Better.com simplifies the home buying and refinancing process through a fully online platform. It primarily serves homebuyers and homeowners looking to refinance their mortgages. By leveraging technology, Better.com speeds up the traditionally slow process of securing a home loan, providing loan estimates and pre-approvals in minutes. Unlike traditional lenders, it does not charge origination fees or commissions, which can lead to significant savings for clients. The company generates revenue through interest on loans and additional services like title and homeowners insurance. Better.com also offers related services such as Better Settlement Services for efficient communication and Better Real Estate to connect clients with real estate agents, enhancing the overall home buying experience. The goal of Better.com is to make the mortgage process faster, cheaper, and more transparent.

Vision Fund

SoftBank

Aurora Acquisition Corp

Novator

L Catterton

Ally Financial

Activant Capital

9Yards Capital

Ping An Group

American Express Ventures

Kleiner Perkins

Goldman Sachs

Healthcare of Ontario Pension Plan

AGNC Investment

Citigroup Private Bank

Pine Brook Partners

IA Ventures

Moderne Ventures

Fintech

Real Estate

Better.com

Franklin Buchanan, Post Up Careers Founder and Top LinkedIn Voice, provides business strategies to ease the outplacement process when terminating one or more employees.AIKEN, S.C., June 19, 2024 /PRNewswire/ -- Letting go even one employee is disruptive, and the more employees that are impacted, the more disruptive – and more public – it can be. No matter how legitimate the decision is, layoffs can have far-reaching impacts for an organization and its workforce, including impacts on culture, employee satisfaction, and reputation.They're also more public than ever. There are regular posts from employees on social media and tracking websites detailing the grizzly nature of some less-than-ideal layoffs, leading to messy publicity and scrutiny, as the CEOs of Better.com and Hypersocial, dubbed the "Crying CEO" have learned.An organization's layoff approach can minimize these potential risks while easing the transition of those being separated from the organization along with those that remain.Here are four essential strategies that companies and senior executives should follow to make layoffs smoother, avoid bad publicity, reduce internal tension, and set displaced employees up for success.1. Learn from experience.Layoffs should serve as a learning experience for organizations. If this isn't your first layoff, reflect on the steps taken to manage the prior action. This reflection can help reshape the company's strategies and approaches.If this is the first time you're facing this situation, do your research to learn from other's missteps, but also those that have successfully navigated layoffs.As a best practice, you should engage human resources and legal teams early, plus outplacement consultants, should you offer this support (which you should).2

4 Essential Ways To Create A Smoother Layoff Process

The tech-wide reckoning that began in 2022 and ran throughout into 2023 has continued into this year. And while 2024’s losses are not at that scale, they’re still significant, driven by big names like Pixar, Google, Microsoft, Mozilla and TikTok. It remains to be seen if this year’s layoff trends follow last year’s, in which layoffs slowed down in the summer, before cuts began ramping up yet again toward the winter.Momentum for a tech sector rebound remains slow to build, outside of bright spots within artificial intelligence and adjacent companies, resulting in tech companies continuing to cut back on their workforces and pivot from a growth mindset to one based on efficiency in the face of stubborn market conditions.But tracking these layoffs helps us to understand the impact on innovation, which companies are facing tough pressures and who is available to hire for the businesses lucky to be growing right now. Unfortunately, it also serves as a reminder of the deeply human impact of layoffs and how risk profiles could evolve from here.Below you’ll find a comprehensive list of all the known layoffs in tech that started last year, to be updated monthly. If you have a tip on a layoff, contact us here. If you prefer to remain anonymous, you can contact us here.The final total of layoffs for 2023 ended up being 262,735, according to Layoffs.fyi

