used 85.7% of the time.

FormatExamplePercentage
{first initial}
j@loanwell.com
85.7%
{first name}
john@loanwell.com
14.3%

About LoanWell

LoanWell is building the "Squarespace for Lenders" with an end-to-end platform for intake, origination, underwriting, closing, servicing, and reporting. Lenders can provide their borrowers with a branded frontend and customizable origination process that enables user account management and gathers applicant information and required documents securely. Our applicant tracking technology enables automated email follow up to guide the borrower to application completion. With a customizable workflow and team management, lenders can task different individuals in their organization with different steps in the intake, origination, underwriting, and closing process. Lenders can perform financial analysis with their own models in one integrated tool using our Excel-like Underwriting module. Our custom closing process allows any lender to add their own closing documents and create an e-signature session for all parties embedded directly into the system. Once a loan is closed, LoanWell's servicing technology takes over with auto-drafted ACH payments from the borrower to the lender and custom email sequences according to the lender's collections policy. With LoanWell's robust reporting, Lenders can view their entire portfolio based on the KPIs and data visualization that is most important to them. If you know of any Loan Funds, CDFIs, Foundations doing PRI Lending, Community Banks or Credit Unions that may need our technology, we would love an introduction. See what we're up to at: https://loanwell.com. If you are interested in partnering with us, email team@loanwell.com.

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LoanWell revenue & valuation

Annual revenue$1,283,325
Revenue per employee$86,000
Estimated valuation?$4,200,000
Total funding$3,000,000

Employees by Management Level

Total employees: 11-20

Seniority

Employees

Entry
C-Suite
Manager

Employees by Department

LoanWell has 12 employees across 7 departments.

Departments

Number of employees

Funding Data

Explore LoanWell's funding history, including investment rounds, total capital raised, and key backers.

Funding Date
Round
Amount
Link to Article
2022-11-1913N/A
2024-01-049N/A
2024-08-013N/A
2024-11-163$3,000,000

Funding Insights

$3,000,000

Total funding amount

$3,000,000

Most recent funding amount

4

Number of funding rounds

LoanWell Tech Stack

Discover the technologies and tools that power LoanWell's digital infrastructure, from frameworks to analytics platforms.

Google Workspace

Google Workspace

Email

Google Hosted Libraries

Google Hosted Libraries

CDN

Amazon S3

Amazon S3

CDN

Amazon Web Services

Amazon Web Services

PaaS

Drift

Drift

Live chat

Amazon SES

Amazon SES

Email

Google Tag Manager

Google Tag Manager

Tag managers

jQuery

jQuery

JavaScript libraries

Open Graph

Open Graph

Miscellaneous

Amazon CloudFront

Amazon CloudFront

CDN

Webflow

Webflow

Page builders

core-js

core-js

JavaScript libraries

Frequently asked questions

LoanWell is located in Durham, North Carolina, US.
You can reach LoanWell at +19198082878.
LoanWell was founded in 2017, making it 9 years old. The company has established itself as a significant player in its industry over this time.
LoanWell has approximately 11-20 employees. The company continues to grow its workforce to support its business operations and expansion.
LoanWell has raised a total of $3,000,000 across 4 funding rounds. This investment has helped the company grow and expand its operations.

4.8

40,000 users

top 50
high performer
most used
tier 1 accuracy

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