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Ellie Mae Named to Deloitte’s 2017 Technology Fast 500 List

NationalMortgageProfessional.com
Nov 17, 2017
Pleasanton, Calif.-based Ellie Mae has announced its acquisition of Capsilon, a provider of AI-powered mortgage automation software for mortgage lenders, investors and servicers

Ellie Mae has been named to Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Ellie Mae’s operating revenue increased 180 percent from 2013 to 2016.
 
Ellie Mae’s President and Chief Executive Officer Jonathan Corr credits the company’s impressive momentum with increased adoption of its services and enhancements to the Encompass all-in-one mortgage management solution.
 
“We’re committed to continuing to drive innovation to meet the needs of our customers and provide complete end-to-end automation for a fully digital mortgage experience,” said Corr. “Since our launch of the Encompass Lending Platform, more lenders have begun to use our solutions to close more loans, lower costs and reduce time to close loans. This has helped to accelerate innovation, providing users with the technology they need to ensure compliance, efficiency and quality throughout the entire mortgage process.”
 
Overall, 2017 Technology Fast 500 companies achieved revenue growth ranging from 135 percent to 59,093 percent from 2013 to 2016, with median growth of 380 percent.
 
“The Deloitte 2017 North America Technology Fast 500 winners underscore the impact of technological innovation and world class customer service in driving growth, in a fiercely competitive environment,” said Sandra Shirai, Vice Chairman, Deloitte Consulting LLP and U.S. Technology, Media and Telecommunications Leader. “These companies are on the cutting edge and are transforming the way we do business. We extend our sincere congratulations to all the winners for achieving remarkable growth while delivering new services and experiences for their customers.”


 
Published
Nov 17, 2017
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