Better

Category
  • Fintech
Founded

2014

CEO
  • Vishal Garg

Location

New York,

NY

Website

Redefining homeownership for all Americans

Category
  • Fintech
CEO
  • Vishal Garg

Founded

2014

Location

New York,

NY

Website

Vishal and his team are disrupting the multi-trillion dollar homeownership industry from end-to-end.

The homebuying process has been dominated by banks and mired in complex processes since the Industrial Revolution; customers deserve better.

About

Through their full-stack platform spanning mortgage, brokerage, and insurance, Better is building the first digital homeownership company for America.

Better kills convolution and confusion, reduces middleman fees by up to 50%, and reduces the time to lock in a mortgage rate from 5 days to 48 hours.

This helps Americans get a better home, faster, at a lower rate, easier than ever.

In the news

Mortgage lender Better going public via $7.7 billion SPAC.

May 2021

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Softbank to invest $500 million in mortgage startup Better.

April 2021

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Online lender Better.com raises $200 million at $4 billion valuation.

November 2020

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Our investment

Activant led Better’s Series C and introduced lead investors for the subsequent capital raises. Activant is the second largest shareholder after founder and CEO Vishal Garg.

  1. SeriesC

    Money raised

    $ 160 MM

    Investors

    Activant

    Lead

    Kleiner Perkins

    Goldman Sachs

    Citigroup

    American Express Ventures

  2. SeriesD

    Money raised

    $ 200 MM

    Investors

    L Catterton

    Lead

    Activant

    American Express Ventures

    9Yards Capital

    Ping An Global Voyager Fund

How we supported Better

“Lots of investors talk about rolling up their sleeves and doing the work. I’ve been an entrepreneur for 20 years and let me tell you, very few actually deliver.” — Vishal Garg

Fundraising

Supported fundraising efforts in a hands-on manner as part of an expanded onsite FP&A team and through the introduction of new investors

Hiring

Introduced candidates for key positions and board roles as the company entered hypergrowth and prepares for the public markets

Strategy

Activant helped accelerate Better's B2B strategy via introductions to customers and channel partners and deepened the Company's ties to the fintech ecosystem

The Better Story:

How it all started

2014

2015

2016

2017

2018

2019

2020

2021

Seed

Series A

Series B

Series C

Series D

SPAC

Partnering with us

Founders who aspire to build something bigger than themselves chose to partner with us at their most critical point.

Learn more