Layoff
Jun 2022HousingWire reported UpEquity laid off about 10% of its workforce (nine employees) amid a frozen fundraising environment and a softer housing/mortgage market.
SourceUpEquity gives homebuyers more certainty and power.
Company research
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
Overview
UpEquity is a veteran-owned Austin mortgage technology company that helps homeowners buy and sell at the same time by turning financed offers into competitive cash-style offers through its Trade Up / buy-before-you-sell products and automated underwriting platform.
Primary product
Trade Up / buy-before-you-sell mortgage and equity-access platform
Founded
2019
Headquarters
Austin, Texas, United States
Team size
50-60
Work style
Hybrid
Industry
Real Estate
Sub-industry
Mortgage technology / proptech
Offices
1145 West 5th St, Austin, TX 78701
1645 E 6th St #100, Austin, TX 78702
3100 Alvin Devane Blvd Building A Ste 100, Austin, TX 78741
Austin, Texas, United States
Business model
mortgage lending
buy-before-you-sell financing
home-equity access / bridge financing
partner-led distribution through agents and lenders
Funding
Stage
Series B / debt-financed growth stage
Total raised
$276.8M
Latest round
Line of Credit / warehouse facility · Jun 2025
Latest amount
$200M
Line of Credit / warehouse facility
Jun 2025 · Silicon Valley Bank
Oct 2021 · S3 Ventures
Feb 2021 · Next Coast Ventures
Aug 2019 · Y Combinator
People & investors
Leadership
Chief Technology Officer
Chief Financial Officer
Vice President of Revenue Operations
Vice President Operations
Senior Director, Finance and Strategy
Director Of Engineering
Head of Marketing
Head Of Compliance
Vice President of Sales
Founders
Co-founder, former COO
Work & culture
Mission-driven, sales- and operations-heavy mortgage fintech with an Austin in-office culture, WFH Wednesdays, and an emphasis on speed, automation, and helping homebuyers win competitive offers.
Work style
Hybrid
Visa sponsorship
Limited
Compensation
Public role postings show competitive compensation and explicit salary bands such as $70K-$80K for Escrow Officer and $150K-$180K for Manager, FP&A. Benefits disclosures highlight equity, bonuses, PTO, and standard healthcare/retirement coverage. One posted role specifies 'US citizen/visa only,' suggesting sponsorship is limited or role-dependent rather than broadly advertised.
Benefits
company equity
employee stock purchase plan
performance bonuses
health insurance
dental insurance
vision insurance
401(k)
disability insurance
life insurance
HSA
generous PTO
paid sick days
paid holidays
bereavement leave
company-sponsored outings
Product & market
Pricing
Mortgage/lending economics: revenue derived from mortgage-related spreads or a portion of interest over the life of the loan, plus partner-led transaction volume.
Differentiators
- —All-cash / cash-style offers for homebuyers
- —Removes financing contingencies
- —Buy-before-you-sell workflow
- —Automated underwriting and AI-enabled platform
- —Faster closing target (10 days cited; 18-day progress reported)
- —Works through real-estate and lender partnerships
Technology
AWS
Node.js
TypeScript
Terraform
CircleCI
React
PostgreSQL
Salesforce
Slack
Looker
BambooHR
JIRA
Trello
Google Analytics
WordPress
Google Workspace
HubSpot
Snowflake
NetSuite
QuickBooks
Customers
homeowners buying and selling at the same time
well-qualified homebuyers
first-time homebuyers
real estate agents
mortgage lenders
real estate brokers
home builders
Competitors
Opendoor
Flyhomes
Offerpad
Orchard
Ribbon
Homeward
Knock
Scale & contact
Estimated revenue
$1M-$10M
Estimated monthly visits
2.2K
Traffic estimate as of Jun 2026
Signals & risks
Layoff
Dec 2022National Mortgage News reported another round of layoffs, with roughly 10-15 employees cut, or about 25% of staff, across several departments.
SourceLatest news
PR Newswire · Jun 2025
UpEquity announced up to $200M in warehouse financing capacity from SVB and Setpoint Capital, with support for $1B in originations over two years and claims of tripling revenue annually since launching its buy-before-you-sell product in 2023.
UpEquity Press Room / Austin Monitor coverage · Oct 2024
UpEquity said it had reduced closing time from roughly 50 days to 18 days and was using its venture financing to hire more engineers and loan officers to reach a 10-day average close.
UpEquity Press Room / Built In Austin · Oct 2024
The company announced Built In Austin recognition as one of the best places to work in the small companies category, supporting its employer-brand and culture claims.
UpEquity Press Room / Built In Austin · Feb 2022
Built In Austin highlighted UpEquity as a startup to watch, noting its automation of mortgage acquisition and underwriting and its plan to scale headcount and office space.
UpEquity Press Room / Business Wire · Jan 2022
UpEquity expanded its platform into California, emphasizing all-cash offers and removal of financing contingencies in a high-priced, competitive housing market.
Jobs and careers at UpEquity
0 jobs at UpEquity
No open positions
Check back later for new openings