T

Trovy

Home equity-based credit card with rewards

Vice President Marketing

Full-Time
$205k - $250k/yr+ Equity compensation
Expert
New York, NY, USA
In PersonOn-site in NYC.
Growth & MarketingMarketing Generalist & Management

About the job

Requirements
  • At least 10 years of experience driving new user acquisition against set customer acquisition cost or volume targets, timelines, and budgets at scale.
  • At least 5 years of experience building and leading marketing teams, including managing agencies and consultants.
  • A track record of managing performance toward measurable goals.
  • Deep knowledge of some or all of the key marketing channels, such as paid media, measurement, and performance channels including Meta, TikTok, Google, direct mail, affiliate, and organic search engine optimization.
  • Mastery of hypothesis-driven A/B and incrementality testing, with the ability to lead a team in analyzing results to inform future testing.
  • Ability to break down problems, assess opportunity areas, develop ideas and priorities, and mobilize teams and resources.
  • Ability to define key marketing key performance indicators and break them down into underlying drivers to understand and influence performance from first principles.
  • A strong point of view on effective direct-response creative, with a framework for testing and iterating on it.
  • Experience marketing high-consideration financial products in a regulated environment and translating complex products into clear, trustworthy value propositions.
Responsibilities
  • Own top-of-funnel metrics and multi-year marketing plans across Trovy's home equity products.
  • Determine resourcing and support needs, build internal alignment, and deliver against volume targets.
  • Accelerate the development of enhanced targeting models and customer research to sharpen acquisition efficiency.
  • Build lifecycle programs that drive activation, card usage, draws, retention, and referrals across the customer base.
  • Lead market research and competitor analysis to develop recommendations based on Trovy's advantages in the home equity market.
  • Lead a proactive public relations strategy to communicate Trovy's strengths to the market, media, and customers.
  • Partner on new product design, bringing market intelligence and customer insight to ensure new offerings are positioned to succeed.
  • Partner with product and operations on the borrower lifecycle, from first inquiry through the active draw period.
  • Own the full acquisition mix, including paid, affiliate, direct mail, organic search engine optimization, and lifecycle; set strategy, budget allocation, and performance standards; and manage employees and consultants who own individual channels.
  • Own the marketing budget, growing acquisition volume while holding or improving customer acquisition cost.
  • Monitor performance across the channel mix and decide where to cut, scale, or iterate.
  • Establish new distribution channels and strategies beyond paid media, including additional organic growth and business-to-business-to-consumer partnerships.
  • Set the creative and brand vision across every touchpoint, from paid ads and direct mail to the website and card.
  • Mentor and empower the marketing team to operate as a data-first execution engine with a mission-driven, high-performance culture.
  • Work cross-functionally with designers, product, data, and compliance to bring campaigns to life, including building a scalable ad review process across legal and regulatory requirements.
Desired Qualifications
  • Experience in fintech or a direct-to-consumer/consumer lending business.

About the company

Trovy provides a home equity-backed credit card that lets homeowners access their property value through a consumer lending product. The card offers lower interest rates than many traditional cards and includes built-in flexibility plus a cash-back rewards program on every purchase. Lending is facilitated by Trovy Lending Co. around New York, with a direct-to-consumer model and revenue from interest on carried balances and interchange fees. Compared with typical credit cards, Trovy centers on leveraging home equity to offer more favorable terms and a straightforward credit option for homeowners in the United States. The company’s goal is to give homeowners easier access to credit using the value tied up in their homes, through a specialized credit card product and supporting lending operations.

Company Size

11-50

Company Stage

Series A

Total Funding

$25M

Headquarters

New York City, New York

Founded

2024

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Simplify's Take

What believers are saying

  • Trovy raised $15 million on June 24, 2026, reaching $25 million total funding.
  • The company is live in 27 states and hired across New York and Salt Lake City.
  • No annual fee, instant virtual card access, and 2% cashback strengthen consumer appeal.

What critics are saying

  • Trovy depends on Cross River Bank and Mastercard; partner friction can freeze growth.
  • Thirty states are licensed, but only 27 are live; state-by-state expansion slows execution.
  • Home-equity lending exposes Trovy to housing downturns and forced-sale losses in 2026.

