Roostify Is Named One of the 20 Rising Stars as Part of Forbes’ Second Annual Cloud 100 List

NEW YORK (July 11, 2017) – Roostify, a provider of automated mortgage transaction technology, has been named one of the 20 Rising Stars as part of the Forbes 2017 Cloud 100 list, the definitive list of the top 100 private cloud companies in the world, published by Forbes in collaboration with Bessemer Venture Partners.

The 20 Rising Stars represent young, high-growth and category-leading cloud companies who have raised less than $25 million to date and are poised to join the Cloud 100 ranks. Roostify will be celebrated tonight in San Francisco at The Cloud 100 Celebration, an exclusive event hosted by Bessemer Venture Partners, Forbes and Salesforce Ventures. The celebration is attended by the CEOs of the public cloud companies and the CEOs named to The Cloud 100 and The 20 Rising Stars lists.

“It’s an honor to be recognized by Bessemer Venture Partners, Forbes and Salesforce Ventures as one of 20 Rising Stars in the cloud industry as we continue to work towards changing the way lenders process loan applications,” said Rajesh Bhat, CEO and Co-Founder of Roostify. “We are extremely proud of the work we have done to improve the consumer experience during one of the most important purchases of their lives – a home. Being recognized for our successes validates our mission as a company – we look forward to the possibility of being named to the Cloud 100 in 2018!”

“This year’s 20 Rising Stars show there is an exciting future ahead for cloud computing and the trillion-dollar software industry,” said Byron Deeter, partner at Bessemer Venture Partners. “The Forbes 2017 Cloud 100 list represents more than $100B in private enterprise value, and we’re betting these 20 Rising Stars will soon bump that number even higher. Each of these private cloud companies is transforming the way we do business and deserves to be recognized for their hard work.”

“The 20 Rising Stars list includes companies that are disrupting the cloud industry,” said John Somorjai, EVP Salesforce Ventures and Corporate Development. “We see great hope for these companies in the future on the top 100 list and are excited to watch them as they revolutionize every industry around the world.”

The Forbes 2017 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com/cloud100 and will appear in the July 27, 2017 issue of Forbes magazine.

 

About Roostify
Founded by consumers looking for a better way to buy a home, Roostify leads the industry in delivering accelerated and transparent online mortgage experiences.  From enterprise banks to independent brokerages, dozens of lenders across the United States trust Roostify to speed up closings, reduce unnecessary work and give their customers a smooth, anxiety-free mortgage experience. Since 2014, Roostify has helped close thousands of home loans nationwide.

Roostify is privately funded and headquartered in San Francisco. For more information, please visit roostify.com.