Nasdaq · Dec 2023
Launch announcement and seed funding news; notes the marketplace, its automation/computer-vision approach, and the investor group led by Zigg Capital.
Company research
Public company, workplace, funding, and market signals
Overview
YC-backed mortgage marketplace for first-time homebuyers that helps users find qualifying down-payment assistance, grants, loans, and lender options; monetization is described publicly as lender referral fees.
Primary product
Mortgage marketplace and homebuyer assistance platform
Founded
2021
Headquarters
169 Madison Avenue #2238, New York, NY 10016, United States
Team size
1-10 employees
Work style
Remote
Industry
Financial Services
Sub-industry
Mortgage banking / mortgage marketplace
Offices
169 Madison Avenue #2238, New York, NY 10016, United States
Brooklyn, New York, United States
Business model
Marketplace
Referral fees from lenders
Lead generation for mortgage partners
Funding
Stage
Seed
Total raised
$4M
Latest round
Seed · Dec 2023
Latest amount
$3.5M
People & investors
Work & culture
Mission-driven and access-focused; public messaging emphasizes making homeownership more accessible for first-time buyers and traditionally disadvantaged communities.
Work style
Remote
Product & market
Pricing
Free consumer mortgage comparison / marketplace; monetized via lender referral fees
Differentiators
- —Aggregates down-payment assistance and mortgage programs in one place
- —Matches users to homes and programs they can actually qualify for
- —Tracks changing eligibility rules, rates, and new assistance programs automatically
- —Connects buyers directly with lenders
- —Was described as licensed in 40 states at launch
Technology
automation
computer vision
mortgage comparison engine
Customers
first-time homebuyers
aspiring homebuyers
real estate brokers
mortgage lenders
Competitors
Digs
BoostUp
GoodRoots
HomeLight Home Loans
Better Mortgage
Roostify
Scale & contact
Estimated revenue
USD 1M-10M
Latest news
HousingWire · Dec 2023
Describes the launch of Stairs Financial's mortgage marketplace, its DPA/lender matching workflow, and the $3.5M round.
Forbes · Dec 2023
Explains the company's mortgage-marketplace model and states that it monetizes via referral fees from lenders.
Yahoo Finance · Dec 2023
Syndicated coverage of the launch and financing, including the $3.5M seed round and expansion plans.
VCNewsDaily
Funding roundup with headquarters address and CEO attribution; confirms the $3.5M seed round and investor list.
Jobs and careers at Stairs Financial
0 jobs at Stairs Financial
No open positions
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