What makes Trovy unique

  • Trovy's June 2026 HELOC card turns home equity into Mastercard spending.
  • Cross River Bank issues Trovy's card, adding regulated banking infrastructure and distribution.
  • Trovy shows rates at 6.49%-14.64% APR, far below typical 22% credit cards.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Flexible Work Hours
  • Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

35%

1 year growth

35%

2 year growth

35%
The Fintech Times
Sep 5th, 2026
Trovy raises $15M for home equity credit card at mortgage rates

Trovy, a US fintech, has closed a $15 million Series A led by Left Lane Capital to expand its home equity line of credit card. The company transforms home equity into a Mastercard that functions at mortgage rates rather than typical credit card rates above 20%. The Trovy HELOC Card, issued by Cross River Bank, allows homeowners to access equity at point of purchase without traditional draw processes. The fully online application uses automated valuation and verified income for quick approval. Customers receive 2% cashback on home purchases and 1% on other spending, with no annual or inactivity fees. The round brings total funding to $25 million, with participation from Kleiner Perkins, DCM Ventures and Camber Creek. The card is currently live in 27 states. Funds will support national expansion and development of a second product for home purchases and refinances.

FinSMEs
Jun 24th, 2026
Trovy Raises $15M in Series A Funding

Trovy, a New York City-based developer of a home equity-backed consumer fintech and lending platform, raised $15m in a Series A funding round, bringing its total financing to $25m

Axios
Jun 24th, 2026
Trovy raises $15M for home equity-backed credit card

Trovy, a fintech offering credit cards backed by home equity, has raised $15 million in Series A funding, CEO TJ Milani told Axios. The company aims to provide consumers with cheaper alternatives to traditional credit cards and personal loans by making home equity a more flexible borrowing source.

AlleyWatch
Jun 24th, 2026
The alleywatch startup daily funding report: 6/24/2026.

The alleywatch startup daily funding report: 6/24/2026. The latest venture capital, seed, pre-seed, and angel deals for NYC startups for June 24, 2026 featuring funding details for Allium, Probook, Runlayer, Trovy, ODIN, and much more. This page will be updated throughout the day to reflect any new fundings. Allium - $40M. Allium, a blockchain data platform that standardizes and enriches on-chain activity from more than 150 chains for enterprise and institutional clients, has raised $40M in Series B funding led by Amplify Partners with participation from Kleiner Perkins and Theory Ventures. Founded by Ethan Chan, Cheng Han Lee, and Paul Chun in 2022, Allium has now raised a total of $61.5M in reported equity funding. YOUR BRAND. NYC TECH. AlleyWatch puts your message in front of the investors, operators, and entrepreneurs driving NY's innovation economy. Advertise today Probook - $34M. Probook, an AI operating system for home services businesses that automates dispatch, customer communications, and scheduling workflows, has raised $34M in Series A funding led by Andreessen Horowitz with participation from Sequoia Capital. Founded by George Eliadis, Ben Cervantez, and Lewis Zhang in 2024, Probook has now raised a total of $40M in reported equity funding. Runlayer - $30M. CYBERSECURITY Runlayer, an AI security and governance platform that provides enterprises with a centralized control layer for deploying and managing AI agents across their organizations, has raised $30M in Series A funding led by Felicis with participation from Khosla Ventures. Founded by Andrew Berman, Tal Peretz, and Vitor Balocco in 2025, Runlayer has now raised a total of $42M in reported equity funding. Trovy - $15M. Trovy, a fintech platform that provides card-based home equity line of credit products for homeowners, has raised $15M in Series A funding led by Left Lane Capital with participation from Kleiner Perkins, DCM Ventures, and Camber Creek. Founded by TJ Milani, Ashley Harris, and Wontaek Shin in 2024, Trovy has now raised a total of $25M in reported equity funding. ODIN - $3.25M. ENTERPRISE ODIN, a construction technology platform that provides cloud-based labor management software for onboarding workers, managing credentials, and controlling jobsite access, has raised $3.25M in funding according to a recent SEC filing. The filing indicates that the total offering is for $6.5M and there were two investors in this close. ODIN was founded by Douglas Carney, Dawn Williamson, and Mike Verderese in 2020.