A Comprehensive List Of 2023 & 2024 Tech Layoffs

Flipping houses is not for the faint of heart, no matter how fun or easy HGTV might make it seem.One startup wants to make the process less complicated by offering a different way to borrow money to fund such a purchase. Founded in late 2020, Backflip offers a service to real estate investors for securing short-term loans. Beyond helping users secure financing, Backflip’s tech also helps investors source, track, comp and evaluate potential investments. Think of it as a cross between Zillow and Shopify. Backflip originates loans through its subsidiary, Double Backflip, LLC. Interestingly, among its processing team are former employees of Better.com, a digital mortgage lender that has had its shares of ups and downs mostly related to its management and market conditions, but was lauded for its technology. “We help investors source properties and curate their pipeline, analyze the deals that they might want to invest in, and hopefully make lower risk, better buying decisions,” CEO and co-founder Josh Ernst told TechCrunch in an interview.  Backflip launched a stealth private beta in 2021 that ran through the first half of 2022. Entering the market at a time when interest rates began to surge was challenging, said Ernst, who is a former investment banker and venture capitalist (he’s backed the likes of Polychain Capital)

Backflip Raises $15 Million To Help Real Estate Investors Flip Houses

NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Noom , the leading digital healthcare company committed to chronic disease prevention and empowering people to live better longer, is pleased to announce the appointment of three distinguished executives to its leadership team. Aaron Severs joins as Chief Product Officer, Peter Scherr joins as Chief Marketing Officer, and Dr. Adonis Saremi is promoted to Chief Medical Officer. These strategic hires are set to bolster Noom's innovative approach to health and wellness, driving the company toward new heights of growth and success.“We are excited for the addition of Adonis, Peter, and Aaron to Noom’s executive team,” said Geoff Cook, CEO of Noom. “Their combined expertise in product innovation, marketing strategy, and medical leadership will be invaluable as we continue to expand our offerings, focus on GLP-1s and make healthy living accessible to millions more around the globe.”Dr. Adonis Saremi, with dual board certification in Internal Medicine and Clinical Informatics and board eligibility in Obesity Medicine, transitions into his role at Noom as Chief Medical Officer

Noom Announces Strategic Expansion Of Executive Team With Key Leadership Appointments

Backflip, a startup offering innovative borrowing solutions for real estate investors, raised $15 million in Series A funding led by FirstMark Capital. Founded in 2020, the company has achieved a 5x revenue growth in 2023, reaching an annualized revenue of $10 million. Backflip's platform, which has funded over 900 homes, combines property sourcing, deal analysis, and investment pipeline management, targeting a global expansion with the new funds.

Backflip Secures $15M Series A Funding

Better.com announced Thursday that it has hired Misti Snow as its new senior vice president of operations.

Better.com hires Misti Snow as SVP of operations

Better.com announces launch of FHA Streamline Refinance product.

Better.com Announces Launch of FHA Streamline Refinance Product

Holding company Better Home & Finance hired Chad Smith to be the president and chief operating officer of its mortgage business, it announced on Friday.

Better taps Chad Smith as new president and COO

Better.com launches Betsy(TM), the first voice-based AI Loan Assistant for the US mortgage industry.

Better.com launches Betsy(TM), the First Voice-Based AI Loan Assistant for the US Mortgage Industry

Welcome to TechCrunch Fintech! This week, we look at the drama around TabaPay deciding to not buy Synapse’s assets, as well as stocks dropping for a couple of fintechs, Monzo raising even more funds, and more! Sign up here to get Fintech in your inbox every Tuesday at 7 a.m. PT!The big storyThere was a lot of he said, she said finger-pointing in fintech land last week. Instant payments company TabaPay confirmed to TechCrunch that it has abandoned its plans to purchase the assets of troubled banking-as-a-service startup Synapse. Synapse said the problem was banking partner Evolve Bank  Trust. And Evolve said it was not involved, and not to blame. Meanwhile, another player in the saga, Mercury, says Synapse’s allegations have “no merit.” What really happened? Perhaps one day we’ll find out

Inside Tabapay’S Drama-Filled Decision To Abandon Its Plans To Buy Synapse’S Assets

Online platform for home loans and refinancing

Better.com

Online platform for home loans and refinancing

Better.com

Online platform for home loans and refinancing

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