OptiFunder

United States - St. Louis, MO

• 03/12/2021
• Seed
• $25,000,000

OptiFunder is an innovative FinTech company and pioneer of the Warehouse Management Platform for residential mortgage originators. OptiFunder leverages Machine Learning and patented Optimization algorithms to automate and optimize the use of short-term funding facilities for independent (non-bank) mortgage companies. Independent mortgage companies originate over 60% of the more than $1.2 trillion of annual mortgages today. Until now, the funding process of the mortgage has been forgotten about. OptiFunder automates the selection of which funding facility is used to fund each loan based on predictive analytics and optimization algorithms to ensure EVERY loan is funded with the absolute lowest possible cost to the mortgage company.

Related People

Michael McFadden, CFAFounder

United States - St Louis, Missouri

As a finance and strategy executive, I bring a very diverse set of skills to drive an organization forward. I have excelled in developing and leading many strategic plans to include raising capital, IPOs, and M&A from both the buy and sell-side. My Corporate Finance experience includes raising over $100 million through an IPO and leading a company sale process, culminating with a $211 million take-private sale. Additionally, I have lead the advancement of FP&A and Investor Relations organizations upon going public. Finally, I have a deep passion for capital markets and utilizing financial instruments and corporate finance to mitigate risk and maximize shareholder value. Beyond my background and experience, I have a unique ability to attract and promote the advancement of talent at all levels by fostering an achieving culture across the organization.

LinkedIn https://www.linkedin.com/in/michael-mcfadden-cfa-20a4bb35/