Better Mortgage has raised $980 million across multiple rounds, including a massive $500 million Series E in April 2021 led by SoftBank, valuing the company at $6 billion. Prior rounds include $200 million Series D at a $4 billion valuation, and $160 million Series C, backed by investors such as AGNC Investment Corp, Hoopp, Activant Capital, Kleiner Perkins, Ping An, and American Express. Founded in 2014, Better Mortgage rapidly scaled its AI-powered online mortgage marketplace, reaching unicorn status in under seven years.